COVID-19, a follow-up in the evolution of transport and logistics
Centre for Transportation Studies for the Western Mediterranean
CETMO
The World Health Organization declared Covid-19 a pandemic on 11 March 2020. Its impact on economic and social activity was evident from the beginning. COVID-19 caused a global contraction of 3.5% of real GDP by 2020 according to World Bank data. The drop of real GDP in the Middle East and North Africa (MENA) and the European Union (EU) regions was estimated at 3.9% and 6.6% respectively, marked by the decline in the second quarter of 2020, with 6.6% and 14.6% respectively.