The COVID-19 pandemic has had a massive impact on our daily lives. It’s changed the way we work, play, and interact with each other.
People are now more accustomed to social distancing, working remotely, and wearing masks whenever they’re in public. Businesses have been affected as well – many of them now completely rely on digital solutions to stay afloat. Education has also taken a hit; with venues switching their entire curriculums over to virtual platforms almost overnight. We’ve seen dramatic changes across all aspects of life – from transportation shutdowns to canceled events – that have together created an unprecedented disruption worldwide.
The first wave of covids-19 seriously affected the world economy because the world was not prepared for a pandemic. This led to an increase in cases, deaths, unemployment and poverty, resulting in an economic downturn. The situation was exacerbated by the fact that in addition to the general quarantine, which slowed down business, national governments were forced to throw all their energy and investment into fighting the epidemic rather than into their own development.
I decided to analyze how much the GDP of the countries fell because of the pandemic. I found an appropriate dataset and used the Python programming language and its Pandas library to analyze the impact of COVID on the world economy.
