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When Will Your Country Recover from the Pandemic?

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What started as a novel virus in China quickly became a sweeping disease that shut down the world and put a 1.5 year halt on the global economy.

But while some countries’ economies are already back to normal, others are lagging far behind.

COVID-19 Recovery Timelines, by OECD Country

This chart using data from the OECD anticipates when countries will economically recover from the global pandemic, based on getting back to pre-pandemic levels of GDP per capita.

Note: The categorization of ‘advanced’ or ‘emerging’ economy was determined by OECD standards.

covid-19 recovery time by country

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The Leaders of the Pack

At the top, China and the U.S. are recovering at breakneck speed. In fact, recovering is the wrong word for China, as they reached pre-pandemic GDP per capita levels just after Q2’2020.

On the other end, some countries are looking at years—not months—when it comes to their recovery date. Saudi Arabia isn’t expected to recover until after Q1’2024, and Argentina is estimated to have an even slower recovery, occurring only after Q2’2026.

CountryRecoveryEconomy
🇧🇪 BelgiumAfter Q4 2022Advanced
🇸🇪 SwedenAfter Q4 2021Advanced
🇸🇰 SlovakiaAfter Q4 2021Advanced
🇳🇿 New ZealandAfter Q4 2021Advanced
🇩🇪 GermanyAfter Q4 2021Advanced
🇪🇪 EstoniaAfter Q4 2021Advanced
🇩🇰 DenmarkAfter Q4 2021Advanced
🇮🇸 IcelandAfter Q3 2023Advanced
🇸🇮 SloveniaAfter Q3 2022Advanced
🇵🇹 PortugalAfter Q3 2022Advanced
🇫🇷 FranceAfter Q3 2022Advanced
🇦🇹 AustriaAfter Q3 2022Advanced
🇵🇱 PolandAfter Q3 2021Advanced
🇳🇴 NorwayAfter Q3 2021Advanced
🇱🇺 LuxembourgAfter Q3 2021Advanced
🇱🇻 LatviaAfter Q3 2021Advanced
🇯🇵 JapanAfter Q3 2021Advanced
🇫🇮 FinlandAfter Q3 2021Advanced
🇪🇸 SpainAfter Q2 2023Advanced
🇬🇧 United KingdomAfter Q2 2022Advanced
🇳🇱 NetherlandsAfter Q2 2022Advanced
🇮🇹 ItalyAfter Q2 2022Advanced
🇬🇷 GreeceAfter Q2 2022Advanced
🇨🇿 Czech RepublicAfter Q2 2022Advanced
🇨🇦 CanadaAfter Q2 2022Advanced
🇺🇸 United StatesAfter Q2 2021Advanced
🇰🇷 South KoreaAfter Q2 2021Advanced
🇮🇪 IrelandAfter Q2 2021Advanced
🇨🇭 SwitzerlandAfter Q1 2022Advanced
🇮🇱 IsraelAfter Q1 2022Advanced
🇭🇺 HungaryAfter Q1 2022Advanced
🇦🇺 AustraliaAfter Q1 2022Advanced
🇱🇹 LithuaniaAfter Q1 2021Advanced
🇿🇦 South AfricaAfter Q4 2022Emerging
🇮🇩 IndonesiaAfter Q4 2021Emerging
🇮🇳 IndiaAfter Q4 2021Emerging
🇲🇽 MexicoAfter Q3 2023Emerging
🇨🇴 ColombiaAfter Q3 2022Emerging
🇧🇷 BrazilAfter Q3 2022Emerging
🇨🇱 ChileAfter Q3 2021Emerging
🇹🇷 TurkeyAfter Q3 2020Emerging
🇦🇷 ArgentinaAfter Q2 2026Emerging
🇨🇷 Costa RicaAfter Q2 2023Emerging
🇷🇺 RussiaAfter Q2 2021Emerging
🇨🇳 ChinaAfter Q2 2020Emerging
🇸🇦 Saudi ArabiaAfter Q1 2024Emerging

Most countries will hit pre-pandemic levels of GDP per capita by the end of 2022. The slowest recovering advanced economies—Iceland and Spain—aren’t expected to bounce back until 2023.

Four emerging economies are speeding ahead, and are predicted to get back on their feet by the end of this year or slightly later (if they haven’t already):

  • 🇷🇺 Russia: after Q2’2021
  • 🇨🇱 Chile: after Q3’2021
  • 🇮🇳 India: after Q4’2021
  • 🇮🇩 Indonesia: after Q4’2021

However, no recovery is guaranteed, and many countries will continue face setbacks as waves of COVID-19 variants hit—India, for example, was battling its biggest wave as recently as May 2021.

Trailing Behind

Why are some countries recovering faster than others? One factor seems to be vaccination rates.

CountryDoses Administered per 100 PeopleTotal Doses AdministeredPercent of Population Fully Vaccinated
World473,573,004,544
🇦🇪 U.A.E.16616,194,52669%
🇲🇹 Malta143718,41871%
🇧🇭 Bahrain1362,224,91663%
🇮🇸 Iceland129466,43470%
🇺🇾 Uruguay1294,458,39458%
🇨🇱 Chile12824,248,54560%
🇦🇼 Aruba125133,42159%
🇶🇦 Qatar1233,474,94456%
🇬🇧 United Kingdom12281,438,89253%
Mongolia1213,912,99656%
Israel12110,959,63358%
Canada11844,293,65948%
Singapore1136,440,73542%
Belgium11112,700,51346%
Curaçao108170,85751%
Denmark1086,266,89243%
Maldives106561,74846%
Netherlands10518,273,23843%
Spain10549,585,19749%
Hungary10410,155,46654%
Portugal10310,579,25944%
Luxembourg102633,97441%
Germany10284,989,85045%
China1021,426,347,000
United States101336,054,95348%
Ireland1014,995,71944%
Austria1008,866,47444%
Italy9959,966,90841%
Switzerland958,133,48642%
France9362,321,35540%
Sweden939,536,16436%
Finland904,951,92526%
Norway894,785,93731%
Greece899,560,59242%
Lithuania882,459,60542%
Czech Republic889,346,39738%
Poland8532,413,19942%
Dominican Rep.849,066,15134%
Estonia791,049,41634%
Serbia785,415,43438%
Slovenia781,626,07236%
Cyprus76916,81935%
Turkey7461,747,39923%
Slovakia734,003,63933%
Mauritius71901,53024%
Croatia712,870,86632%
Macau69434,72627%
Cuba697,767,60117%
Latvia661,264,43333%
Bhutan64487,0600.02%
Saudi Arabia6321,556,3149.2%
Hong Kong624,638,90826%
Barbados59168,95525%
Argentina5826,134,81511%
Brazil57120,726,75216%
Kuwait562,375,45522%
Morocco5620,584,81226%
Cambodia56924292524%
El Salvador533,422,21420%
Japan5366,714,52820%
Costa Rica522,606,79116%
French Polynesia51141,52324%
Montenegro49304,65523%
Fiji47419,9988%
Romania479,092,14124%
Guyana46363,44216%
Colombia4522,624,56819%
Jordan454,498,74818%
Azerbaijan424,242,72717%
Panama421,781,54215%
Mexico4152,704,96017%
Malaysia4113,107,68113%
South Korea4121,157,61212%
New Caledonia40115,21819%
Ecuador406,890,87610%
Kazakhstan397,303,18014%
Suriname38222,3778%
Australia389,631,80710%
Belize38147,08010%
Albania371,052,10816%
Russia3550,383,63814%
Oman351,728,6186%
North Macedonia34713,11413%
Samoa3262,1614.7%
Moldova31834,52713%
Grenada3135,07213%
Peru319,954,42912%
Saint Lucia3054,36113%
Sri Lanka296,431,1007.3%
India29391,340,4916%
New Zealand291,404,34311%
Brunei28121,2414.3%
Tonga2728,667
Bulgaria271,896,57412%
Bolivia273,117,5217%
Trinidad and Tobago27375,92411%
Bahamas2597,99210%
Lebanon251,693,1649%
Laos241,708,9819%
Saint Vincent and the Grenadines2325,509
Cape Verde23124,9583%
Timor-Leste22281,2833%
Indonesia2155,819,7816%
Equatorial Guinea21279,1129%
West Bank & Gaza20958,5199%
Thailand1913,533,7175%
Taiwan194,603,6391%
Tunisia192,206,9806%
São Tomé and Príncipe1837,7165%
Bosnia and Herzegovina14470,2185%
Venezuela144,000,0004%
Nepal133,730,3444%
Philippines1314,074,5144%
Botswana12284,6765%
Honduras121,172,8301%
Paraguay12826,6422%
Belarus
Zimbabwe111,575,5394%
Comoros1190,880
Uzbekistan113,541,4424%
Pakistan102,166,06502%
Jamaica9.8290,3824%
Armenia8.8260,8132%
Ukraine8.83,899,8903%
Iran7.96,530,1243%
Georgia7.8289,3993%
South Africa7.74,535,2223%
Guatemala6.91,146,4771%
Namibia6.7166,6161%
Myanmar6.5*3,500,000
Libya6.3425,119
Bangladesh6.210,108,2243%
Guinea6770,6882%
Algeria
Eswatini5.260,0692%
Rwanda5.1646,9092%
Senegal5.1823,6102%
Angola4.91,558,2012%
Egypt4.84,851,3491%
Vanuatu4.714,026
Vietnam4.34,185,6230.3%
Togo
Tajikistan4.3397,6940.2%
Ghana4.21,265,3061%
Mauritania4182,6420.3%
Solomon Islands3.825,6281%
Ivory Coast3.3861,278
Gabon3.372,3511%
Republic of the Congo3163,742
Kenya2.91,550,3891%
Sierra Leone2.9225,3800.2%
Iraq2.81,087,8661%
Djibouti2.826,796
Afghanistan2.71,024,1681%
Kyrgyzstan2.7173,7001.%
Lesotho2.756,3221%
Nicaragua
Uganda2.41,079,943
Malawi2.3428,4070.2%
Nigeria23,938,9451%
Liberia1.995,4230.2%
Ethiopia1.92,090,997
Gambia1.943,5571%
Niger1.8423,3350.3%
Mozambique1.7508,1841%
Central African Republic1.778,685
Somalia1.6249,7901%
Sudan1.6677,9570.3%
Zambia1.4243,8180.3%
Guinea-Bissau1.325,0120.1%
Yemen1297,405<0.1%
Mali1196,8620.3%
Syria0.8131,2210.1%
Madagascar0.7197,001
Turkmenistan
Cameroon0.6163,9210.1%
Papua New Guinea0.651,170<0.1%
South Sudan0.555,915<0.1%
Benin0.452,5630.1%
Burkina Faso0.233,960<0.1%
Chad0.224,459<0.1%
Congo0.173,764<0.1%

As of July 16th, 2021.

The higher the rate of vaccination, the harder it is for COVID-19 to spread. This gives countries a chance to loosen restrictions, let people get back to work and regular life, and fuel the economy. Additionally, the quicker vaccines are rolled out, the less time there is for variants to mutate.

Another factor is the overall strength of a country’s healthcare infrastructure. More advanced economies often have more ICU capacity, more efficient dissemination of public health information, and, simply, more hospital staff. These traits help better handle the pandemic, with reduced cases, less restrictions, and a speedy recovery.

Finally, the level of government support and fiscal stimulus injected into different economies has determined how swiftly they’ve recovered. Similar to the disparity in vaccine rollouts, there was a significant fiscal stimulus gap, especially during the heat of the pandemic.

Recovering to Normal?

Many experts and government leaders are now advocating for funneling more money into healthcare infrastructure and disease research preventatively. The increased funding now would help stop worldwide shut downs and needless loss of life in future.

Time will tell when we return to “normal” everywhere, however, normal will likely never be the same. Many impacts of the global pandemic will stay with us over the long term.

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Ten Classic American Brands Owned by Foreign Companies

Chrysler, Lucky Strike, and Tiffany’s are some of the classic American brands that are owned by foreign companies.

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A cropped chart of ten classic American brands now owned by foreign companies.

Ten Classic American Brands Owned by Foreign Companies

This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.

Popular brands have an intangible effect on culture. As symbols of eras past and present, they’re associated with identities, lifestyles, and trends in society.

Using data from 24/7 Wall St, we list some classic American brands that are owned by foreign companies

A List of American-Founded, Foreign-Owned Brands

Tiffany and Co.’s 183-year American story came to an end in 2019 after French luxury giant LVMH announced plans to acquire the company.

The sale did not progress smoothly but in 2021, LVMH completed its acquisition for a slightly-reduced $16 billion price tag.

In the years since, Tiffany’s earnings have doubled, LVMH’s stock price has risen 50%, and Bernard Arnault—LVMH Chairman and CEO—has become the world’s richest man.

CompanyFirst Sold to
Foreign Buyer
Current Owner
Trader Joe's1979🇩🇪 Aldi Nord
Burger King1989🇬🇧 Grand Metropolitan
7-Eleven1991🇯🇵 Seven & I Holdings
Lucky Strike1994🇬🇧 British American Tobacoo
Chrysler1998🇳🇱 Stellantis N.V.
Ben and Jerry's2000🇬🇧 Unilever*
IBM (PC Business)2005🇨🇳 Lenovo
Budweiser2008🇧🇪 Anheuser-Busch InBev
Popeyes2017🇨🇦 Restaurant Brands International
Tiffany & Co.2019**🇫🇷 LVMH

*Unilever has announced it’s spinning off its ice cream businesses. **Deal finalized in 2021. Data current to May 2024.

Another brand from 19th century America, Lucky Strike, saw its ownership change in 1994, when British American Tobacco Company acquired the American Tobacco Company.

Meanwhile, a hallmark of the American automaker landscape, Chrysler merged with Daimler-Benz in 1998. Since then however the company has moved and merged with others (Fiat) and is now under the Stellantis N.V. group, with headquarters located in Hoofddorp, Netherlands.

A more recently born U.S. brand, (in comparison to earlier mentioned stalwarts), Trader Joe’s stayed American-owned for only 12 years after it was founded in 1967. Theo Albrecht, owner and CEO of Aldi Nord, a German supermarket chain, acquired the business in 1979.

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