In the forecasted GDP growth rate in the years of 2018 until 2021, fluctuation

occurs every year. As we can see during 2018, there is only one country that
has a negative GDP growth rate however during 2019 there is none.
Moreover, during 2020, there were lots of countries that have a negative GDP
growth rate and this is because of certain circumstances happen worldwide.

The worldwide effects bought by that certain circumstances was the

employment status were many employees being unemployed and also
businesses were temporarily closed within this period. In addition, this
creates big impact to the economy of each country where economy’s GDP
growth rate decreases since wage growth were decline and the company’s
sale or earnings were also declined. Moreover, in this year, the COVID-19
brought negative impacts in the worldwide economy in which businesses
were temporarily closed that leads running out of production.

The flow of GDP growth rate each year continuously fluctuates where in the
first two years, it slowly decreases while in the year 2020 it decreases in a
wide range than to the previous rates forecast but during 2021, it’s state were
back to it’s normal.