Global Economic Growth Slows Amid Pandemic, War, and Shifting Demand

The global economy has faced multiple shocks recently like the coronavirus pandemic and the Russian invasion of Ukraine, slowing growth.

China's economic recovery and demand for commodities impacts global markets as its manufacturing sector grows.

Europe has been hit hard economically by the Ukraine war, especially Germany which relied on cheap Russian gas.

The U.S. is the world's largest economy but drops to 2nd in GDP per capita (PPP) terms behind oil-rich Qatar.

Switzerland is Europe's financial hub and home to a thriving banking industry, giving it the 6th highest GDP per capita globally.