Battered and bruised by the shutdown of businesses, international trade and more, America's economy shrank by 5% during Q1, its biggest contraction since the global financial crisis. As job losses hit record levels, the US government is rolling out a $2.2 trillion (£1.7tn) stimulus package, which should speed up the recovery. That said, GDP is predicted to drop 7.3% this year according to the OECD, or 8.5% if a second wave hits.

Now read how government COVID-19 cash handouts compare around the world

How coronavirus has affected the world's economies