The COVID-19 outbreak has drastically changed the global economic landscape. The pandemic, which began at the end of 2019, triggered unprecedented economic uncertainty, affecting various industrial sectors throughout the world. The transport, tourism and hospitality sectors were the hardest hit, with a significant drop in demand due to travel restrictions and strict health protocols. Many airlines have had to cancel flights, and many hotels are operating below their ideal capacity. The impact on the global economy is not only limited to the sectors directly affected. Global supply chains are also disrupted, affecting goods production and distribution. Factory closures and goods stuck at ports have caused shortages of raw and finished goods. The manufacturing sector experienced a decline in output, while raw material prices increased, triggering inflation in many countries. To respond to this crisis, governments in various parts of the world are taking aggressive fiscal policy steps. Economic stimulus in the form of cash transfers, loans and support for small businesses was rolled out to boost the recovery. However, these measures have also led to concerns about growing public debt. Simultaneously, central banks lower interest rates to stimulate investment, potentially bringing the risk of future inflation. In the digital sector, COVID-19 accelerated pre-existing digital transformation. Many companies are shifting to a remote work model, which is not only affecting the way employees operate, but also the way companies interact with their consumers. E-commerce surged during the pandemic, with many businesses adopting digital platforms to survive. This creates new opportunities, but also emphasizes the existing digital divide between large companies and small businesses. Economic uncertainty causes changes in consumer behavior. Increased savings and more careful spending are becoming new characteristics, so companies have to adjust their marketing strategies. Spending on luxury and non-essential goods decreased, while demand for basic and health goods increased. Unemployment also increased dramatically. Many workers lost their jobs, and the informal sector experienced a greater impact. In many developing countries, challenges in providing social support make economic recovery more difficult. In the international context, trade relations between countries are also affected. Border closures and isolation policies of some countries lead to a reduction in international trade. Countries resort to protectionism to protect their domestic economies, which could have a negative impact on the global recovery. Overall, the COVID-19 outbreak has posed significant challenges to the global economy. From direct impacts on specific sectors to changes in consumer behavior and digital innovation, the world economy is adapting in an unprecedented context. As the world seeks to recover from this crisis, the complexity of the impacts caused by COVID-19 will continue to shape the direction of the global economy in the years to come.