Economic Impact of COVID-19 lockdown in Malaysia: A View from Space

The emergence and spread of COVID-19 has forced governments around the world to implement strict measures in an attempt to curb the spread of the virus. These interventions, however, had a large economic impact, affecting industrial output, demand, and supply chains. At SpaceKnow (SK), we bring satellite imagery down to Earth by using precise and scalable methods to estimate and map important economic indicators. In particular, we employ state-of-the-art proprietary ML/AI algorithms to analyze billions of all-weather images of key locations to provide high-frequency near real-time activity data across a variety of countries and industries. In this study, we illustrate how our satellite-based nowcasting solutions can be used to track the evolution of economic impact during one month of the nationwide lockdown in Malaysia imposed in June 2021 in response to the latest surge of the pandemic.

  • Jul 2021
  • 10 min read
  • Economic Products, Finance
Economic Impact of COVID-19 lockdown in Malaysia: A View from Space Economic Impact of COVID-19 lockdown in Malaysia: A View from Space

Main Areas

Economic Policy
Nowcasting Solutions
Retail, Manufacturing, Logistics and Trade

Used Algorithms

Synthetic Aperture Radar Algorithms
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