The world economy is set to lose trillions in GDP because of delayed vaccination timelines, with developing economies bearing most of the losses due to the uneven rollout. Around 5 billion doses of the vaccine have been administered globally since August 23, but only 15.02 million of those doses were in low-income countries. Countries that cannot inoculate 60% of their population by mid-2022 could lose $2.3 trillion between 2022 and 2025. Asia losses are projected to reach $1.7 trillion, or 1.3% of the region’s forecasted GDP. Countries in sub-Saharan Africa may lose around 3% of their forecasted GDP, the highest in percentage.
