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It Would Cost $50 Billion to Vaccinate the World, OECD Says

  • OECD Chief Economist Boone says vaccinations key for economy
  • G-20 countries spent $10 trillion on support during pandemic
People line up at a Covid-19 vaccination center in New Delhi, India.
People line up at a Covid-19 vaccination center in New Delhi, India.Photographer: T. Narayan/Bloomberg
Updated on

It could cost as little as $50 billion to save the global economy.

That’s the amount needed to vaccinate the world, a measure that’s key to ending the pandemic and tackling the imbalances “plaguing the recovery,” according to OECD Chief Economist Laurence Boone.