Vaccination delay expected to take at least $28 bn from GDP this year

The slowness and disorganisation in the national COVID-19 vaccination programme will remove at least two percentage points of the country’s GDP by 2021. According to calculations by the LCA consultancy, if 70% of Brazilians were vaccinated by August, the economy would grow 5.5% this year. If vaccination does not reach that level until December, GDP growth could be between 3% and 3.5%. In this scenario, the country will stop moving R$150 billion ($28 billion).

Source: 6 Minutos