The Conversation: Covid-19 cost more in 2020 than the world's combined natural disasters in any of the past 20 years - News Summed Up

The Conversation: Covid-19 cost more in 2020 than the world's combined natural disasters in any of the past 20 years


Calculating 'lost life years'But "value of life" prices can vary a lot between and even within countries. Photo / APIn India, by contrast, the average person lost nearly 15 days and in Peru the equivalent figure is 25 days. The graph below shows the life years lost in 2020 by continent, per person, from Covid-19 compared to the average annual cost of all other disasters 2000-2019. Much public and media attention has focused on the death toll and immediate economic impact from Covid-19. But the human and social costs associated with that economic loss are potentially much greater, particularly in poorer countries.


Source: New Zealand Herald April 19, 2021 22:41 UTC



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