The impact of long-term illness suffered by people after Covid-19 infections is estimated to cost OECD countries a total of up to $135bn a year and will dog their economies for at least a decade, according to new research.
The projected hit to GDP from lower productivity, increased absences or employees quitting work altogether will dwarf extra health spending burdens stemming from the sickness, says the OECD study published on Wednesday.
The paper is a rare attempt to quantify the economic effects from so-called long Covid, which has a debilitating effect on sufferers but remains poorly understood scientifically and is patchily monitored for data collection.
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