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    Global | WHO: The end of the international emergency for COVID-19 came after 1,192 days

    Published on Monday, May 8, 2023 | Updated on Tuesday, May 9, 2023

    Global | WHO: The end of the international emergency for COVID-19 came after 1,192 days

    Summary

    After 1,192 days of Public Health Emergency of International Importance (PHEIC) due to COVID 19, on May 5, 2023, the World Health Organization (WHO) reports that it no longer constitutes an international emergency and concludes the PHEIC, but the pandemic continues.

    Key points

    • Key points:
    • With 765 million total cases of COVID-19 registered worldwide and almost 7 million registered deaths, and still with 631,000 new cases and more than 3,500 deaths in the world between April 24 and 30, the WHO ended the international emergency due to COVID 19.
    • Between January 2020 and December 2021, the WHO estimated that there were approximately 14.9 million direct or indirect deaths (excess mortality) caused by the COVID-19 pandemic worldwide.
    • We estimate that the world economy lost 1 year of economic growth due to the crisis caused by the COVID-19 pandemic, equivalent to a 3.7% increase in global GDP.
    • In Mexico, the effects of the COVID-19 pandemic were deeper and more lasting. In 2022, Mexico's GDP in real terms is still at levels below its all-time high, observed in 2018.

    Geographies

    Authors

    Guillermo Jr. Cárdenas Salgado BBVA Research - Senior Economist
    Juan José Li Ng BBVA Research - Senior Economist

    Documents and files

    Report (PDF)

    2023-05-08-Final-emergencia-COVID-19_C-1.pdf

    Spanish - May 8, 2023

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