Choosing the Path to a Healthier Economy: Exploring the Economic Impact of Vaccine Investment
A study by Pfizer's Patient & Health Impact team assessed how changes in childhood vaccine investment impact a country's gross domestic product (GDP). Improved childhood vaccination rates were found to be associated with significant, long-term increases in GDP growth rate. For example, if a typical low income country was to invest just $20 in vaccination per child, the estimated economic gains would translate into an additional $2.3 billion to that country's GDP over the next 15 years. Conversely, a country that does not prioritize investing in vaccines could lose hundreds of thousands of dollars in unrealized economic value per unvaccinated baby. The findings provide an economic rationale to complement scientific and moral arguments for prioritizing and maintaining vaccination programs.
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