One simple baseline is the World Bank’s projection released this time last year, when it was still blissfully unaware of the lurking viral threat.
In a manner characterized by extreme happiness or joy.
Remaining hidden so as to wait in ambush.
That is equivalent to about $5.6trn (at the market exchange rates and prices prevailing in 2010, which the bank uses for analytical convenience).
Equal in value, amount, function, meaning, etc.
Existing at a particular time; current.
goods and services the world could have produced had it remained unafflicted.
VERB FORMAL If you are afflicted by pain, illness, or disaster, it affects you badly and makes you suffer. (=affect)
Even these colossal numbers understate the cost, however. The economic damage, after all, will not be confined to this year and last.
(of a space) restricted in area or volume; cramped.
Because the pandemic is so damaging to health and society, it is worth diverting vast resources to fight it—these efforts are of enormous economic value.
Of very great extent or quantity; immense.