Bloomberg: Czech Republic among the worst in world for COVID-19 response

The news agency's COVID Resilience Ranking takes into account multiple factors.

Samantha Tatro

Written by Samantha Tatro
Published on 26.11.2020 11:08 (updated on 26.11.2020)

The Czech Republic has been ranked the fifth worst country in the world for their COVID-19 coping strategy, according to a new index report in Bloomberg.

Bloomberg's COVID Resilience Ranking takes into account not only the country's COVID-19 cases per 100,000 and deaths, but also the severity of the measures taken to fight the virus and access to a possible vaccine in the future.

The index looks at all these factors and then ranks 53 countries by who has been most effective and least effective at handling the virus with the least disruption to business and society.

In Bloomberg's list, the Czech Republic ranks the fifth worst nation for their handling of the virus with a resilience score of 46.8. The only countries worse than the Czech Republic are Belgium, Peru, Argentina and Mexico, respectively.

The country suffers the most from their number of cases per 100,000 each month (2,371) and monthly fatality rate (2.1 percent). In addition, the country has a 26 percent positivity test rate; only Mexico (62.3 percent positivity rate), Poland (44.8 percent positivity rate) and Iran (30.5 percent positivity rate) have higher positivity test rates.

When it came to the economy, Bloomberg forecasted a drop in GDP of -6.5 percent for 2020, indicating that the government restrictions put in place due to the virus had a significant impact on the economy.

In contrast, the U.S. ranks 18th on the list with a 14 percent positivity test rate.

The report was not all bad for the Czech Republic. The country received a 3 out of 5 for their access to a possible vaccine in the future. The Czech Republic also received high marks for the severity of their lockdown measures on the index and high marks for their universal health care system, as well as their human development index.