Matthew Oliver
March 24, 2025
This video is part of: Centre for the New Economy and Society
With nearly 29 million nurses worldwide, nursing is the largest healthcare profession. However, a global shortage persists, with 6 million unfilled positions before the pandemic—89% in low and lower-middle-income countries. This gap impacts both healthcare outcomes and economic growth.
Poorly delivered healthcare can harm economies, with estimates suggesting up to 10% of global GDP is affected. Conversely, investing in health creates a healthy, engaged workforce that drives productivity and economic recovery. By supporting nurses, we not only improve global health but also bolster economic resilience and growth.
Nursing remains a demanding profession, exacerbated by short staffing, inadequate pay, and poor working conditions. Violence against nurses and a persistent gender pay gap add to the challenges. With 90% of nurses being women, societal biases contribute to limited opportunities for promotion and leadership in healthcare.
To close the gap, the number of nursing graduates must rise by 8% by 2030. Promoting nursing to men and individuals in industries affected by automation could help address workforce shortages while fostering equity. A more diverse and representative nursing profession benefits everyone.
Investing in nursing strengthens healthcare systems and drives economic growth by creating jobs, boosting social mobility, and enhancing GDP. Nurses play an extraordinary role, and they deserve fair pay, protection, and support to continue their vital work.
Watch the video to learn how investing in nurses can transform global health and economies.
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