COVID-19

This is the effect COVID-19 will have on global poverty, according to the World Bank

Customers sit on chairs at Maponya Mall as South Africa starts to relax some aspects of a stringent nationwide lockdown due to the coronavirus disease (COVID-19) outbreak in Johannesburg, South Africa, May 5, 2020.

The world bank predicts that COVID-19 could force 50 million people into extreme poverty Image: REUTERS/Siphiwe Sibeko

Christoph Lakner
Economist in the Poverty and Equity Global Practice, The World Bank.
Daniel Mahler
Partner and Head, Americas, Kearney
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The global poverty rate is measured as the share of the world's population living on less than $1.90 per day.
COVID-19 has made significant changes to current poverty levels when compared to previous forecasts Image: PovcalNet
Millions pushed into extreme poverty due to COVID-19
COVID-19 has forced just under 50 million people into extreme poverty.
 The global poverty rate is measured as the share of the world's population living on less than $1.90 per day.
The global poverty rate is measured as the share of the world's population living on less than $1.90 per day. Image: PovcalNet
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Related topics:
COVID-19SDG 01: No PovertyGlobal HealthEconomic Progress
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