Here's how many people COVID-19 could push into poverty, according to the World Bank

Nov 16, 2020

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The pandemic has had a profound impact on people living in poverty. Image: REUTERS/Danish Siddiqui

Nishant Yonzan

Consultant, Poverty and Inequality Unit, Development Data Group, World Bank

Christoph Lakner

Economist in the Poverty and Equity Global Practice, The World Bank.

Daniel Gerszon Mahler

Young Professional, Development Data Group, World Bank

R. Andres Castaneda Aguilar

Economist, Development Data Group, World Bank

Haoyu Wu

Consultant, Poverty and Equity Global Practice

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Figure 1: COVID-19-induced new poor in 2020, using various growth vintages. Image: Lakner et al. (2020) (updated), PovcalNet.

Figure 2: Estimates of the COVID-19-induced new poor in 2020, different scenarios for growth and inequality (in millions). Image: Lakner et. al (updated), PovcalNet

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