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For the first time in a generation, the quest to end poverty has suffered its worst setback.

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We calculate the COVID-19-induced poor by comparing poverty using the growth forecasts from the June 2020 and January 2020 editions of the Global Economic Prospects. We estimate that an additional 88 million people will live in extreme poverty in 2020 as a result of COVID-19 and that this number could rise to 115 million under the COVID-19 downside scenario with more severe economic impacts of the pandemic.  Read more.

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1818 H Street, NW Washington, DC 20433
Elizabeth Howton
ehowton@worldbankgroup.org