COVID-19 drive 100 million people into extreme poverty. According to a World Bank Poverty and Shared Prosperity Report 2020 (PSPR2020) COVID-19 was likely to push between 88 and 115 million people into extreme poverty—those living under $1.90-a-day—around the globe in 2020.
COVID-19 is likely to push between 88 and 115 million people into extreme poverty, according to the Poverty and Shared Prosperity Report 2020.
South Asia is expected to account for 63% of the new poor, living below $1.90 a day.
The multiple estimates reported around these figures testify to the uncertain environment which the coronavirus has caused.
