World Bank: Covid pandemic expected to push 100 million people into extreme poverty

The COVID-19 pandemic is estimated to push an additional 88 million to 115 million people into extreme poverty this year, with the total rising to as many as 150 million by 2021, depending on the severity of the economic contraction.

~ World Bank, "COVID-19 to Add as Many as 150 Million Extreme Poor by 2021," October 7, 2020

The pandemic and global recession may cause over 1.4% of the world’s population to fall into extreme poverty.

~ David Malpass, World Bank Group President