Updated estimates of the impact of COVID-19 on global poverty: Turning the corner on the pandemic in 2021?

Categories : Customer and Users of Digital Payments, Financial inclusion


Author: World Bank

In this blog, we revise those numbers based on updates to global poverty data that occurred in March and June and based on the recently launched growth forecasts from the June 2021 version of GEP. We aim to provide preliminary answers to two questions: Is global poverty turning the corner on the pandemic in 2021, and if so, is this happening in a similar way across countries?