How Much Will Poverty Rise in Sub-Saharan Africa in 2020?

How Much Will Poverty Rise in Sub-Saharan Africa in 2020?

The ongoing coronavirus pandemic is expected to drastically slow 2020 GDP per capita growth in Sub-Saharan Africa (SSA) by about 5 percentage points compared to pre-pandemic forecasts. This note presents results from an analysis of a comprehensive...

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Bibliographic Details
Main Authors: Montes, Jose, Silwal, Ani, Newhouse, David, Chen, Frances, Swindle, Rachel, Tian, Siwei
Format: Brief
Language:English
Published: World Bank, Washington, DC 2020
Subjects:
POVERTY ASSESSMENT
CORONAVIRUS
COVID-19
INTERNATIONAL POVERTY LINE
ECONOMIC SHOCK
ECONOMIC CRISIS
POVERTY IMPACT
PANDEMIC
ECONOMIC GROWTH
HOUSEHOLD SURVEYS
INCOME DISTRIBUTION
SELF-EMPLOYMENT
Online Access:http://documents.worldbank.org/curated/en/607011589560173878/How-Much-Will-Poverty-Rise-in-Sub-Saharan-Africa-in-2020
http://hdl.handle.net/10986/33765
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Summary:The ongoing coronavirus pandemic is expected to drastically slow 2020 GDP per capita growth in Sub-Saharan Africa (SSA) by about 5 percentage points compared to pre-pandemic forecasts. This note presents results from an analysis of a comprehensive database of surveys from 45 of 48 SSA countries to examine the effects of the project fall in growth on poverty in the region. An additional 26 million people in SSA, and as much as 58 million, may fall into extreme poverty defined by the international poverty line of 1.90 US Dollars per day in 2011 PPP. The poverty rate for SSA will likely increase more than two percentage points, setting back poverty reduction in the region by about 5 years.

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