COVID-19: effect on income groups globally 2020

Published by
Einar H. Dyvik,
Aug 6, 2024
The COVID-19 pandemic hit many industries hard. Lots of people lost their jobs or were forced to reduce their employment radically throughout 2020. As a result, 131 million more people globally were classified as poor, meaning that they lived on two U.S. dollars or less daily.

Change in number of people in selected income tiers due to the coronavirus (COVID-19) pandemic worldwide in 2020 (in millions)

© Statista 2024
Download
Show detailed source information?
Register for free
Already a member?
Log in
Sources

Use Ask Statista Research Service

Release date

March 2021

Region

Worldwide

Survey time period

2020

Special properties

estimated figures

Supplementary notes

The source adds the following information: "The poor live on $2 or less daily, low income on $2.01-$10, middle income on $10.01-$20, upper-middle income on $20.01-$50, and high income on more than $50; figures expressed in 2011 purchasing power parities in 2011 prices. The estimates show the difference in the number of people in an income tier based on pre-pandemic projections and post-pandemic estimates. The term "post-pandemic" refers to the period since the onset of the pandemic in January 2020. It is assumed, that there is no change in the income distribution in a region from the benchmark year for the projection to 2020."

Citation formats
Access all statistics starting from $2,388 USD yearly *

* For commercial use only

Basic Account

For single users
$0 USD
Always free
Access limited to Free Statistics. Premium Statistics are not included.
  • Free Statistics
Based on your interests

Starter Account

For single users
$199 USD
per month, billed annually 1
Buy now
  • Free Statistics
  • Premium Statistics

    • The statistic on this page is a Premium Statistic and is included in this account.

Professional Account

For teams of up to 5 people
$959 USD
per month, billed annually 1
Buy now
  • Free + Premium Statistics
  • Reports
  • Market Insights

1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.

Compare accounts

Statistics on " Coronavirus: impact on the global economy "

The most important statistics
The most important statistics
The most important statistics
The most important statistics
The most important statistics
The most important statistics
The most important statistics

Other statistics that may interest you Coronavirus: impact on the global economy

Global economic impact

8

Stock markets and COVID-19

6

Impact on major industries

6

Impact on trade and world's largest economies

4

Impact on Asia

6

Impact on Europe

7

Impact on the United States

7

Further related statistics

13

Further Content: You might find this interesting as well

Statistics

Topics

Coronavirus: impact on the global economyInflation worldwideGlobal economyGlobal energy pricesHealth care
All features, all contents, at all times: Learn more about our professional solutions.

* For commercial use only

Basic Account

For single users
$0 USD
Always free
Access limited to Free Statistics. Premium Statistics are not included.
  • Free Statistics
Based on your interests

Starter Account

For single users
$199 USD
per month, billed annually 1
Buy now
  • Free Statistics
  • Premium Statistics

    • The statistic on this page is a Premium Statistic and is included in this account.

Professional Account

For teams of up to 5 people
$959 USD
per month, billed annually 1
Buy now
  • Free + Premium Statistics
  • Reports
  • Market Insights

1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.

Compare accounts
Learn more about how Statista can support your business.