COVID-19


Socio-economic impact


Socio-economic impact of COVID-19

 

The UN’s Framework for the Immediate Socio-Economic Response to the COVID 19 Crisis warns that “The COVID-19 pandemic is far more than a health crisis: it is affecting societies and econ­omies at their core. While the impact of the pandemic will vary from country to country, it will most likely increase poverty and inequalities at a global scale, making achievement of SDGs even more urgent.

Assessing the impacts of the COVID-19 crisis on societies, economies and vulnerable groups is fundamental to inform and tailor the responses of governments and partners to recover from the crisis and ensure that no one is left behind in this effort.

Without urgent socio-eco­nomic responses, global suffering will escalate, jeopardizing lives and livelihoods for years to come. Immediate development responses in this crisis must be undertaken with an eye to the future. Development trajectories in the long-term will be affected by the choices coun­tries make now and the support they receive.”

The United Nations has mobilized the full capacity of the UN system through its 131 country teams serving 162 countries and territories, to support national authorities in developing public health preparedness and response plans to the COVID-19 crisis.

Over the next 12 to 18 months, the socio-economic response will be one of one of three critical components of the UN’s COVID-19 response, alongside the health response, led by WHO, and the Global Humanitarian Response Plan.

As the technical lead for the socio-economic response, UNDP and its country offices worldwide are working under the leadership of the UN Resident Coordinators, and in close collaboration with specialized UN agencies, UN Regional Economic Commissions and IFIs, to assess the socio-economic impacts of the COVID-19 pandemic on economies and communities. The assessment reports available on this site contain the preliminary findings of regional and country analyses.

 

Massive production disruptions that started in China have led to a lower supply of goods and services that reduces overall hours worked, leading to lower incomes. Photo Credits: UNDP China

 

Briefs and Reports

 

Africa
 
Angola Socio-Economic Impact of the COVID-19 Pandemic in Angola (3.5 MB)
Cameroon Effets socioéconomiques potentials du COVID-19 au Cameroun (FR) (859.0 kB)
Eswatiini Socio-Economic Impact of COVID-19 in Eswatini (459.2 kB)
The Gambia
Policy Brief 1: Socio-Economic Impact of the COVID-19 Pandemic in The Gambia (131.9 kB)
Policy Brief 2: Impact of COVID-19 on The Gambia's Tourism Sector (538.8 kB)
Briefing Note: COVID-19 Impact on Tourism in The Gambia (237.5 kB)
Kenya Socio-Economic Impact of the COVID-19 Pandemic in Kenya (604.3 kB)
Madagascar Socio-Economic Impact of COVID-19 in Madagascar (1.7 MB)
Note sur l'Impact du COVID-19 sur l'Economie de Madagascar (1.6 MB)
Mauritius & Seychelles
COVID-19 Government Response in Mauritius and Seychelles (141.7 kB)
Mozambique Unpacking the Potential Socio-Economic Impact of the COVID-19 Pandemic in Mozambique - UN in Mozambique (599.6 kB)
Nigeria Briefing Paper 1: Socio-Economic Impact of the COVID-19 Pandemic in Nigeria
Briefing Paper 2: Potential Impact of COVID-19 on Nigeria's North East Region
Uganda Socio-Economic Impact of the COVID-19 Pandemic in Uganda (3.3 MB)
Zimbabwe Preliminary Socio-Economic Impact Assessment on the COVID-19 Pandemic in Zimbabwe (713.4 kB)
   
Asia Pacfic The Social and Economic Impact of Covid-19 in the Asia-Pacific Region
   
Latin America and the Caribbean  
Argentina Social and Economic Impact of COVID-19 and Policy Options in Argentina
Honduras Social and Economic Impact of the COVID-19 and Policy Options in Honduras
Peru Covid-19 and external shock: Economic impacts and policy options in Peru

 

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