The World Bank Group today announced the appointment of Tsutomu Yamamoto as Managing Director of the Multilateral Investment Guarantee Agency (MIGA), home of the World Bank Group Guarantee Platform.

Global gas flaring rose to its highest level since 2007, wasting $63 billion in energy and emitting 389 million tonnes of ...

Latest news and information from the World Bank and its development work in Ukraine. Access Ukraine’s economy facts, statistics, project information, development research from experts and latest news.

As differences in price levels across the world evolve, the global poverty line has to be periodically updated to reflect these changes. Since 2015, the last update, we have used $1.90 as the global ...

In 2024, Belize, a small Caribbean country grappling with increasing climate risks that strain its economy, gained access to ...

Russia’s economy will contract by 4.5 percent in 2022, less than initially expected thanks to the strong fiscal response and the surge in energy prices which helped increase fiscal revenues. The ...

The World Bank Group has two ambitious goals: ending extreme poverty and boosting shared prosperity. Learn more about World Bank data, research, news, and leadership.

This report provides a comprehensive assessment of the expected demand for the Middle Corridor, a multimodal rail and maritime corridor linking Chinese and European markets via Central Asia and the ...

The Macro Poverty Outlook (MPO) analyzes macroeconomic and poverty developments in 149 developing countries. The report is released twice annually for the Spring and Annual Meetings of the World Bank ...

Latest news and information from the World Bank and its development work in South Asia. Access South Asia’s economy facts, statistics, project information, development research from experts and latest ...

In the heart of the Pacific Ocean, on a narrow atoll barely rising above the sea, sits one of the most remarkable pieces of infrastructure in the world, not because it is the largest, or the busiest, ...

The DAI is a worldwide index that measures countries’ digital adoption across three dimensions of the economy: people, government, and business. The index covers 180 countries on a 0–1 scale, and ...