Over the next 10 to 15 years, 1.2 billion young people in developing countries will reach working age. Current projections suggest that only about 400 million jobs will be created. That gap—nearly 800 ...

The World Bank updated the global poverty lines in September 2022. The decision, announced in May, follows the release in 2020 of new purchasing power parities (PPPs)—the main data used to convert ...

About one billion people globally live with disabilities — around 80 percent of them in developing countries. In Sub-Saharan Africa, disability data recently collected through regular household ...

"The World Bank Group stood out to me as the ideal platform to gain this exposure - combining a global footprint with a deep commitment to development." ...

The Annual Report 2015, which covers the period from July 1, 2014, to June 30, 2015, focuses on how the World Bank is partnering with countries to end extreme poverty by 2030, promote shared ...

KYIV, Ukraine, Feb. 25, 2025—Three years into Russia’s invasion of Ukraine, an updated joint Rapid Damage and Needs Assessment (RDNA4) released today by the Government of Ukraine, the World Bank Group ...

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Financial inclusion is a key enabler to reducing poverty and boosting prosperity.

Participation in global value chains can lead to increased job creation and economic growth. Participation in global value chains (GVCs), the international fragmentation of production, can lead to ...

Economic growth in the Lao PDR is estimated to have been below 2019 levels in 2023 and is forecast to remain below that pace in 2024, weighed down by economic instability, low worker skills, ...

Business Owners refer to the individuals who own at least one share of new limited liability companies registered in the calendar year. The table shows the difference between the number of female and ...

A rural electrification project in Eastern Province, Rwanda. Photo: Rwanda Energy Group In just 15 years, Rwanda has increased its electricity access to 75% from 6% in 2009. This took government ...