– Rwanda's real GDP grew by 8.9% in 2024, surpassing the previous year's growth rate of 8.2%. The latest edition of the Rwanda Economic Update (REU), launched today by the World Bank, highlights that ...

Michal Rutkowski is the former Regional Director for the People (Human Development) Global Practice for the World Bank's Europe and Central Asia region. Previously, he was the Global Director for ...

Commodity prices are set to rise 23% in 2026 as global shocks mount, according to the World Bank Group’s latest Commodity ...

External debt of developing countries jumped 5.5% to a record $9.4 trillion in 2025, the fastest pace since 2021 and about four times the 2022–24 average, according to the World Bank Group’s ...

Guided by the outcome of the International Monetary Fund’s (IMF) polling process, World Bank Group President Ajay Banga today announced that the World Bank Group is now resuming dealings with the ...

The LSMS multi-purpose survey collects data on many dimensions of household and individual wellbeing to assess household welfare, understand hosuehold behavior and evaluate the effect of various ...

The HIPC and related Multilateral Debt Relief Initiative (MDRI) programs have relieved 37 participating countries of more than $100 billion in debt. To date, 37 countries — 31 of them in Africa — have ...

MANILA, December 9, 2025 – The Philippine economy slowed in 2025 as domestic shocks, weaker investment, and soft global demand weighed on growth. However, a modest recovery is expected in 2026–2027, ...

About The World Bank The World Bank Group has a bold vision: to create a world free of poverty on a livable planet. In more than 100 countries, the World Bank Group provides financing, advice, and ...

Global progress on reducing extreme poverty has come to a standstill, and the world is at risk of falling further behind unless more and better jobs are created, according to the World Bank Group’s ...

Sri Lanka’s economy is projected to see moderate growth of 2.2% in 2024, showing signs of stabilization, following the severe economic downturn of 2022. But, the country still faces elevated poverty ...

Economic growth in the Western Balkans is expected to accelerate in 2026 and strengthen further in 2027, supported by consumption and investment.