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World Bank Group - International Development, Poverty, & Sustainability
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Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). Find Out Skip to Main Navigation News Global language toggler English EN Español Français عربي Русский 中文 View All » News Global language toggler English EN Español Français عربي Русский 中文 View All » Global SearchSearch button WHO WE ARE Leadership, organization, and history WHAT WE DO Projects, products, and services WHERE WE WORKCountries and regions UNDERSTANDING POVERTY Global data and statistics, research and publications, and topics in poverty and development WORK WITH US Jobs, procurement, training, and events News WHO WE ARE
With 189 member countries, staff from more than 170 countries, and offices in over 130 locations, the World Bank Group is a unique global partnership: five institutions working for sustainable solutions that reduce poverty and build shared prosperity in developing countries. About the World Bank Overview Organization Partners History World Bank Group Strategy Archives Accountability Annual Reports Access to Information Corporate Scorecard Integrity Vice Presidency Inspection Panel Grievance Redress Service Independent Evaluation Group Compliance Advisor Ombudsman Policies and Procedures Experts And Leaders Office of the President Boards of Governors Boards of Directors Leadership Experts News WHAT WE DO
The World Bank Group works in every major area of development. We provide a wide array of financial products and technical assistance, and we help countries share and apply innovative knowledge and solutions to the challenges they face. Development Projects Projects By Country By Sector By Theme Country Engagement Environmental and Social Policies for Projects Procurement for Projects and Programs Results Priorities Human Capital Project People, Peace, Prosperity Knowledge Research & Publications Data Learning Development Topics Open Knowledge Repository Products & Services Financing Products & Advisory Services Treasury WHERE WE WORK Countries country dropdown Afghanistan Albania shqip Algeria Français عربي Angola Português Antigua and Barbuda Argentina Español Armenia Austria Azerbaijan Bahrain Bangladesh Belarus Русский Belgium Français Belize Benin Français Bhutan Bolivia Español Bosnia and Herzegovina Botswana Brazil Português Bulgaria Български Burkina Faso Français Burundi Français Cabo Verde Português Cambodia ភាសាខ្មែរ Cameroon Français Canada Français Central African Republic Français Chad Français Chile Español China 中文 Colombia Español Comoros Français Democratic Republic of Congo Français Republic of Congo Français Costa Rica Español Cote d'Ivoire Français Croatia Czech Republic Denmark Djibouti Dominica Dominican Republic Español Ecuador Español Egypt عربي El Salvador Español Equatorial Guinea Eritrea Estonia Ethiopia Europe (Western) Fiji Finland France Français Gabon Français The Gambia Georgia Germany Ghana Greece Grenada Guatemala Español Guinea Français Guinea-Bissau Português Guyana Haiti Français Honduras Español Hungary Iceland India Hindi Indonesia Bahasa Iran Iraq عربي Israel Italy Jamaica Japan 日本語 Jordan عربي Kazakhstan Русский Kenya Kiribati Korea Kosovo Kuwait Kyrgyz Republic Русский Lao PDR Latvia Lebanon عربي Lesotho Liberia Libya عربي Lithuania Luxembourg Français FYR of Macedonia македонски Madagascar Français Malawi Malaysia Maldives Mali Français Marshall Islands Mauritania Français Mauritius Français Mexico Español FS Micronesia Moldova română Mongolia Монгол Montenegro Morocco عربي Français Mozambique Português Myanmar Namibia Nepal Netherlands Nicaragua Español Niger Français Nigeria Norway Oman Pakistan Palau Panama Español Papua New Guinea Paraguay Español Peru Español Philippines Poland Polski Portugal Qatar Romania Română Russia Русский Rwanda Français Samoa Sao Tome and Principe Português Senegal Français Serbia Seychelles Français Sierra Leone Singapore Slovak Republic Slovenia Solomon Islands Somalia South Africa South Sudan Spain Español Sri Lanka St. Kitts and Nevis St. Lucia St. Vincent and Grenadines Sudan Suriname Swaziland Sweden Switzerland Syria عربي Tajikistan Русский Tanzania Thailand ภาษาไทย Timor Leste (East Timor) Togo Français Tonga Trinidad and Tobago Tunisia عربي Français Turkey Türkçe Turkmenistan Русский Tuvalu Uganda Ukraine Yкраїнський United Arab Emirates United Kingdom United States of America Uruguay Español Uzbekistan Русский Vanuatu Venezuela Español Vietnam Tiẽng Việt West Bank and Gaza عربي Yemen عربي Zambia Zimbabwe Recent Searches Regions Africa East Asia and Pacific Europe and Central Asia Latin America and Caribbean Middle East and North Africa South Asia Country Groups European Union Middle Income Countries Organization of Eastern Caribbean States Pacific Islands Small States Gulf Cooperation Council Western Europe UNDERSTANDING POVERTY
We face big challenges to help the world’s poorest people and ensure that everyone sees benefits from economic growth. Data and research help us understand these challenges and set priorities, share knowledge of what works, and measure progress. Data & Research Open Data By Country By Indicator Research & Publications Development Topics Climate Change Poverty Education Urban Development Energy Trade Fragility, Conflict and Violence Health All Development Topics Search button WORK WITH US For Job Seekers JobsPrograms & Internships For Partners Partners Clients Private Sector Corporate Procurement Civil Society Consultations ParliamentariansFor Investors World Bank Bonds & Investment Products Treasury For Learners Open Learning Campus Meet Us Events World Bank Live Speaker's Bureau Spring & Annual Meetings Contacts & Inquiries global Search dropdown Search Search button 2020 Annual Meetings: Laying the Foundations for a Resilient Recovery
The Development Committee commended the World Bank Group and IMF for the speed and scale of their COVID-19 response, urging continued work with member countries, the public and private sectors, and other partners. Communiqué Arrow Plenary Speech Arrow Read Commodity Markets Outlook
While metal and agricultural commodities have recouped their losses from the COVID-19 pandemic, energy prices are expected to stabilize. Read Report Arrow Watch Replay 2020 Annual Meetings Virtual Events
Watch our events on debt, sustainable recovery, human capital, digital development and poverty, as well as interviews with world leaders. Watch Replays Arrow Explore Data 1 in 6 Children Lives in Extreme Poverty
356 million children globally lived in extreme poverty before the pandemic, and this is set to worsen significantly. Read Report Arrow Join Us Newsletter Our Mission The World Bank Group has two goals, to end extreme poverty and promote shared prosperity in a sustainable way Who we are Data We engage the development community with real-world statistics View More Data Arrow Commodity Price Recovery from the Pandemic Has Been UnevenCommodity Price Recovery from the Pandemic Has Been Uneven Nowcast of the Global Poverty Rate at the $1.90 Line, 2015–21Browse Data By Country By Indicator Commodity Price Recovery from the Pandemic Has Been Uneven
Almost all commodity prices recovered in the third quarter following steep declines earlier in the year due to the COVID-19 pandemic. Crude oil prices have doubled since their April low, supported by sharp oil supply cuts, but prices remain one-third lower than pre-pandemic. Metal prices recovered rapidly in response to a faster-than-expected pick up of China’s industrial activity. Some food prices have also risen. Looking ahead, oil prices are expected to increase gradually from current levels and average $44 per barrel in 2021, up from an estimated $41 per barrel this year, as a slow recovery in demand is matched by an easing in supply restraint. Metal and agricultural prices are projected to see modest gains in 2021. The main risk to price forecasts is the duration of the pandemic, including the risk of an intensifying second wave in the Northern Hemisphere. Explore Data
For almost 25 years, extreme poverty was steadily declining. Now, for the first time in a generation, the quest to end poverty has suffered its worst setback. This setback is largely due to major challenges — COVID 19, conflict, and climate change — facing all countries, but in particular those with large poor populations. The increase in extreme poverty from 2019 to 2020 is projected to be larger than any time since the World Bank started tracking poverty globally in a consistent manner. While COVID-19 is a new obstacle, conflicts and climate change have been increasing extreme poverty for years in parts of the world. Explore Data Results We support countries' poverty reduction strategies What We Do Arrow
Access the World Bank's portfolio of more than 12,000 development projects, including current and historical data since 1947. All Projects By Country By Sector By Theme Results from Projects and Operations Results That Change Lives
International Development Association (IDA)
Research We provide analysis and advice for developing countries View More Research and Publications Arrow
Access more than 200,000 publicly-available documents and reports. Browse Research and Publications Essential Reading Poverty and Shared Prosperity 2020: Reversals of Fortune World Bank Annual Report 2020 Global Productivity: Trends, Drivers, and Policies International Debt Statistics Topics Climate Change Energy Education Poverty Fragility, Conflict and Violence Urban Development Gender Health Financial Inclusion
We help developing countries find solutions to the toughest global and local development challenges—from adapting to climate change to boosting food security to increasing access to energy. Learn More FOR JOB SEEKERS Jobs Programs & Internships FOR INVESTORS World Bank Bonds & Investment Products Treasury FOR PRACTITIONERS AND LEARNERS Open Learning Campus FOR STUDENTS Youth MEET US Events World Bank Live Speakers Bureau Annual Meetings FOR PARTNERS Partners Clients Procurement for Projects and Programs Civil Society Corporate Procurement Consultations Parliamentarians About Data Research and Publications Learning News Projects and Operations Countries Topics FOLLOW US newsletter This Site in: English Español Français عربي Русский 中文 View All » Legal Privacy Notice Site Accessibility Access to Information Jobs Contact REPORT FRAUD OR CORRUPTION IBRD IDA IFC MIGA ICSID © The World Bank Group, All Rights Reserved.
