WASHINGTON, January 9, 2017—The inequalities that make some countries poorer than others include inequalities of information. To make sound decisions on economic development, policymakers need reliable and—just as important—readily accessible data. That is the concept underlying a new World Bank Group platform called TCdata360, an open platform for trade and competitiveness data from inside and outside the World Bank Group.
TCdata360 combines vetted datasets from more than 20 organizations—including the Bank Group, United Nations, World Trade Organization, World Economic Forum, and Organization for Economic Cooperation and Development—in an interactive, easy-to-use platform. Busy policymakers, development practitioners, academics, and industry specialists can use the site to access, compare, and download timely data on some 2,000 indicators related to a wide variety of trade and competitiveness topics such as trade logistics, global value chains, investment climate, entrepreneurship, and the cost of business operations.