How is the pandemic affecting remittances to fragile and conflict affected settings?

Migrants and refugees are among the vulnerable populations that are hardest hit by the 20201118-fcv-blog-1140x500COVID-19 pandemic. But it’s not just them – the crisis is also impacting their families back in their home countries who depend on the money they send to make ends meet. Especially for households in countries affected by fragility and conflict (FCS) who are more likely to be extremely deprived, these remittances are economic lifelines. Over 50 million international migrants and refugees come from FCS. 

Continue reading

The World Bank Group Mounts the Fastest and Largest Health Crisis Response in its History to Save Lives from COVID-19

It’s seven o’clock in the morning in Conakry, the capital of Guinea. Dr. Haba Eveline arrives at guineathe COVID-19 Treatment Center. As soon as she enters, she washes her hands before starting her daily shift. A mother of five, she leads the Risk Management Unit which is now open 24/7.

She is one of the frontline health workers helping her country fight the COVID-19 (coronavirus) pandemic. “As a doctor, I am a fighter and I am proud to bring my experience to the response against this pandemic,” she said.

Continue reading

Impact of COVID-19 on households: What do phone surveys tell us?

As COVID-19 (coronavirus) has spread across the world, the World Bank has projected TCard COVID statextreme poverty to increase for the first time since the Asian crisis in 1998, putting at risk the global goal of reducing extreme poverty to 3% of the world’s population by 2030. The duration and scale of impacts are highly uncertain and expected to vary widely within and across countries and over time, which makes it really important to closely monitor the impacts of the crisis on households and firms for designing policy responses. The World Bank’s high-frequency monitoring phone surveys, which are going on in nearly 100 countries, have sought to fill the information gap that traditional in-person surveys are ill-suited to fill during a pandemic. They are a window into how the pandemic is affecting every aspect of the lives of almost every household in the developing world. A similar initiative of Business Pulse Surveys adds to this picture by tracking the pandemic’s impacts on firms in 51 countries.

Continue reading

Atlas of Sustainable Development Goals2020 From World Development Indicators

The Atlas of Sustainable Development Goals 2020 presents interactive storytelling and data 2020-11-16_10-10-41visualizations about the 17 Sustainable Development Goals. It highlights trends for selected targets within each goal and introduces concepts about how some SDGs are measured. Where data is available, it also highlights the emerging impact of the COVID-19 pandemic on the SDGs.

The Atlas draws from the World Bank’s World Development Indicators database, as well as from a wide variety of relevant data sources from scientists and other researchers worldwide.

We hope readers will find this third edition in the Atlas series engaging and informative, and will be inspired to discover, understand and visualize progress towards achieving the SDGs.

Tell us what you think on Twitter or at data@worldbank.org.

Doing Business Report: New Record Set as 314 Reforms Introduced to Improve Business Climate Around the World

WASHINGTON, October 31, 2018 – Governments around the world set a new record in Doing Business 2019bureaucracy busting efforts for the domestic private sector, implementing 314 business reforms over the past year, says the World Bank Group’s Doing Business 2019: Training for Reform report, released today.

The reforms, carried out in 128 economies, benefit small and medium enterprises as well as entrepreneurs, enabling job creation and stimulating private investment. This year’s reforms surpass the previous all-time high of 290 reforms two years ago.

Continue reading

Introducing the online guide to the World Development Indicators: A new way to discover data on development

The World Development Indicators (WDI) is the World Bank’s premier compilation of international statistics on global development. Drawing from officially recognized sources and including national, regional, and global estimates, the WDI provides access to almost 1,600 indicators for 217 economies, with some time series extending back more than 50 years. The database helps users—analysts, policymakers, academics, and all those curious about the state of the world—to find information related to all aspects of development, both current and historical.

Continue reading

Q1 2018 update of World Development Indicators available

World Bank buildingThe World Development Indicators database has been updated. This is a regular quarterly update to 1,600 indicators and includes both new indicators and updates to existing indicators.

This release features updates for national accounts, balance of payments, demography, health, labor market, poverty and shared prosperity, remittances, and tourism series. New estimates are also available for electricity-related indicators from the Global Tracking Framework, adjusted net savings, law and regulation towards gender equality from Women, Business and the Law, ownership of financial accounts from the Global Findex, mobile and internet, and education series.

Continue reading