READ

External borrowing by low- and middle-income economies surged to highest level in four years, according to the International Debt Statistics 2019.

http://blogs.worldbank.org/opendata/international-debt-statistics-2019-external-debt-stocks-end-2017-stood-over-7-trillion
A bulldozer works in a port terminal construction in Africa. © A.Mayo/Shutterstock
READ

At the World Bank, we are developing new initiatives, tools and partnerships to address the challenges of fragility, conflict and violence.

http://blogs.worldbank.org/voices/paris-peace-forum-preventing-conflict-2018-100-years-after-armistice
UNHCR helps hundreds of refugees cross the border near Nadapal, Kenya as they flow in from South Sudan. © Dominic Chavez/International Finance Corporation
READ

Resilient housing joins the machine learning revolution to help us learn more about post disaster damage and needs assessments.

https://medium.com/world-of-opportunity/resilient-housing-joins-the-machine-learning-revolution-12c9ed6883fc
In Bogota, Colombia, street-view images were taken frequently enough for the construction of a 3D model built. The smaller boxes represent where the camera was in space. © Sarah Elizabeth Antos/World Bank
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

The total external debt of low- and middle-income countries rose 10 percent in 2017 to $7.1 trillion, a faster pace of debt accumulation than the 4 percent increase in 2016, according to the International Debt Statistics 2019. Regional level trends in external debt in 2017 accumulation varied. Countries in sub-Saharan Africa accumulated external debt at a faster pace than low- and middle-income countries in other regions in 2017: the combined external debt stock rose 15.5 percent from the previous year to $535 billion.

 

Much of this increase was driven by a sharp rise in borrowing by two of the region's largest economies, Nigeria and South Africa, where the external debt stock rose 29 percent and 21 percent respectively. Read More.

 

 

Results

We support countries' poverty reduction strategies

What We Do Arrow

Research

We provide analysis and advice for developing countries

View More Research and Publications Arrow

Image

Topics

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