Defying Predictions, Remittance Flows Remain Strong During COVID-19 Crisis

Officially recorded remittance flows to low- and middle-income countries reached $540 billion in 2020, just 1.6 percent below the 2019 total of $548 billion, according to the latest Migration and Development Brief.

World Bank Group Climate Change Action Plan 2021-25: Highlights

The highlights of our forthcoming Climate Change Action Plan show how we will help countries fully integrate climate and development to deliver on our twin goals of reducing poverty and boosting shared prosperity.

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Global Gas Flaring Report

Seven Countries Account for Two-Thirds of Global Gas Flaring

According to the World Bank’s 2020 Global Gas Flaring Tracker, from 2019 to 2020, oil production declined by 8 percent, while gas flaring dropped by 5 percent. Gas flaring satellite data from 2020 reveals that Russia, Iraq, Iran, the United States, Algeria, Venezuela and Nigeria remain the top seven gas flaring countries for nine years running.

Climate Change

Deploying Digital Tools to Withstand Climate Change in Low-Income Countries

Mapping, micro-tasking and visualizing tools are critical to reduce the impact of climate change in the world’s poorest countries.

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to end extreme poverty and promote shared prosperity in a sustainable way

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Data

We engage the development community with real-world statistics

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Assessing Country Readiness for COVID-19 Vaccines

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The global COVID-19 vaccination campaign will be the largest in history. The delivery of COVID-19 vaccines presents challenges unprecedented in scale, speed and specificities, especially in low- and middle-income countries. In November 2020, anticipating the availability of safe and effective vaccines for COVID-19, the World Bank together with WHO, UNICEF, the Global Fund, and Gavi rolled out readiness assessments in more than 100 low and middle-income countries. Read More

Data flows not only support trade in goods, making production and distribution more effective and less costly, but such flows are in fact the vehicle for trading digital services across borders. As trade in global digital services has increased dramatically in recent years, so have global data flows. The World Development Report 2021, Data for Better Lives finds that a combination of well-defined domestic personal data protection measures with relative ease of cross-border movements appears to offer the most favorable environment for international trade in data-enabled services.

Despite the COVID-19 pandemic, 27 economies in all regions and income groups enacted reforms to remove obstacles to women’s economic inclusion across all areas and increased good practices in legislation in 45 cases, according to the Women, Business and the Law 2021. The greatest number of reforms introduced or amended laws affecting pay and parenthood. Read more.

The COVID-19-related global recession and economic policy response have triggered a surge in debt levels in emerging market and developing economies (EMDEs). Coming on top of a surge in global debt since 2010, this creates new risks. Read More.

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Access the World Bank's portfolio of more than 12,000 development projects, including current and historical data since 1947.

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We provide analysis and advice for developing countries

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Access more than 200,000 publicly-available documents and reports.

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Essential Reading

Global Economic Prospects 2021

Poverty and Shared Prosperity 2020: Reversals of Fortune

World Bank Annual Report 2020

Women, Business and the Law 2021

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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.