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Poverty and Shared Prosperity Report
Poverty and Prosperity Report 2022

COVID-19 Dealt a Historic Blow to Poverty Reduction

The 2022 Poverty and Prosperity Report provides the first comprehensive analysis of the pandemic’s toll on poverty in developing countries and of the role of fiscal policy in protecting vulnerable groups. It also finds that global progress in poverty reduction has ground to a halt and calls for an urgent course correction by policymakers.

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Food Security

Latest Food Security Update

Our newest update from Oct. 3 shows that domestic food price inflation remains high around the world. Furthermore, in September, average wheat prices were 20% higher, maize was 29% higher, and rice was 8% higher than one year prior. 

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Economic Updates

NEW: World Bank Regional Economic Updates

Find out more about the macro-economic trends in each region in our latest economic updates for Africa, East Asia and the Pacific (EAP), Europe and Central Asia (ECA), Latin America and the Caribbean (LAC), the Middle East and North Africa (MENA), and South Asia (SAR).

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The World Bank Group has two goals,

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

Given the short-term potency of methane, cost-effective interventions to reduce methane emissions should be an immediate priority for the sectors with the largest emissions. The agriculture, energy, sanitation and waste sectors are collectively responsible for 90-95% of global anthropogenic sources of methane.

The World Bank Group (WBG) has a long record of engagement on methane reduction across the key areas of agriculture, energy, and sanitation and waste. The table below provides examples of extensive WBG work in this area, including various types of project activities that will reduce methane emissions.

Methane Factsheet

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We provide analysis and advice for developing countries

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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.

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