In 2016, 50.9 percent of Liberia's population lived below the national poverty line. Since 2022, poverty has begun to decline but is expected to remain above pre-COVID-19 levels until 2026. The recovery...
Type: BriefReport#: 200677Date: April 30, 2025Author:
World Bank
North Macedonia has made considerable gains in poverty reduction since the 2008 global financial crisis. However, post-pandemic poverty reduction has been constrained by decelerating growth and the erosion...
Type: BriefReport#: 200687Date: April 30, 2025Author:
World Bank
The coal mining and energy sectors have played a crucial role in the economic stability of Bosnia and Herzegovina (BiH) over the past decade, however coal-fired power generation has become increasingly...
Type: Working PaperReport#: 201261Date: April 30, 2025Author:
Marguerie, Alicia C. ;
Ruppert Bulmer, Elizabeth N. ;
Von Lenthe, Cornelius Claus ;
Suzuki, Kaori ;
Monchuk, Victoria
In 2018, the year of the latest survey, approximately 16.5 million Angolans, or 52.9 percent of the population, lived on less than $3.65 per day (in 2017 PPP terms), which is the international poverty...
Type: BriefReport#: 200619Date: April 30, 2025Author:
World Bank
Fueled by its hydropower sector, Bhutan has achieved robust economic growth over the past decade, contributing to its poverty reduction. However, progress remains uneven and vulnerable to economic and...
Type: BriefReport#: 200633Date: April 30, 2025Author:
World Bank
Energy shortages from climatic shocks and ongoing crime led to Ecuador's 2.5 percent economic contraction in 2024. Despite these economic shocks, multidimensional poverty remained relatively stable. However,...
Type: BriefReport#: 200649Date: April 30, 2025Author:
World Bank
In 2025, increasing labor incomes and decreasing inflationary pressure are expected to reduce the extreme poverty rate to 15.9 percent, based on the international poverty line of $2.15 per person per day...
Type: BriefReport#: 200658Date: April 30, 2025Author:
World Bank
In 2024, poverty in the Maldives is estimated to be at 2.2 percent, thanks to strong tourism-led economic growth and a generous redistribution system that has contributed to poverty reduction, economic...
Type: BriefReport#: 200684Date: April 30, 2025Author:
World Bank
Driven by strong mining output, robust services growth, and increased domestic demand fueled by rising wages and public spending, economic growth continues to be strong post-COVID-19. This robust growth...
Type: BriefReport#: 200691Date: April 30, 2025Author:
World Bank
The latest poverty estimate, based on the 2017 Household Budget Survey (IOF), shows that 55.5 percent of the population in São Tomé and Príncipe lives below the national poverty line. While growth is projected...
Type: BriefReport#: 200737Date: April 30, 2025Author:
World Bank
From 2006 to 2014, Tanzania experienced balanced economic growth driven by capital accumulation, labor accumulation, and Total Factor Productivity (TFP). Looking ahead, absolute poverty is projected to...
Type: BriefReport#: 200751Date: April 30, 2025Author:
World Bank
In 2022, 64.2 percent of Zambia's population, approximately 13 million individuals, were living on less than US$2.15 a day (2017 PPP), while the Gini Index stood at 51.8. These figures place Zambia among...
Type: BriefReport#: 200762Date: April 30, 2025Author:
World Bank
Welcome to the April 2025 edition of the Skills4Dev Knowledge Digest! This issue explores how Results-Based Financing (RBF) is reshaping Technical and Vocational Education and Training (TVET) by linkingfunding...
Type: NewsletterReport#: 201152Date: April 30, 2025Author:
Angel-Urdinola, Diego ;
Guedira, Fatine
This note presents the context and objectives of the Yokk Koom Koom program, an innovative approach aimed at promoting economic inclusion and strengthening the resilience of vulnerable populations in Senegal,...
Type: BriefReport#: 201898Date: April 30, 2025Author:
Brunelin, Stephanie ;
Larcher, Elisa Celia Alix Valerie ;
Le Teuff, line ;
Santamaria Ruiz, Claudia
This document collection explores the multifaceted relationship between tax policy and economic activity. It examines the impact of reduced Value Added Tax (VAT) rates on economic performance, analyzing...
Type: ReportReport#: 201830Date: April 30, 2025Author:
Tortarolo, Dario ;
Celiku, Bledi ;
Cusato Novelli, Antonio ;
Rovo, Natasha
Over the past two decades, Armenia's economy has undergone significant transformation marked by periods of rapid growth, external shocks, and resilience. From 2000 to 2008, Armenia transformed into one...
Despite a stabilizing economy and easing inflation, Pakistan's 2.6 percent economic growth remains insufficient to reduce poverty. External remittances surged by 33 percent in H1 FY25, but the impact on...
Type: BriefReport#: 200720Date: April 30, 2025Author:
World Bank
As of 2023, 17.5 million Filipinos, or 15.5 percent of the population, lived in poverty according to official estimates. Building resilience continues to be a crucial priority for the Philippines. As an...
Type: BriefReport#: 200722Date: April 30, 2025Author:
World Bank
In 2025, rising economic activity and decreasing inflationary pressure are expected to reduce poverty in Senegal. Although industrial growth has been driven by increased hydrocarbon production, only a...
Type: BriefReport#: 200730Date: April 30, 2025Author:
World Bank
In 2022, the last year with available household survey data, 17.5 percent of the Surinamese population lived below the World Bank’s upper middle-income line of $6.85 (2017 PPP). Future offshore oil revenues...
Type: BriefReport#: 200738Date: April 30, 2025Author:
World Bank
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