External debt of developing countries jumped 5.5% to a record $9.4 trillion in 2025, the fastest pace since 2021 and about four times the 2022–24 average, according to the World Bank Group’s ...

A number of the World Bank Group’s clients in emerging markets have reached out to us as the conflict in the Middle East has started to impact commodity prices and logistics. We are working with ...

The HIPC and related Multilateral Debt Relief Initiative (MDRI) programs have relieved 37 participating countries of more than $100 billion in debt. To date, 37 countries — 31 of them in Africa — have ...

More adults than ever in low- and middle-income countries now have bank or other financial accounts, leading to a rise in formal saving, according to the World Bank Group’s Global Findex 2025 report.

– Rwanda's real GDP grew by 8.9% in 2024, surpassing the previous year's growth rate of 8.2%. The latest edition of the Rwanda Economic Update (REU), launched today by the World Bank, highlights that ...

Washington, DC – April 16, 2026: Guided by the outcome of the International Monetary Fund’s (IMF) polling process, the World Bank Group today announced that it is resuming dealings with the Government ...

The war in Ukraine has dealt a major setback to commodity markets, altering global patterns of trade, production, and consumption in ways that will keep prices unusually high through the end of 2024, ...

The World Bank says Laos is emerging from an economic slowdown, and further reforms in business, finance and infrastructure would help sustain progress ...

Sri Lanka’s economy is projected to see moderate growth of 2.2% in 2024, showing signs of stabilization, following the severe economic downturn of 2022. But, the country still faces elevated poverty ...

About The World Bank The World Bank Group has a bold vision: to create a world free of poverty on a livable planet. In more than 100 countries, the World Bank Group provides financing, advice, and ...

A new World Bank Group study examines the unique economic challenge of South Africa’s townships with a special focus on Diepsloot, using innovative approaches and data from new surveys especially ...

WASHINGTON, March 26, 2024 — The World Bank today released the following statement on Zambia: “The World Bank welcomes the agreement between the Government of the Republic of Zambia and bondholders on ...