WASHINGTON, June 11, 2026—The conflict in the Middle East is expected to slow global growth to the lowest rate since the onset of the COVID-19 pandemic amid higher energy prices, steeper inflation, ...

The World Bank updated the global poverty lines in September 2022. The decision, announced in May, follows the release in 2020 of new purchasing power parities (PPPs)—the main data used to convert ...

The global economy has stabilized, but developing economies still face a tougher slog ahead. As countries work to promote growth and drive sustainable development, one key piece to success is ...

The National Money Laundering/Terrorist Financing Risk Assessment (NRA) Toolkit has been developed by World Bank Group (WBG) staff members to support WBG client countries and jurisdictions in ...

Account ownership is the fundamental measure of financial inclusion and the gateway to using financial services in a way that facilitates development. Owners of formal accounts—whether those accounts ...

Over the past eight years, the Global Water Security and Sanitation Partnership (GWSP) has built a robust framework for advancing water management through extensive knowledge development, data, and ...

The Climate-Smart Mining (CSM) Initiative provides advice, analytics, and capacity building to resource-rich developing countries that will support them to decarbonize and reduce the material ...

Reliable electricity is essential for jobs, growth, and development. Nuclear energy can play a role in delivering stable, low-carbon power at scale. The World Bank Group supports countries in building ...

The economy is set to gain momentum in 2025, driven by stronger domestic demand and fiscal stimulus measures. Growth is projected to accelerate to 2.9 percent in 2025 up from 2.6 percent in 2024.

Algeria is diversifying its economy, tripling non-hydrocarbon exports since 2017 to $5.1 billion in 2023, thus reducing its reliance on oil and gas. Strategic reforms, including the Algerian Port ...

Meerim Nurdin Kyzy proudly shows off the tap in her front yard, which now provides clean, safe water for her family. With 5 children of her own and two stepchildren, aged 14 years to 6 months, Meerim ...

The Spring 2025 World Bank Economic Update highlights Algeria’s robust economic growth and decreasing inflation in 2024, while emphasizing the need to boost productivity in key sectors to achieve more ...