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 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 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 ...
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 ...
TOKYO, June 1, 2026 — World Bank Group President Ajay Banga and Minister of Finance of Japan Satsuki Katayama today agreed to strengthen collaboration on helping developing countries build more ...
The Heads of the International Energy Agency, International Monetary Fund, World Bank Group and World Trade Organization met on May 28 as part of the high-level coordination group established in April ...
NEW DELHI, October 3, 2023—India continues to show resilience against the backdrop of a challenging global environment, according to World Bank’s latest India Development Update (IDU). The IDU, the ...
WASHINGTON, April 8, 2026—Sub-Saharan Africa’s economic recovery from a decade of global shocks is showing signs of stalling, with growth projections for 2026 revised downward by 0.3 percentage points ...
BEIRUT, January 22, 2026 – Lebanon’s economy registered in 2025 positive growth signaling the start of a modest recovery following years of severe contraction. According to the latest World Bank ...
Macroeconomic conditions have improved in 2025, with a more stable exchange rate and easing inflation. Growth is projected at 4.2% over the year, driven by tourism, transport, and steady expansion in ...
NAIROBI, November 24, 2025 — Kenya’s economy is projected to grow by an average 4.9% between 2025 and 2027, an increase from previous estimate. However, fiscal pressures are intensifying, with the ...
The World Bank’s Digital Progress and Trends Report 2025: Strengthening AI Foundations shows that AI is gaining momentum in developing countries and driving opportunities for growth, but progress ...