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World Development Indicators (WDI) is the World Bank’s premier compilation of international statistics on global development.Drawing from officially recognized sources and including national, regional, and global estimates, the WDI provides access to approximately 1,600 indicators for 217 economies, with some time series extending back more than 50 years.
The World Bank is an international financial institution that provides loans and grants to the governments of low- and middle-income countries for the purpose of pursuing capital projects. [ 5] The World Bank is the collective name for the International Bank for Reconstruction and Development (IBRD) and International Development Association ...
Website. worldbank.org. The World Bank Group ( WBG) is a family of five international organizations that make leveraged loans to developing countries. It is the largest and best-known development bank in the world and an observer at the United Nations Development Group. [ 7] The bank is headquartered in Washington, D.C., in the United States.
The World Development Report ( WDR) is an annual report published since 1978 by the World Bank. Each WDR provides in-depth analysis of a specific aspect of economic development. Past reports have considered such topics as agriculture, youth, equity, public services delivery, the role of the state, transition economies, labour, infrastructure ...
A high-income economy is defined by the World Bank as a country with a gross national income per capita of US$14,005 or more in 2023, calculated using the Atlas method. [ 1] While the term "high-income" is often used interchangeably with "First World" and " developed country ," the technical definitions of these terms differ.
The data has been collected by the World Bank's International Comparison Program since the 1970s and has been available for almost all World Bank member states and some other areas since 1990. The Global price level, as reported by the World Bank, is a way to compare the cost of living between different countries.
Based on a long-standing research program of the World Bank, the Worldwide Governance Indicators capture six key dimensions of governance (Voice & Accountability, Political Stability and Lack of Violence, Government Effectiveness, Regulatory Quality, Rule of Law, and Control of Corruption) between 1996 and present.
Data are in millions of international dollars; they were compiled by the World Bank. The third table is a tabulation of the CIA World Factbook GDP (PPP) data update of 2019. The data for GDP at purchasing power parity has also been rebased using the new International Comparison Program price surveys and extrapolated to 2007.