Global growth is expected to hold at an annual rate of 2.7 percent for the next two years, the same as in 2024, the bank’s ...
The World Bank’s Poverty and Shared Prosperity series provides the latest estimates and trends in global poverty and shared prosperity. The 2022 edition provides the first comprehensive look at the ...
Today, almost 700 million people (8.5 percent of the global population) live in extreme poverty - on less than $2.15 per day. Progress has stalled amid low growth, setbacks due to COVID-19, and ...
Oxfam predicted in its new report that the world was on track to see at least five trillionaires within a decade.
The world economy is growing steadily in the face of global conflict, protectionist trade policies and high interest rates.
Poverty affects people around the world. Entire nations are rarely poor but people within nations are. A rich country such as the UK has many people living poverty. A country we tend to think of ...
EDITORIAL: The World Bank in its report titled Poverty Projections for Pakistan noted a 25.3 percent poverty rate in 2024, up by 7 percentage points from 2023 pushing an additional 13 million ...