China Economic Update – December 2021 - World Bank Group
WEBChina’s economy is projected to slow in 2022. After a strong rebound in the first half of 2021, economic activity in China cooled rapidly in the second half of this year. We project real GDP growth to reach 8.0 percent this year, before moderating to 5.1 percent in 2022, says the latest China Economic Update.
Food Security | Rising Food Insecurity - World Bank Group
WEB6 days ago — The Global Report on Food Crises 2024 Mid-Year Update highlights alarming trends in acute food insecurity and malnutrition, following high levels in 2023. The number of people projected to be in Catastrophe (Integrated Food Security Phase Classification (IPC) Phase 5) has surged, increasing from 705,000 in 2023 to 1.9 million in 2024.
A Global Database of Inflation - World Bank Group
WEBThe World Bank’s Prospects Group has constructed a global database of inflation. The database covers up to 209 countries over the period 1970-2023, and includes six measures of inflation in three frequencies (annual, quarterly, and monthly): Headline consumer price index (CPI) inflation. Food CPI inflation.
World Development Report 2020 Chapters and Data - World Bank …
WEBWith 189 member countries, staff from more than 170 countries, and offices in over 130 locations, the World Bank Group is a unique global partnership: five institutions working for sustainable solutions that reduce poverty and build shared prosperity in …
China Overview: Development news, research, data | World Bank
WEBChina is now an upper-middle-income country. Although China has eradicated extreme poverty in 2020, an estimated 17.2 percent of the population lived on less than $6.85 a day (in 2017 PPP terms), the World Bank’s Upper-Middle-Income Country (UMIC) poverty line, in 2023. China’s strong growth has been based on investment and export-oriented ...
Fact Sheet: An Adjustment to Global Poverty Lines - World Bank …
WEBMay 2, 2022 — Fact Sheet: An Adjustment to Global Poverty Lines. 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 different currencies into a common, comparable unit …
World Bank Global Economic Prospects
WEBJun 8, 2021 — David Young. (202) 473-4691. [email protected]. The World Bank Global Economic Prospects Report shows that the global economy is expected to expand 5.6% in 2021, the fastest post-recession pace in 80 years. However, many emerging market and developing economies continue to struggle …
KEY FINDINGS Overcoming Poverty and Inequality in the …
WEBNov 24, 2022 — In the past three decades, the Philippines has made remarkable progress in reducing poverty. Driven by high growth rates and structural transformation, the poverty rate fell by two-thirds, from 49.2 percent in 1985 to 16.7 percent in 2018. By 2018, the middle class had expanded to nearly 12 million people and the economically secure population had risen to 44 million. This report is intended ...
Poverty : Development news, research, data | World Bank
WEBAround 700 million people live today in extreme poverty – they subsist on less than $2.15 per day, the extreme poverty line. After several decades of continuous global poverty reduction, a period of significant crises and shocks resulted in three years of lost progress between 2020-2022. Low-income countries, which saw poverty increase during ...
Nearly 2.4 Billion Women Globally Don’t Have Same Economic …
WEBMar 1, 2022 — Around 2.4 billion women of working age are not afforded equal economic opportunity and 178 countries maintain legal barriers that prevent their full economic participation, according to the World Bank’s Women, Business and the Law 2022 report. In 86 countries, women face some form of job restriction and 95 countries do not guarantee equal pay for equal work.