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Bookmark or Share- 2023 International Debt Report - World Bank GroupAmid the biggest surge in global interest rates in four decades, developing countries spent a record $443.5 billion to service their external public and publicly guaranteed debt in 2022, the World Bank’s latest International Debt Report shows. The increase in costs shifted scarce resources away from critical needs such as health, education, and the environment. Debt-service payments—which ...
- Poverty Overview: Development news, research, data | World BankThree-quarters of all people in extreme poverty live in Sub-Saharan Africa or in fragile and conflict-affected countries. 44 percent of the global population – around 3.5 billion people – live today on less than $6.85 per day, the poverty line relevant for upper-middle-income countries.
- Year in Review: 2019 in 14 Charts - World Bank GroupNew data show that 53% of all children in low- and middle-income countries and 89% of children in poor countries suffer from learning poverty. At the current rate of progress on literacy, 43% of children in low- and middle-income countries will still be learning poor by 2030.
- Poverty : Development news, research, data | World BankAlmost 700 million people – 8.5 percent of the global population – live today on less than $2.15 per day, the extreme poverty line for low-income countries. Around 3.5 billion people – 44 percent of the global population – live on less than $6.85 per day, the poverty line more relevant for upper-middle-income countries.
- Trade has been a powerful driver of economic development and poverty ...From 1990 to 2017, developing countries increased their share of global exports from 16 percent to 30 percent; in the same period, the global poverty rate fell from 36 percent to 9 percent. Not all countries have benefited equally, but overall, trade has generated unprecedented prosperity, helping to lift some 1 billion people out of poverty in ...
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