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4 days ago · Key Questions on Somalia. On December 13, 2023, the Executive Boards of the International Monetary Fund (IMF) and the World Bank's International Development Association (IDA) approved Somalia’s Completion Point under the enhanced Heavily Indebted Poor Countries (HIPC) Initiative.
5 days ago · Shane Romig. sromig@worldbank.org. The latest International Comparison Program (ICP) data show the size of the global economy in PPP terms in 2021 was $152 trillion. Middle-income countries accounted for more than half of the total. High-income economies accounted for slightly less than half.
2 days ago · Yemen is both the poorest country and the most water-scarce country in the Arab world. Third, the capacity of sector institutions to plan, build, operate and maintain infrastructure remains limited.
5 days ago · The World Factbook provides basic intelligence on the history, people, government, economy, energy, geography, environment, communications, transportation, military ...
4 days ago · The poorest countries in Africa include Burundi, Somalia, Mozambique, Madagascar, Sierra Leone, and the Central African Republic. These countries face economic challenges that hinder their development and contribute to their status as the poorest countries in Africa.
5 days ago · The median income was rising by 2.2% on average for the last five years before the pandemic. However, in 2022, incomes for the poorest 14 million people fell by 7.5%, whilst incomes for the richest fifth saw a 7.8% increase. 1
5 days ago · Out of the 32 landlocked developing countries (LLDCs) in the world, 17 of them are considered some of the poorest countries on the planet. These nations face significant challenges due to their geographic isolation and limited access to global markets. What percentage of countries are landlocked?
