World Bank

The World Bank is an international financial institution that provides loans to developing countries for capital programs. The World Bank Group has set two goals for the world to achieve by 2030: end extreme poverty by decreasing the percentage of people living on less than $1.25 a day to no more than 3%; promote shared prosperity by fostering the income growth of the bottom 40% for every country. According to its Articles of Agreement all its decisions must be guided by a commitment to the promotion of foreign investment and international trade and to the facilitation of capital investment.

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    • June 2020
      Source: World Bank
      Uploaded by: Knoema
      Accessed On: 16 October, 2020
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      The Global Consumption Database is a one-stop source of data on household consumption patterns in developing countries. It is designed to serve a wide range of users—from researchers seeking data for analytical studies to businesses seeking a better understanding of the markets into which they are expanding or those they are already serving.   The data are based on national household surveys, which collect information for a group of households representative of the entire country. For each of the countries covered, the resulting datasets have been used to calculate the share of the population at different levels of consumption.   Four levels of consumption are used to segment the market in each country: lowest, low, middle, and higher. They are based on global income distribution data, which rank the global population by income per capita. The lowest consumption segment corresponds to the bottom half of the global distribution, or the 50th percentile and below; the low consumption segment to the 51th–75th percentiles; the middle consumption segment to the 76th–90th percentiles; and the higher consumption segment to the 91st percentile and above.   The Global Consumption Database is the most comprehensive data source to date on consumer spending patterns in developing countries. It builds on the 2007 report The Next 4 Billion, published by IFC (a member of the World Bank Group) and the World Resources Institute.
  • P
    • December 2023
      Source: World Bank
      Uploaded by: Knoema
      Accessed On: 21 December, 2023
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      Data cited at: The World Bank https://datacatalog.worldbank.org/ Topic: Population Estimates And Projections Publication: https://datacatalog.worldbank.org/dataset/population-estimates-and-projections License: http://creativecommons.org/licenses/by/4.0/   This database presents population and other demographic estimates and projections from 1960 to 2050. They are disaggregated by age-group and sex and covers more than 200 economies.
    • July 2021
      Source: World Bank
      Uploaded by: Knoema
      Accessed On: 16 July, 2021
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      Recommended Citation:  World Development Indicators, The World Bank World: Population Ranking