Droughts, floods, hurricanes, and other disasters displaced over 24 million people in 2016. This is crucial, as land and homes are usually the main assets that people have.
Land and geospatial information tells the what, who, where, how much, and other key attributes of a property. Without this information, it is almost impossible for cities and communities to develop proper disaster response or preparedness plans.
– by providing accessible and instant data on disaster impact, the value of losses, the beneficiaries, as well as the levels of appropriate compensation and required investment to restore activities.
The World Development Indicators (WDI) is the World Bank’s premier compilation of international statistics on global development. Drawing from officially recognized sources and including national, regional, and global estimates, the WDI provides access to almost 1,600 indicators for 217 economies, with some time series extending back more than 50 years. The database helps users—analysts, policymakers, academics, and all those curious about the state of the world—to find information related to all aspects of development, both current and historical.
An annual World Development Indicators report was available in print or PDF format until last year. This year, we introduce the World Development Indicators website: a new discovery tool and storytelling platform for our data which takes users behind the scenes with information about data coverage, curation, and methodologies. The goal is to provide a useful, easily accessible guide to the database and make it easy for users to discover what type of indicators are available, how they’re collected, and how they can be visualized to analyze development trends.
So, what can you do on the new World Development Indicators website?
1. Explore available indicators by theme
The indicators in the WDI are organized according to six thematic areas: Poverty and Inequality, People, Environment, Economy, States and Markets, and Global Links. Each thematic page provides an overview of the type of data available, a list of featured indicators, and information about widely used methodologies and current data challenges.
- open data
- world development indicators
- Urban Development
- Social Development
- Public Sector and Governance
- Private Sector Development
- Migration and Remittances
- Law and Regulation
- Labor and Social Protection
- Information and Communication Technologies
- Global Economy
- Financial Sector
- Climate Change
- Agriculture and Rural Development
- South Asia
- Middle East and North Africa
- Latin America & Caribbean
- Europe and Central Asia
- East Asia and Pacific
- The World Region
Last week we had World Food Day on October 16 and World Poverty Day on October 17. The good news from World Poverty Day is that there is global progress on reducing extreme poverty. Based on the latest available data, it is estimated that in 2015 there were 736 million people living on less than US$1.90/day, which compares very favorably to the 1,895 million people living in extreme poverty in 1990. And while the world’s population grew from 5.3 billion in 1990 to 7.4 billion in 2015, the poverty rate fell from 36 percent to 10 percent or 1 percentage point per year on average over this period.
For many countries, however, the impact of disasters can be much more devastating. An effective strategy to managing climate and disaster shocks calls for resilience, risk financing instruments and institutional capacity that empowers early response and gives teeth to recovery and reconstruction plans.
A massive storm system brought historic flooding across South Eastern Europe in 2014, causing more than $2 billion in damages in Bosnia and Herzegovina and shrinking Serbia’s economy by nearly a full percent. Two years later, in August 2016, thunderstorms in the Former Yugoslav Republic (FYR) of Macedonia dropped 93 liters of precipitation per square meter in just a few hours, sparking flash floods in the capital, Skopje, that killed at least 21 people.
In both cases, some of these impacts could have been reduced by improving cross-border monitoring and forecasting while strengthening early warning services at a national level. Fortunately, governments are now working together to improve information exchanges across boundaries and strengthening regional early warning systems through the South-East European Multi-Hazard Early Warning Advisory System.
For a family, having a place to call home is everything. Housing tends to be a family’s most important asset – often, in fact, their only asset, especially for the poor. But more than a home, housing is also the workplace, collateral for loans and an important vehicle for job creation. In the U.S., housing contributes more than 15% of the GDP.
The dream of housing, however, can quickly turn into a nightmare – for both families and for governments. Disasters can erase decades of progress in reform and poverty reduction in a matter of seconds, hurting the poor and vulnerable the most. A review of the World Bank’s Post-Disaster Needs Assessments (PDNAs) since 2000 shows that housing comprises 40%-90% of damages to private property.
With all the other hazards facing Africa, it’s easy to forget that East Africa is home to the 6000-km long Rift Valley System—the largest continental seismic rift system on earth. The sub-region covers 5.5 million km2 and is inhabited by about 120 million people.
The Rift Valley is not subject to the high-magnitude earthquakes that we see along subduction zones, such as those in the Ring of Fire—the area in the basin of the Pacific Ocean known for its many earthquakes and volcanic eruptions—which can produce catastrophic consequences, as we’ve just seen in Indonesia. In the Rift Valley, residents have not experienced a high-magnitude earthquake in their lifetime, leading many people to deduce that the seismic risk is low or non-existent.
The IMF/World Bank Group Annual Meetings is an event you won't want to miss. Join us for a week of seminars, regional briefings, press conferences, and many other events focused on the global economy, international development, and the world's financial system. This year's events will take place in Nusa Dua, Bali, Indonesia, October 8-14, 2018.
Find out why the World Bank, countries, and partners are coming together to try to close the massive human capital gap in the world today.
The World Bank Group, the International Monetary Fund, and the Government of Indonesia are also co-sponsoring a first-ever technology fair to bring innovation to the heart of the Annual Meetings.
This three-day “showcase” will feature 28+ innovators – companies from around the world – who will demonstrate the powerful role that technology can play in spurring development, strengthening financial development and inclusion, and improving health and education outcomes. The 2018 Innovation Showcase will run from October 11-13 in the Bali International Convention Center.
So, We've got you covered on Facebook, Twitter and Instagram!
The 2016 monsoon was much heavier than usual affecting almost all of Bhutan, especially in the south.
Landslides damaged most of the country’s major highways and smaller roads. Bridges were washed away, isolating communities.
The Phuentsholing -Thimphu highway which carries food and fuel from India to half of Bhutan was hit in several locations, and the Kamji bridge partially collapsed, setting residents of the capital city and nearby districts into panic for fear of food and fuel shortages.
Overall the floods drove down Bhutan’s gross domestic product by 0.36 percent.
At the United Nations General Assembly this week, the UN and the World Bank, together with the International Committee of the Red Cross (ICRC) launched the Famine Action Mechanism (FAM), the first global partnership dedicated to preventing famine. With support from the world’s leading tech companies, the FAM aims to use data and state-of-the-art technology to pair decision-makers with better, earlier famine warnings and pre-arranged financing.