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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 approximately 1,600 indicators for 217 economies, with some time series extending back more than 50 years.
Development economist Branko Milanović (writing for the World Bank), [3] development economist Morten Jerven, [5] [6] and billionaire philanthropist Bill Gates [7] have identified the Maddison Project, the Penn World Tables, and World Bank/IMF data (the World Development Indicators), as the three main sources of worldwide economic statistics such as GDP data, with the focus of the Maddison ...
The World Development Report (WDR) is an annual report published since 1978 by the World Bank. Each WDR provides in-depth analysis of a specific aspect of economic development . Past reports have considered such topics as agriculture, youth, equity, public services delivery, the role of the state, transition economies , labour, infrastructure ...
The platform also features up-to-date trade data at Subnational Geography, Continents, Countries, Provinces, Ports of Entry, and departments levels for numerous countries. This data, sourced from national agencies responsible for customs data collection, is available for over 25 countries, which collectively represent 85% of global trade.
The World Bank aspires to impact development by promoting open data and subsequently transparency, accountability, and democracy as the private sector is emphasized for its role. [12] Its compiled database, the World Development Indicators, contains 18 topics containing hundreds of statistics. [13]
Compared to other databases, such as the World Bank's World Development Indicators, the time period covered is larger and there is more data that is useful for comparing productivity across countries and over time. A common practice for comparing GDPs across countries has been to use exchange rates.
The World Bank has regularly failed to live up to its own policies for protecting people harmed by projects it finances. The World Bank and its private-sector lending arm, the International Finance Corp., have financed governments and companies accused of human rights violations such as rape, murder and torture.
For instance, the Irish GDP data above is subject to material distortion by the tax planning activities of foreign multinationals in Ireland. To address this, in 2017 the Central Bank of Ireland created "modified GNI" (or GNI*) as a more appropriate statistic, and the OECD and IMF have adopted it for Ireland. 2015 Irish GDP is 143% of 2015 ...