World Bank Open Data (2024)

The demand for good-quality statistical data continues to increase. Timely andreliable statistics are key inputs to the broad development strategy.Improvements in the quality and quantity of data on all aspects of developmentare essential if we are to achieve the goal of a world without poverty.

Good data are needed to set baselines, identify effective public and privateactions, set goals and targets, monitor progress and evaluate impacts. They arealso an essential tool of good government, providing means for people to assesswhat governments do and helping them to participate directly in the developmentprocess.

At the World Bank, the Development Data Group coordinates statistical and datawork and maintains a number of macro, financial and sector databases. Workingclosely with the Bank’s regions and Global Practices, the group is guided byprofessional standards in the collection, compilation and dissemination of datato ensure that all data users can have confidence in the quality and integrityof the data produced.

Much of the data comes from the statistical systems of member countries, andthe quality of global data depends on how well these national systems perform.The World Bank works to help developing countries improve the capacity,efficiency and effectiveness of national statistical systems. Without betterand more comprehensive national data, it is impossible to develop effectivepolicies, monitor the implementation of poverty reduction strategies, ormonitor progress towards global goals.

Measurement of Development Progress

World Bank databases are essential tools for supporting criticalmanagement decisions and providing key statistical information for Bankoperational activities. The application of internationally acceptedstandards and norms results in a consistent, reliable source ofinformation.

Global Statistical Strategy

To be of use, statistics must be both reliable and relevant. They needto be compiled correctly, following standard practices and methodology.They must also meet the needs of users and answer the questions posed bypolicymakers.

Developing countries face a number of problems in providing statisticsthat meet these criteria. They often find themselves caught in a viciouscycle—under-investment in national statistical systems constrainsactivities and results in data of poor quality, which policymakers areunwilling to rely on. This lack of demand for the data leads to fewerresources being made available for their production and quality control.The World Bank is committed to helping developing countries break out ofthis cycle. Our work includes investments in statistical activities,creating and implementing standards and frameworks for data collection,analysis and dissemination, strengthening the international statisticalsystem, and compiling global data sets.

There is also much to be done in raising awareness of the value ofstatistics among governments, decision makers and other users. Asadvocates for statistics, we work in close partnership with developingcountries and our partners in the international community.

A priority of the World Bank’s efforts to improve the statisticalinfrastructure of developing countries is the preparation of nationalstrategies for the development of statistics as recommended intheMarrakech Action Plan for Statistics. These country-drivenplans look at the needs of the whole statistical system and provide thebasis for coordinated and prioritized donor assistance. Other componentsof the World Bank’s statistical capacity building program include:

  • Improving Statistical Capacity
  • Trust Fund for Statistical Capacity Building
  • International Comparison Program

The International System

The World Bank works closely with the international statisticalcommunity including the agencies of the United Nations (UN), theOrganisation for Economic Co-Operation and Development (OECD), theInternational Monetary Fund (IMF), the regional development banks, anddonors by:

  • Participating in the UN Statistical Commission and other statisticalforums to develop appropriate frameworks, guidance and standards ofgood practice for statistics
  • Building consensus and defining internationally agreed indicators,such as the indicators for the Millennium Development Goals
  • Establishing data exchange processes and methods
  • Assembling, analyzing and disseminating data online and in print

In addition to compiling international data sets, which are generallybased on data generated by national statistical systems, the World Banksupports a number of programs to collect transnational data. These aredata that can only be collected by a globally coordinated program. Theyinclude:

  • Marrakech Action Plan for Statistics
  • PARIS21

Training and Client Services

Providing training courses on new and regular data practices and toolsis an important element of the Bank’s data business. These courses arefree of charge and attended by Bank staff and some participants fromvisiting client countries.

The “customer support” for the growing number of users of data anddata tools includes responding to large volumes of queries and requestsfrom inside and outside the Bank; increasing the accessibility andavailability of data knowledge; providing technical and knowledgesupport to internal and external clients; and responding to client needsfor the presentation and understanding of the data.

Publications

The World Bank produces an array of data publications invarious formats (print and electronic) that cover a wide range ofdevelopment issues. These publications reflect the scope of the datawork and the wide range of user interests. They also make the data moreavailable and accessible, especially through the use of maps, charts andgraphs.\u2028

For general information about data, publications and time-series,contact the World Bank Development Data Group:

Email: data@worldbank.org
Phone: (202) 473-7824 or +1 (800) 590-1906

Further Reading

  • Country and Lending Groups
  • Principles Governing Our Statistical Data
  • Methodologies for Using Data
  • Data Quality and Effectiveness
  • Data Updates and Errata
World Bank Open Data (2024)

FAQs

Is the World Bank open data reliable? ›

The application of internationally accepted standards and norms results in a consistent, reliable source of information.

How to extract data from World Bank website? ›

Get started
  1. Search Bar and Site Menu. The easiest way to look for data is to use the search box at the top of the page. ...
  2. Download. Data pages allow the option to download all displayed data in bulk. ...
  3. DataBank. ...
  4. Grab a widget. ...
  5. Access data through Web API. ...
  6. Data catalog. ...
  7. Micro data.

Is World Bank data free to use? ›

The World Bank provides you with access to the Datasets free of charge subject to the terms of this agreement (these “Dataset Terms”).

What is World Bank Open Data? ›

Open Data Initiative (launched in April 2010): a range of reforms enabling free access to thousands of development indicators, as well as a wealth of information on World Bank project and finance, and.

What is the criticism of World Bank? ›

Criticisms of the World Bank

Conditionality: The World Bank has been criticized for attaching conditions to its loans and assistance, which are often referred to as "policy conditionality." Critics argue that these conditions can be onerous and may not reflect the needs and priorities of the recipient countries.

What is one criticism of the World Bank? ›

Evidence and sustainability. Similarly, critics of the bank argue that it recommends policies that aren't evidence based, a potentially critical error as lending money for such projects is likely to deepen debt without affording benefit in terms of health.

Can I use World Bank data? ›

Unless indicated otherwise in the data or indicator metadata, you are free to copy, distribute, adapt, display or include the data in other products for commercial or noncommercial purposes at no cost under a Creative Commons Attribution 4.0 International License, with the additional terms below.

Why is data missing from the World Bank? ›

Some countries do not regularly report data due to conflict, lack of statistical capacity, or other reasons (e.g. Somalia, North Korea, and some Caribbean and Pacific island economies).

Who controls the World Bank? ›

The organizations that make up the World Bank Group are owned by the governments of member nations, which have the ultimate decision-making power within the organizations on all matters, including policy, financial or membership issues.

Is World Bank data public domain? ›

The World Bank Group makes data publicly available according to open data standards and licenses datasets under the Creative Commons Attribution 4.0 International license (CC-BY 4.0). Many datasets are available under other licenses.

How many countries are in World Bank data? ›

The World Bank is like a cooperative, made up of 189 member countries. These member countries, or shareholders, are represented by a Board of Governors, who are the ultimate policymakers at the World Bank. Generally, the governors are member countries' ministers of finance or ministers of development.

Where does World Bank get its money? ›

The Bank borrows the money it lends. It has good credit because it has large, well-managed financial reserves. This means it can borrow money at low interest rates from capital markets all over the world to then lend money to developing countries on very favorable terms.

How do I get open bank data? ›

To request access to your data through open banking, third parties must be accredited by the Australian Competition and Consumer Commission (ACCC). They have set strict accreditation criteria, as well as privacy and information security standards.

Where can I get world data? ›

Sources and info:
  • World Health Statistics - World Health Organization (WHO)
  • World Economic Outlook (WEO) - International Monetary Fund (IMF)
  • World Development Indicators (WDI) - World Bank.

Where can I find open data? ›

Why Is Open Data Important?
  • World Bank Open Data. ...
  • WHO (World Health Organization) — Open data repository. ...
  • Google Public Data Explorer. ...
  • Registry of Open Data on AWS (RODA) ...
  • European Union Open Data Portal. ...
  • FiveThirtyEight. ...
  • U.S. Census Bureau. ...
  • Data.gov.
Jan 10, 2019

Is the World Bank a scholarly source? ›

The World Bank Economic Review (WBER) is one of the most widely read scholarly economic journals in the world.

Is the World Bank peer-reviewed? ›

Part of the Internal Justice Services of the World Bank Group (WBG), Peer Review Services (PRS) offers WBG employees the opportunity to receive an independent, objective and impartial review, by a panel of WBG peers, of whether an employment-related decision, action or inaction by management was consistent with the ...

Is Openbanking safe? ›

Open banking is a new way to make your money work harder. It's secure, it's quick, it's convenient – and over 9 million businesses and consumers in the UK already use it. Apps and services are regulated by the Financial Conduct Authority, which oversees UK financial services firms and markets, or a European equivalent.

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