world bank germany gdp

This has benefited more than 17,000 direct beneficiaries and 84,000 indirect beneficiaries in economic and productive initiatives focusing on agriculture, fishing, animal husbandry, honey production, sewing, motorcycle taxi, community saving schemes, product transformation and handcrafts. Gross domestic product 2021 (millions of Ranking Economy US dollars) 1 United States 22,996,100 2 China 17,734,063 The global presence that Morgan Stanley maintains is key to our clients' success, giving us keen insight across regions and markets, and allowing us to make a difference around the world. World Bank national accounts data, and OECD National Accounts data files. The World Bank works with a range of partners to achieve ambitious development goals:transforming food systems,boosting foodsecurityand empowering smallholder farmers, to realizezero hunger and poverty by 2030. While a new Country Partnership Framework (CPF) is planned for FY23-28, the overarching strategy of the World Bank Groups current support activities in Angola focus on pillars within the previous CPF, focusing on promotion of more inclusive development, consisting of two core objectives (pillars) and one foundation plank of a cross-cutting nature. The World Bank In Cambodia Over the two decades before COVID-19 struck in 2020, Cambodia blossomed economically. The economy is projected to grow 4.8 percent in 2022, upwardly revised from a forecast of 4.5 percent in April, underpinned by merchandise exports and domestic economic activity. [3] To ensure no country falls right on the threshold, country data are rounded to the nearest 10 and income thresholds are rounded to the nearest 5. GDP: linked series (current LCU) GDP, PPP (constant 2017 international $) GDP (current LCU) GDP, PPP (current international $) GDP per capita growth (annual %) Download. Our vaccination dataset uses the most recent official numbers from governments and health ministries worldwide. The results confirmed a second and final term for President Joo Loureno. This spending boost mostly benefited the education, social protection, housing, agriculture, and communication sectors as well as defense and security. Improving lower secondary education to meet minimum standards is the goal of a World Bank-supported project in Cambodia. Cordaid is also implementing the new Zimbabwe COVID-19 Emergency Response Project. Economic activity slowed in 2022, constrained by worsening agricultural conditions and price instability. Many of them also placed a major emphasis on the environment and climate change. 239,324 people received conditional and unconditional food assistance, 22,027 households supported with agricultural and livestock inputs, More than 2.3 million livestock treated and/or vaccinated, 661,447 peopleprovided health care support, including four ambulances donated to mission hospitals, 88,516 students in 134 schools received teaching and learning supplies, Rehabilitation of six irrigation schemes is complete, empowering 906 smallholder farmers from seven, targeted irrigation schemes, 181,088 benefited from rehabilitated infrastructure and risk-reduction initiatives, 35,408 households restored access to water and sanitation facilities, Four community access roads, covering 27 kilometers, were rehabilitated, Seven schools and four rural health facilities have been rehabilitated, Gender-Based Violence (GBV) Response:6,878 GBV survivors have been reached through mobile one-stop centers, Ten displacement tracking matrix surveys and assessments conducted. Please help update this article to reflect recent events or newly available information. This more than offset a renewed contraction of the oil sector, ending the countrys long recessionary cycle. Overall, the opposition won 96 seats, up from 70 in the 2017 elections. Chinas high growth based on investment, low-cost manufacturing and exports has largely reached its limits and has led to economic, social, and environmental imbalances. Angola's fourth post-war elections were held on August 24, 2022 and the ruling MPLA (Popular Movement for the Liberation of Angola) party won with 51% of the vote. Ourworkinfood and agriculturefocuseson: Improvinglivelihoods andcreatingmore and better jobs, including for women and youth; Improvingfoodsecurityfor all, including access to safe and nutritiousfood; Making agriculture and food moresustainable and moreclimate-smart:more productive and resilient in the face of climate change,while reducinggreenhouse gasemissions; Boosting agribusiness by buildinginclusive and efficientfoodvalue chains. The United Nations Educational, Scientific and Cultural Organization (UNESCO) World Heritage Sites are places of importance to cultural or natural heritage as described in the UNESCO World Heritage Convention, established in 1972. TheLocal Development Project(PDL), is in its fourth phase, providing financial support and capacity development assistance to poor communities, complementing the governments efforts in the decentralization process. As of the 2023 fiscal year, high-income economies are those that had a GNI per capita of $13,205 or more in 2021. Formal SMEs contribute up to 40% of national income (GDP) in emerging economies. Improving lower secondary education to meet minimum standards is the goal of a World Bank-supported project in Cambodia. However, the WBG remains fully engaged through the Zimbabwe Reconstruction Fund (ZIMREF), the Global Financing Facility (GFF), Health Emergency Preparedness and Response Trust Provincial level activities will support ecological protection, water use efficiency, and water pollution control in the middle reach of the Yellow River, where erosion, ecosystem degradation, and water scarcity are pronounced. Global data and statistics, research and publications, and topics in poverty and development, *Amounts include IBRD, GEF and IDA commitments, World Bank Support for Country Access to COVID-19 Vaccines, Environmental and Social Policies for Projects, Country Partnership Framework (CPF) for FY2020 to 2025, Yellow River Basin Ecological Protection and Environmental Pollution Control Program, Green Agricultural and Rural Revitalization Program for Results, Yangtze River Protection and Ecological Restoration Program, Hunan Subnational Governance and Rural Public Service Delivery Program for Results, Emerging Infectious Diseases Prevention, Preparedness and Response Project, World Bank Group in China 1980-2022: Facts & Figures (pdf), At the Front Line : Reflections on the Banks Work with China over Forty Years, 1980-2020 (PDF), China Country Partnership Strategy (2020-2025), China - Systematic Country Diagnostic : towards a more inclusive and sustainable development (PDF), China - Performance and learning review of the country partnership strategy for the period FY13-16, China - Country assistance strategy (CAS) completion report review for the period FY07-FY12 : IEG review, China - Country partnership strategy for the Period FY2020-2025, World Bank Group in China 1980-2021: Facts & Figures, China-World Bank Transport Transformation and Innovation Knowledge Platform (TransFORM). To tame inflation, the Central Bank tightened monetary policy, raised the interest rates (from 80% to 200%), further liberalized the forex market, and issued gold coins as a store of value. In 2021, Angola exited its five-year recession, with GDP growing 0.8 %. The ongoingRoad Asset Management Project II (RAMPII)has been supporting the Ministry of Public Works and Transport (MPWT) to improve the conditions, safety, and climate resilience of over 420 kilometers of the core national road network and to introduce a road management system. One-third of households continued reporting declines in income between April and May 2022. The removal of COVID-19 related restrictions, the lagged impact of macroeconomic reforms, and the governments efforts to diversify the economy boosted non-oil growth, especially in agriculture and services. Through partnership with 15 agriculture tech startups, digital technologies are being leveraged to help nearly 50,000 farmers deliver products to consumerswhich has proved especially critical during the COVID-19 pandemic. Note: Rankings include only those economies with confirmed GDP estimates. Global data and statistics, research and publications, and topics in poverty and development, World Bank Support for Country Access to COVID-19 Vaccines, Environmental and Social Policies for Projects, Cambodia Global Partnership for Education, Cambodia Gender-based Violence Institutional Mapping Report, Cambodia Health Equality and Quality Improvement Project Phase 2, Improving Capacity of Private Water Operators. Most Recent Year. Traditional growth drivers, especially manufacturing and agricultural commodities exports, have fully recovered. Technology Adoption by Firms in Developing Countries Around the world, there is a large technological divide across firms. In Armenia since 2014,the Bank has supported 285,000 people in livestock farmingand pasture management improvement. Over the last few years, the World Bank has ramped up its efforts to address more effectively GBV risks in its operations, including learning from other institutions. The poverty rate is the lowest in Phnom Penh (4.2 percent) and other urban areas (12.6 percent), and the highest in rural areas (22.8 percent). The challenge going forward is to find new drivers of growth while addressing the social and environmental legacies of Chinas previous development path. The Gross Domestic Product (GDP) in Ukraine was worth 200.09 billion US dollars in 2021, according to official data from the World Bank. Purchase of ambulances, eight sets of Intensive Care Units (ICU) , Personal Protective Equipment (PPE) for five isolation/treatment facilities, printing of Information, Education and Communication Materials. The WBGs newCountry Partnership Framework (CPF) for FY2020 to 2025, issued in December 2019, reflects the evolution of the Bank Groups relationship with China toward a decline in lending and a more selective engagement in line with thecapital increase commitmentsagreed to by its shareholders in 2018. We provide a wide array of financial products and technical assistance, and we help countries share and apply innovative knowledge and solutions to the challenges they face. Main drivers were an increase in oil production levels as well as continued strong performance of non-oil sectors. The World Bank Group works in every major area of development. Macroeconomic volatility, a high dependence on low-productivity agriculture, the lack of creation of high-productivity jobs, and intermittent shockssuch as droughts and the pandemichave all contributed to increasing vulnerability in both urban and rural areas. The Bank also helpedover 20,000 farmersimprove their livestock production and benefited an additional 130,000 people through capacity building in food safety. Sri Lanka faces an unsustainable debt and severe balance of payments crisis, which is having a negative impact on growth and poverty. World Bank-financed projects introduced innovations or piloted new approaches and serve as platforms for knowledge exchange. Joint flagship studies have been important for deepening the dialogue on policies and Bank programs and provided a model for other middle-income countries. Data and research help us understand these challenges and set priorities, share knowledge of what works, and measure progress. With 189 member countries, staff from more than 170 countries, and offices in over 130 locations, the World Bank Group is a unique global partnership: five institutions working for sustainable solutions that reduce poverty and build shared prosperity in developing countries. 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