South Sudan is the world's poorest country, overtaking Burundi. According to Global Finance, South Sudan is the poorest country in 2024, not based on Gross Domestic Product (GDP) where it technically ...

WASHINGTON, December 12, 2024—The next 25 years could prove decisive in determining whether the world’s 26 poorest countries progress to middle-income status, a new World Bank analysis shows. Home to ...

For 75 years the World Bank has been one of the developing world’s main sources of cheap finance. Its aid arm, the International Development Association (ida), distributes roughly $30bn a year to 78 ...

Impoverished countries do not have much in common. Half the population of Niger, a landlocked African nation beset by military coups, live in extreme poverty, eight in ten people have no access to ...

WASHINGTON, Nov 18 (Reuters) - U.S. President Joe Biden pledged a $4 billion U.S. contribution to the World Bank's International Development Association fund for the world's poorest countries, a ...

Extreme weather fuelled by the climate crisis has cost some of the world’s poorest countries $156bn (£116bn) across the past two decades, The Independent can reveal. “If the UK suffered tens of ...

Which is the Poorest European Country in 2025? While Europe is known for high living standards, some countries in the region struggle with much lower economic output than their neighbors. According to ...

WASHINGTON, May 2 (Reuters) - President Donald Trump on Friday asked Congress to approve $3.2 billion in contributions to the World Bank's International Development Association (IDA), which provides ...

The US calculated the rates based on a formula that divides a country’s trade surplus with America by its total exports, based on data from the US Census Bureau for 2024. That number was then divided ...

CAIRO (AP) — U.S. President Donald Trump’s administration has reversed new cutoffs in emergency food aid to several nations but maintained them in Afghanistan and Yemen, two of the world’s poorest and ...

Even though South Sudan has rich oil reserves, this landlocked state is home to around 15 million people is a prime example of the "resource curse". South Sudan is the poorest country in the world ...