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World Bank (WB)

World Bank (WB)

The World Bank is an international financial institution established in 1944 and headquartered in Washington, D.C. Its mission is to reduce poverty and support sustainable development by financing reforms and public investments and by sharing knowledge. The World Bank consists of the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA). Together with the International Finance Corporation (IFC), the Multilateral Investment Guarantee Agency (MIGA) and the International Centre for Settlement of Investment Disputes (ICSID), they form the World Bank Group (WBG). The Bank’s mission is captured in its motto: “We exist to create a world free of poverty — on a livable planet.”

The Bank finances programmes and projects in areas such as education, health, infrastructure, public administration, finance, agriculture and environmental protection. It provides low-interest loans, concessional credits and grants, supports institutional reforms and strengthens administrative capacities.

The World Bank collects and freely disseminates global socio-economic statistics through the World Bank Open Data platform. Key datasets include:

All data are publicly available in open formats (CSV, API) and accompanied by clear metadata.

In Poland, cooperation with the World Bank involves several institutions. The National Bank of Poland (NBP) provides data on the balance of payments, international investment position and external debt; the Ministry of Finance supplies public finance and debt statistics; and Statistics Poland delivers statistics on population, GDP, prices, the labour market, education and infrastructure. Poland also participates in the International Comparison Program (ICP), coordinated in the region by Eurostat and the OECD. ICP results feed into key World Bank databases such as WDI and IDS.

Why does it matter?

  • Shared standards for measuring development provide clear concepts and harmonised methodologies, ensuring the credibility and comparability of data.
  • Comparable national and international data allow indicators calculated under the same rules to track trends, report reliably on the 2030 Agenda and assess policy impacts across countries.
  • For Polish official statistics, cooperation with the World Bank means contributing to global databases (WDI, IDS), participating in international programmes (ICP/PPP), continually updating methodologies and increasing Poland’s visibility internationally.
  • For data users, this cooperation translates into clearer and more accessible indicators (e.g., GDP in PPP terms, poverty measures), which support public policymaking, business decisions and research.

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