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WHO WE ARE

With 189 member countries, staff from more 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.

Our Mission

To end extreme poverty:

By reducing the share of the global population that lives in extreme poverty to 3 percent by 2030.

To promote shared prosperity:

By increasing the incomes of the poorest 40 percent of people in every country.

One of the world’s largest sources of funding and knowledge for developing countries, the World Bank Group is five institutions with a commitment to reducing poverty, increasing shared prosperity, and promoting sustainable development.

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World Bank Annual Report 2016

The Annual Report 2016 focuses on how the World Bank is partnering with countries to end extreme poverty by 2030, promote shared prosperity, and support the global sustainable development agenda.

World Bank by the Numbers

Results

The Bank has also improved its ability to measure results from its knowledge or institutional development work, and it has adopted standardized metrics across a wide range of sectors to aggregate contributions to development results across countries, and across time.

Accountability

The World Bank is accountable to its shareholders and the public through a set of feedback and accountability mechanisms, including the Corporate Scorecard, the IDA (International Development Association) Results Monitoring System, and regular opportunities to discuss progress on operations with its Board of Executive Directors. It continues to refine a set of indicators to track progress on client results and the effectiveness of its operations to demonstrate progress.

Open Development

The World Bank Group has opened its data, knowledge, and research to foster innovation and increase transparency in development, aid flows, and finances. A variety of tools, programs, and policies facilitates these goals.

Dr. Jim Yong Kim

Dr. Jim Yong Kim

President, World Bank Group Jim Yong Kim, M.D., Ph.D., became the 12th President of the World Bank Group on July 1, 2012.

Contacts

Headquarters
1818 H Street, NW Washington, DC 20433 USA
tel : (202) 473-1001
Fax: (202) 473-1000