The World Bank Group
The World Bank is a vital source of financial and technical assistance to developing countries around the world. Our vision is to create a world free of poverty on a livable planet.
The World Bank Group is a nonprofit organization. The World Bank Group is a global partnership fighting poverty worldwide through sustainable solutions. The World Bank Group employs 43,697 people (+3.8% YoY, +1592 people) and has an annual revenue of $2B. Headquartered in Washington, District of Columbia, United States. Its workforce is distributed across 194 countries (including United States, India, United Kingdom, France, and Pakistan).
1About
We are not a bank in the common sense; we are made up of two unique development institutions owned by 189 member countries: the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA).
Each institution plays a different but collaborative role in advancing the vision of inclusive and sustainable globalization. The IBRD aims to reduce poverty in middle-income and creditworthy poorer countries, while IDA focuses on the world's poorest countries.
Their work is complemented by that of the International Finance Corporation (IFC),