A survey of the global payment systems in six charts
payments, financial sector, digital, financial inclusion, surveys, cashless transactions, laws.| World Bank Blogs
payments, financial sector, digital, financial inclusion, surveys, cashless transactions, laws.| World Bank Blogs
Officially recorded remittances to low- and middle-income countries (LMICs) are expected to reach $685 billion in 2024. The true size of remittances, including flows through informal channels, is also believed to be even larger. The growth rate of remittances in 2024 is estimated to be 5.8 percent, significantly higher than 1.2 percent registered in 2023.| World Bank Blogs
Global poverty estimates were updated today on the World Bank's Poverty and Inequality Platform (PIP). More than 100 new surveys were added to the PIP database, bringing the total number of surveys to more than 2,300. With more recent survey data, this March 2024 PIP update is the first to report a global poverty number for 2020-2022, the period of the COVID-19 pandemic.| World Bank Blogs
