WDI stands for World Development Indicators. It is a widely recognized and comprehensive database of development statistics compiled by the World Bank. WDI provides a comprehensive and objective source of data on various aspects of economic and social development across the globe.
The World Development Indicators database is a valuable strategic tool for policymakers, researchers, and economists. It includes an extensive range of high-quality statistics covering a wide range of topics such as poverty, education, health, global trade, environment, infrastructure, and gender equality, among others. Users can access data on more than 1,400 indicators from over 200 countries and territories.
WDI ensures the reliability and comparability of its data by employing rigorous methodologies and data collection techniques. The information is collected from national statistical offices, government agencies, international organizations, and other reputable sources. The database provides both historical and current data, allowing users to analyze trends and patterns in development indicators over time.
Researchers and analysts often utilize WDI to monitor progress towards development goals, identify areas for intervention and policy formulation, and track the impact of various policies and interventions on socio-economic development. WDI plays a crucial role in informing evidence-based decision-making by providing a standardized and reliable source of development data at the global level.
In summary, World Development Indicators (WDI) is a robust and authoritative database that captures key statistical indicators related to socio-economic development worldwide. It serves as a valuable resource for a wide range of users, offering an extensive collection of data that contributes to informed decision-making, research, and analysis.
