Quarter of developing countries poorer than in 2019, World Bank finds
Global growth ‘downshifted’ since Covid pandemic and sub-Saharan Africa particularly affected, report saysBusiness live – latest updatesA quarter of countries in the developing world are poorer than they were in 2019 before the Covid pandemic, the World Bank has found.The Washington-based...
<p>Global growth ‘downshifted’ since Covid pandemic and sub-Saharan Africa particularly affected, report says</p><ul><li><p><a href="https://www.theguardian.com/business/live/2026/jan/13/oil-price-trump-iran-trading-partners-tariffs-supreme-court-business-live-news-updates">Business live – latest updates</a></p></li></ul><p>A quarter of countries in the developing world are poorer than they were in 2019 before the Covid pandemic, the World Bank has found.</p><p>The Washington-based organisation said a large group of low-income countries, many in sub-Saharan Africa, had suffered a negative shock in the six years to the end of last year.</p> <a href="https://www.theguardian.com/business/2026/jan/13/developing-countries-poorer-world-bank-report">Continue reading...</a>
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