The World Bank released findings Friday showing that rising conflicts have worsened extreme poverty across the globe. The financial institution reports that areas facing violence and instability have become centers for poverty and hunger worldwide. These regions struggle with frequent and severe conflicts that shape their economic conditions.
About 421 million people survive on less than three dollars daily in unstable areas during 2025. The bank predicts this figure will climb to 435 million people within five years. Chief economist Indermit Gill noted that media coverage has focused heavily on wars affecting Ukraine and Middle Eastern nations over recent years.
Gill explained that half of all countries experiencing conflict have faced these challenges for fifteen years or longer. The bank identifies 39 nations currently dealing with such problems. Twenty-one of these countries are actively fighting wars right at this moment.
The report names Ukraine, Somalia, South Sudan, West Bank, Gaza and Iraq as examples of affected areas. Some troubled nations possess valuable resources that could help restart economic growth. Zimbabwe, Mozambique and Democratic Republic of Congo contain important minerals needed for electric cars and solar energy equipment.
Deputy chief economist Ayhan Kose stated that economies have stalled rather than grown during the past fifteen years. Severe conflicts that kill more than 150 people per million residents typically cause economic output per person to fall twenty percent over five years. The bank warns that violence continues undermining development efforts across multiple continents.
About 421 million people survive on less than three dollars daily in unstable areas during 2025. The bank predicts this figure will climb to 435 million people within five years. Chief economist Indermit Gill noted that media coverage has focused heavily on wars affecting Ukraine and Middle Eastern nations over recent years.
Gill explained that half of all countries experiencing conflict have faced these challenges for fifteen years or longer. The bank identifies 39 nations currently dealing with such problems. Twenty-one of these countries are actively fighting wars right at this moment.
The report names Ukraine, Somalia, South Sudan, West Bank, Gaza and Iraq as examples of affected areas. Some troubled nations possess valuable resources that could help restart economic growth. Zimbabwe, Mozambique and Democratic Republic of Congo contain important minerals needed for electric cars and solar energy equipment.
Deputy chief economist Ayhan Kose stated that economies have stalled rather than grown during the past fifteen years. Severe conflicts that kill more than 150 people per million residents typically cause economic output per person to fall twenty percent over five years. The bank warns that violence continues undermining development efforts across multiple continents.
