World Bank in Latvia: Projects, reports and data for development

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Ida is a game changer

Why is IDA the most effective and flexible fund for people in the poorest countries?
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An ambitious IDA21 will serve as a lifeline for a world in crisis.
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Latvia At-A-Glance

Latvia first became a member of the World Bank Group in 1992, shortly after gaining independence from the Soviet Union. Shortly afterwards, Latvia took out its first loan with the Bank, and in just fifteen years became a donor to International Development Association (IDA) – the World Bank’s fund for the poorest.

Today, Latvia is a member of the five institutions that form the World Bank Group and works together with the World Bank and other member governments to finance projects, design policies, and deliver programs to eradicate poverty on a liveable planet.

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World Development Report

The World Bank’s World Development Report, published annually since 1978, is an invaluable guide to the economic, social, and environmental state of the world today. Each report provides in-depth analysis and policy recommendations on a specific and important aspect of development.

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World Bank Group in Action

IDA: The World Bank's Fund for the Poorest

The International Development Association (IDA) is the part of the World Bank that helps the world’s poorest countries. Established in 1960, IDA aims to reduce poverty by providing loans (called “credits”) and grants for programs that boost economic growth, reduce inequalities, and improve people’s living conditions. Visit ida.worldbank.org

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