World Development Indicators 2003

Since inception more than twenty five years ago, the World Development Indicators (WDI) presented statistical information of the world, as seen by development economists, and, through a growing understanding of the development process, the WDI now encompasses over 500 indicators, covering 152 countries. A larger picture of poverty trends and social welfare is now provided, as well as the use of environmental resources, the performance of the public sector, and the integration of the global economy. This 2003 edition, focuses on measuring development outcomes, encouraged by the availability of internationally comparable statistics. Thus, the set of specific, quantified targets for reducing poverty, and achieving progress in health, education, and the use of environmental resources has been compiled within the framework of Millennium Development Goals, as adopted by the United Nations. The report comprises six chapters that provide an introduction, and statistical development information on: the world view through key economic indicators; on people, reflecting the population dynamics, labor force structure, employment, poverty incidence, and social indicators among others; on the environment as it is affected by the different sector inputs; on the economy at large, presenting growth patterns, the structure of trade, and financial and monetary indicators; on states and markets, outlining private sector development, investment climate, business environment, stock markets, and financial efficiency; and, on global links, analyzing the integrated global economy, trade, and development assistance. The report acknowledges the collective efforts of partners in development, among the various international and government agencies, and of private and nongovernmental organizations.