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  • Student in Madagascar.

    Why is IDA the most effective and flexible fund for people in the poorest countries?

  • Kampong Cham, Cambodia. Photo: Chhor Sokunthea / World Bank ?

    An ambitious IDA21 will serve as a lifeline for a world in crisis.

  • Better Bank initiative

    A better bank

    We want to become a better partner to governments, the private sector, and the people we serve.

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??¨C 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.

Overview

Explore Our Open Data

World Development Report

ľ¹ÏÓ°Ôº¡¯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.

World Bank Group in Action

Open Data On selection, change the data IDA: ľ¹ÏÓ°Ôº'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. 

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