World and international

Banque mondiale

Data, projects, research and analysis on economic and social development worldwide.

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A concrete use case

Explore a global indicator

Locate development data series and documentation.

Check first: Read definitions, country coverage and missing values.

A meeting room with a world map
AI-generated contextual illustration · Fictional scene, not a photograph of this organization’s premises or services.

Separate current and constant prices

Current-price series use each year’s prices; constant-price series use a reference year.

Separate current and constant prices Nominal value → Price effect → Volume value Nominal value Price effect Volume value
Reading guide: the three elements to connect. Details follow in the table.
Fields and distinctions to understand
ElementMeaning
Current pricesChanges may include a price effect.
Constant pricesRead changes in volume.
ComparisonRetain unit, currency and reference year.
Reference yearIt fixes the prices used for all observations in a constant-price series, rather than the observation year.
Dollar conversionExchange-rate changes can affect comparisons between current and constant series expressed in dollars.

Try the reasoning

Illustrative situation. A fictional value rises from 100 to 110 while the price index rises from 100 to 105. What is the volume change?

Read the explanation

110 ÷ 1.05 = 104.76: about +4.76% under these simplified assumptions. The nominal 10% rise is not the volume rise.

Documentation for the table : World Bank — Current and constant price series · . The exercise is an editorial example.

Documented resource details

Compare an indicator, not just two countries

The World Bank data portal supports exploration of indicators and territories. Before comparing, record the indicator definition, unit and available years. A missing year is not a zero value.

Indicator
Retain name, definition and unit.
Period
Compare consistent years and record missing data.
Traceability
Keep the source and table download date.
Choose the platform
The homepage distinguishes DataBank time series, Microdata Library surveys, Data Catalog datasets and the Data360 expansion.
Latest non-empty value
The API distinguishes recent values from the latest non-empty values. A selection using the latest available observation can therefore return different years for different countries. Keep the year with each value before building a ranking.
Observation notes
The footnote=y parameter requests notes associated with an observation where available. For analysis, retain indicator code, country, year, notes and selection parameters; a shared chart title does not document these choices.
Indicator code
An indicator record exposes its identifier, name, source and definition. Keep the full code alongside a translated label to find the same series again.
Source: World Bank — Indicator API queries · consulted on
Source and definition
sourceNote describes the indicator and sourceOrganization identifies the data source. An empty unit field does not justify inventing a unit: read the series name and definition.
Source: World Bank — Indicator API queries · consulted on
Can I compare figures from different dates without mentioning it?

State the years and limitations; first look for a common period.

Where should I look for observations rather than a chart?

Choose the platform for the data type, then retain dataset, indicator, period and downloaded file. A presentation chart does not replace definitions.

Initial profile documentation

Initial profile documentation consulted on . Added details carry their own source and consultation date above.

Editorial selection, without website certification. Read our method.