The Emerging Markets Bond Index (EMBI), commonly known as "riesgo país" in Spanish speaking countries, is a weighted financial benchmark that measures the interest rates paid each day by a selected portfolio of government bonds from emerging countries. It is measured in base points, which reflect the difference between the return rates paid by emerging countries' government bonds and those offered by U.S. Treasury bills. This difference is defined as "spread". Which Latin American country has the highest risk bonds? As of September 19, 2024, Venezuela was the Latin American country with the greatest financial risk and highest expected returns of government bonds, with an EMBI spread of around 254 percent. This means that the annual interest rates paid by Venezuela's sovereign debt titles were estimated to be exponentially higher than those offered by the U.S. Treasury. On the other hand, Brazil's EMBI reached 207 index points at the end of August 2023. In 2023, Venezuela also had the highest average EMBI in Latin America, exceeding 40,000 base points. The impact of COVID-19 on emerging market bonds The economic crisis spawned by the coronavirus pandemic heavily affected the financial market's estimated risks of emerging governmental bonds. For instance, as of June 30, 2020, Argentina's EMBI spread had increased more than four percentage points in comparison to January 30, 2020. All the Latin American economies measured saw a significant increase of the EMBI spread in the first half of the year.

Graph and download economic data for ICE BofA BB Emerging Markets Corporate Plus Index Effective Yield (BAMLEM3BRRBBCRPIEY) from 1998-12-31 to 2025-12-01 about BB, sub-index, emerging markets, yield, corporate, interest rate, interest, rate, and USA.

Brazil is Latin America's largest economy based on annual gross domestic product. As of July 2024, Brazil's Emerging Markets Bond Index stood at 228 points, almost 29 points higher than at the same period one year earlier. This index is a weighted capitalization market benchmark that measures the financial returns obtained each day by a selected portfolio of government bonds from emerging countries.The EMBI+, more commonly known as "risco país" in Portuguese, is measured in base points. These show the difference between the return rates paid by emerging countries' government bonds and those offered by the U.S. Treasury. Based on Brazil's EMBI as of October 27, 2020, the annual return rates of Brazilian sovereign debt titles were estimated to be 315 index points higher than those offered by U.S. Treasury bills. This difference is known as "spread".

Graph and download economic data for ICE BofA B & Lower US Emerging Markets Liquid Corporate Plus Index Effective Yield (BAMLEM4RBLLCRPIUSEY) from 2003-12-31 to 2025-12-01 about B Bond Rating, sub-index, emerging markets, liquidity, yield, corporate, interest rate, interest, rate, and USA.

As of July 18, 2025, the major economy with the highest yield on 10-year government bonds was Turkey, with a yield of ** percent. This is due to the risks investors take when investing in Turkey, notably due to high inflation rates potentially eradicating any profits made when using a foreign currency to investing in securities denominated in Turkish lira. Of the major developed economies, United Kingdom had one the highest yield on 10-year government bonds at this time with **** percent, while Switzerland had the lowest at **** percent. How does inflation influence the yields of government bonds? Inflation reduces purchasing power over time. Due to this, investors seek higher returns to offset the anticipated decrease in purchasing power resulting from rapid price rises. In countries with high inflation, government bond yields often incorporate investor expectations and risk premiums, resulting in comparatively higher rates offered by these bonds. Why are government bond rates significant? Government bond rates are an important indicator of financial markets, serving as a benchmark for borrowing costs, interest rates, and investor sentiment. They affect the cost of government borrowing, influence the price of various financial instruments, and serve as a reflection of expectations regarding inflation and economic growth. For instance, in financial analysis and investing, people often use the 10-year U.S. government bond rates as a proxy for the longer-term risk-free rate.

As of July 22, 2025, the yield for a ten-year U.S. government bond was 4.38 percent, while the yield for a two-year bond was 3.88 percent. This represents an inverted yield curve, whereby bonds of longer maturities provide a lower yield, reflecting investors' expectations for a decline in long-term interest rates. Hence, making long-term debt holders open to more risk under the uncertainty around the condition of financial markets in the future. That markets are uncertain can be seen by considering both the short-term fluctuations, and the long-term downward trend, of the yields of U.S. government bonds from 2006 to 2021, before the treasury yield curve increased again significantly in the following years. What are government bonds? Government bonds, otherwise called ‘sovereign’ or ‘treasury’ bonds, are financial instruments used by governments to raise money for government spending. Investors give the government a certain amount of money (the ‘face value’), to be repaid at a specified time in the future (the ‘maturity date’). In addition, the government makes regular periodic interest payments (called ‘coupon payments’). Once initially issued, government bonds are tradable on financial markets, meaning their value can fluctuate over time (even though the underlying face value and coupon payments remain the same). Investors are attracted to government bonds as, provided the country in question has a stable economy and political system, they are a very safe investment. Accordingly, in periods of economic turmoil, investors may be willing to accept a negative overall return in order to have a safe haven for their money. For example, once the market value is compared to the total received from remaining interest payments and the face value, investors have been willing to accept a negative return on two-year German government bonds between 2014 and 2021. Conversely, if the underlying economy and political structures are weak, investors demand a higher return to compensate for the higher risk they take on. Consequently, the return on bonds in emerging markets like Brazil are consistently higher than that of the United States (and other developed economies). Inverted yield curves When investors are worried about the financial future, it can lead to what is called an ‘inverted yield curve’. An inverted yield curve is where investors pay more for short term bonds than long term, indicating they do not have confidence in long-term financial conditions. Historically, the yield curve has historically inverted before each of the last five U.S. recessions. The last U.S. yield curve inversion occurred at several brief points in 2019 – a trend which continued until the Federal Reserve cut interest rates several times over that year. However, the ultimate trigger for the next recession was the unpredicted, exogenous shock of the global coronavirus (COVID-19) pandemic, showing how such informal indicators may be grounded just as much in coincidence as causation.

Fixed Income Asset Management Market Outlook

The global fixed income asset management market size was valued at approximately USD 5.7 trillion in 2023 and is projected to grow to USD 9.3 trillion by 2032, expanding at a compound annual growth rate (CAGR) of 5.5% over the forecast period. The growth of this market is primarily driven by the increasing demand for stable and predictable returns in an uncertain economic environment.

One of the significant growth factors for the fixed income asset management market is the aging global population. As more individuals approach retirement age, the demand for fixed income investments that offer stable returns and lower risk compared to equities is increasing. Retirees and near-retirees often prioritize capital preservation and income generation, which fixed income products are well-suited to provide. This demographic trend is particularly prominent in developed countries but is also becoming more relevant in emerging markets as their populations age and accumulate wealth.

Another crucial growth driver is the rising interest rate environment. As central banks around the world shift towards tightening monetary policies to combat inflation, interest rates are gradually increasing. Higher interest rates make newly issued bonds more attractive to investors due to their higher yields. This situation creates opportunities for fixed income asset managers to attract new investments and cater to clients looking for better returns in a higher interest rate environment. Additionally, higher yields can enhance the overall performance of fixed income portfolios, making them more appealing to both institutional and retail investors.

The increasing complexity and diversity of fixed income products is also contributing to market growth. The fixed income market has evolved to include a wide range of instruments beyond traditional government and corporate bonds. Products such as mortgage-backed securities, municipal bonds, and various structured financial instruments offer different risk-return profiles and investment opportunities. This diversification allows asset managers to tailor portfolios to meet specific client needs and preferences, thereby attracting a broader investor base. The development of innovative fixed income products continues to drive growth in this market by expanding the range of investment options available.

In the realm of private equity, the PE Fund Management Fee plays a crucial role in shaping the investment landscape. These fees are typically charged by fund managers to cover the operational costs of managing the fund, including research, administration, and portfolio management. The structure of these fees can vary, often comprising a management fee based on the committed capital and a performance fee tied to the fund's returns. Understanding the intricacies of these fees is essential for investors, as they can significantly impact the net returns on their investments. As private equity continues to grow as an asset class, the transparency and justification of management fees are becoming increasingly important to investors seeking to maximize their returns while ensuring alignment of interests with fund managers.

From a regional perspective, North America remains the largest market for fixed income asset management, driven by the presence of a well-established financial industry, a large pool of institutional investors, and a high level of individual wealth. However, the Asia Pacific region is expected to exhibit the highest growth rate during the forecast period. Rapid economic growth, increasing financial literacy, and a burgeoning middle class are driving demand for fixed income investments in countries such as China and India. Additionally, regulatory reforms aimed at developing local bond markets and attracting foreign investment are further propelling the market in this region.

Asset Type Analysis

The fixed income asset management market can be categorized by asset type into government bonds, corporate bonds, municipal bonds, mortgage-backed securities, and others. Each of these asset types offers unique characteristics and appeals to different segments of investors, contributing to the overall growth and diversification of the market.

Government bonds are one of the most significant segments in the fixed income market. Issued by national governments, these bonds are considered low-risk investments due to the backing of the issuing g

Content

Yield and total return indices for many categories of corporate bonds, mostly US and EM. Different indices have different durations of availability, ranging from 1975 onwards for US Gen Y to 1998 onwards for EMEA Gen TR.

For the naming convention: Location US=United States, EM=Emerging Markets, EMEA= Europe, Middle East & Africa Type/Grade Gen=General (All grades), Good= High Grade, High= High Yield, AAA=AAA-rated, AA=AA-rated and so on ... Index type Y=Yield, TR=Total Return

Sources

Data collected using Quandl API reference from Merrill Lynch into Python, before writing to csv using Pandas. For the combined mastersheet, I used pd.merge so the indices were inner joined on the date column starting with the longest range (US Gen TR) so the final range for the combined spreadsheet is shorter than the individual ranges.

Inspiration

How do the movement of yieldss and total return indices correlate to each other? Will post my notebook showing the correlation matrix of the bond yields and bond total returns soon!

Graph and download economic data for ICE BofA Latin America Emerging Markets Corporate Plus Index Effective Yield (BAMLEMRLCRPILAEY) from 1998-12-31 to 2025-11-06 about Latin America, sub-index, emerging markets, yield, corporate, interest rate, interest, and rate.

Corporate Bond Market Outlook

According to our latest research, the global corporate bond market size reached USD 13.2 trillion in 2024, reflecting the robust appetite for fixed-income securities among investors worldwide. The market is projected to grow at a CAGR of 6.1% from 2025 to 2033, reaching a forecasted value of USD 22.4 trillion by 2033. This growth trajectory is underpinned by increasing corporate financing needs, persistent low interest rate environments in key economies, and the ongoing diversification strategies of institutional investors seeking stable returns and risk mitigation.

One of the primary growth drivers for the corporate bond market is the rising demand for alternative investment vehicles among institutional investors. Pension funds, insurance companies, and sovereign wealth funds are increasingly allocating larger portions of their portfolios to corporate bonds, attracted by the relatively higher yields compared to government securities. In addition, the growing sophistication of credit risk assessment tools and enhanced market transparency have made corporate bonds more accessible and attractive to a broader range of investors. The expansion of emerging markets, where corporations are turning to bonds as a means of raising capital for expansion and innovation, is also contributing significantly to the overall market growth.

Another critical factor fueling the growth of the corporate bond market is the evolving regulatory landscape. Regulatory reforms, such as Basel III and Solvency II, have encouraged financial institutions to maintain higher capital buffers, prompting them to invest in liquid and high-quality assets like investment-grade corporate bonds. Moreover, the proliferation of sustainable finance initiatives has led to a surge in the issuance of green and social bonds by corporations aiming to align with environmental, social, and governance (ESG) criteria. This trend is not only expanding the market but also attracting a new class of investors focused on responsible investing.

Technological advancements are also playing a pivotal role in the transformation of the corporate bond market. The adoption of electronic trading platforms, blockchain-based settlement systems, and advanced data analytics has streamlined the issuance, trading, and settlement processes. These innovations have enhanced market liquidity, reduced transaction costs, and increased transparency, making corporate bonds more accessible to both institutional and retail investors. Furthermore, the rise of online platforms and fintech solutions is democratizing access to corporate bonds, enabling a broader investor base to participate in this dynamic market.

From a regional perspective, North America continues to dominate the corporate bond market owing to the presence of mature capital markets, a large base of institutional investors, and a favorable regulatory environment. However, Asia Pacific is rapidly emerging as a key growth engine, driven by economic expansion, financial market liberalization, and increasing corporate bond issuances in countries like China, Japan, and India. Europe also remains a significant market, supported by robust investor demand and the widespread adoption of ESG principles. Meanwhile, Latin America and the Middle East & Africa are witnessing gradual growth, fueled by infrastructure development and efforts to deepen local capital markets.

Type Analysis

The corporate bond market can be broadly segmented by type into investment grade and high yield bonds. Investment grade bonds, which are issued by corporations with strong credit ratings, constitute the largest segment due to their lower risk profile and stable returns. These bonds are particularly favored by risk-averse investors such as pension funds, insurance companies, and central banks. The demand for investment grade bonds has been further bolstered by regulatory requirements mandating higher allocations to high-quality assets, as well as the growing emphasis on

The authors argue that one reason why emerging economies borrow short term is that it is cheaper than borrowing long term. This is especially the case during crises, as during these episodes the relative cost of long-term borrowing increases. They have constructed a unique database of sovereign bond prices, returns, and issuances at different maturities for 11 emerging economies from 1990 to 2009 and present a set of new stylized facts. On average, these countries pay a higher risk premium on long-term than on short-term bonds. During crises, the difference between the two risk premia increases and issuance shifts towards shorter maturities.

The yield on India 10Y Bond Yield eased to 6.52% on December 2, 2025, marking a 0.06 percentage points decrease from the previous session. Over the past month, the yield has fallen by 0.03 points and is 0.24 points lower than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. India 10-Year Government Bond Yield - values, historical data, forecasts and news - updated on December of 2025.

Index Time Series for iShares J.P. Morgan EM High Yield Bond ETF. The frequency of the observation is daily. Moving average series are also typically included. The fund will invest at least 80% of its assets in the component securities of the underlying index, and the fund will invest at least 90% of its assets in fixed income securities of the types included in the underlying index that BFA believes will help the fund track the underlying index. The index tracks the performance of below investment-grade U.S. dollar-denominated, emerging market fixed and floating-rate debt securities issued by corporate, sovereign, and quasi-sovereign entities.

Graph and download economic data for ICE BofA BB Emerging Markets Corporate Plus Index Semi-Annual Yield to Worst (BAMLEM3BRRBBCRPISYTW) from 1998-12-31 to 2025-11-30 about BB, YTW, sub-index, emerging markets, corporate, and USA.

High-Yield Bonds Market Outlook

According to our latest research, the global high-yield bonds market size reached USD 2.34 trillion in 2024 and is projected to expand at a robust CAGR of 6.1% during the forecast period, surging to an estimated USD 3.98 trillion by 2033. This significant growth trajectory is primarily driven by a combination of persistent investor appetite for higher returns, ongoing accommodative monetary policies in key economies, and a dynamic corporate financing landscape that favors riskier debt instruments. The market continues to evolve rapidly as both institutional and retail investors seek to optimize their portfolios amid a fluctuating interest rate environment and heightened global economic uncertainty.

One of the most prominent growth factors propelling the high-yield bonds market is the persistent low-yield environment in traditional fixed-income assets, which has encouraged investors to pursue higher-risk, higher-return alternatives. Central banks across developed economies have maintained relatively low interest rates to spur economic recovery post-pandemic, inadvertently compressing yields on government and investment-grade corporate bonds. This scenario has funneled substantial capital into high-yield bonds, particularly from pension funds, insurance companies, and mutual funds seeking to enhance portfolio yields. Furthermore, the search for income in a low-rate world has expanded the investor base, drawing significant interest from both institutional and retail segments.

Another critical driver is the increasing trend of corporate refinancing and leveraged buyouts, especially in sectors undergoing transformation or consolidation. Companies with sub-investment grade ratings are leveraging favorable market conditions to refinance existing debt at lower costs or to support strategic acquisitions, fueling new issuances of high-yield bonds. The market has also witnessed a surge in innovative debt structures and covenant-lite deals, catering to the evolving risk appetite of investors. This dynamism is further accentuated by the rise of emerging market high-yield issuances, as sovereign and corporate entities in developing economies tap into global capital markets to fund growth and infrastructure projects.

Technological advancements and the proliferation of digital trading platforms have also played a pivotal role in shaping the high-yield bonds market. Enhanced access to market data, real-time pricing, and streamlined execution processes have democratized bond investing, making high-yield instruments more accessible to a broader spectrum of investors. Online platforms and fintech innovations have lowered transaction costs, improved transparency, and enabled retail investors to participate more actively in the market. This digital transformation is fostering greater liquidity and efficiency, thereby supporting the overall expansion of the high-yield bonds ecosystem.

Regionally, North America continues to dominate the high-yield bonds market, accounting for nearly 47% of global issuance in 2024. The United States, in particular, remains the epicenter of high-yield activity, driven by a mature capital market infrastructure, a deep pool of institutional investors, and a steady pipeline of corporate issuers. Europe and Asia Pacific are also emerging as significant contributors, with European issuances gaining momentum amid regulatory harmonization and Asia Pacific benefitting from robust economic growth and increasing financial market sophistication. Latin America and the Middle East & Africa are gradually expanding their market share, propelled by sovereign and corporate financing needs, though these regions still face structural and regulatory challenges that temper growth.

Type Analysis

The high-yield bonds market can be segmented by type into Corporate High-Yield Bonds, Sovereign High-Yield Bonds, Emerging Market High-Yield Bonds, and Others. Corporate high-yield bonds represent the largest share of the market, driven by a sustained ap

The authors argue that one reason why emerging economies borrow short term is that it is cheaper than borrowing long term. This is especially the case during crises, as during these episodes the relative cost of long-term borrowing increases. They have constructed a unique database of sovereign bond prices, returns, and issuances at different maturities for 11 emerging economies from 1990 to 2009 and present a set of new stylized facts. On average, these countries pay a higher risk premium on long-term than on short-term bonds. During crises, the difference between the two risk premia increases and issuance shifts towards shorter maturities.

Callable Bonds Market Outlook

According to our latest research, the global callable bonds market size reached USD 2.21 trillion in 2024, reflecting robust activity across government, corporate, and municipal issuances. The market is poised for steady expansion, with a projected CAGR of 5.3% from 2025 to 2033. By the end of 2033, the callable bonds market is forecasted to attain a value of USD 3.51 trillion. This growth is primarily driven by increasing demand for flexible debt instruments in a dynamic interest rate environment, as issuers seek to optimize their capital structures and manage refinancing risks efficiently.

A key growth factor for the callable bonds market is the persistent volatility in global interest rates. As central banks continue to adjust monetary policies in response to inflationary pressures and macroeconomic uncertainties, both public and private sector issuers are increasingly favoring callable bonds. These instruments provide issuers with the strategic option to redeem debt early if interest rates decline, allowing for refinancing at lower costs. This flexibility is especially attractive in periods of economic uncertainty, where the ability to manage interest expenses and maintain liquidity is crucial. The growing sophistication of debt management strategies among governments and corporations further fuels the adoption of callable bonds worldwide.

Another significant driver is the rising participation of institutional investors in the callable bonds market. Asset managers, pension funds, and insurance companies are drawn to callable bonds for their relatively higher yields compared to non-callable alternatives, compensating for the embedded call risk. In addition, the expansion of emerging markets into global capital markets has led to increased callable bond issuances by sovereign and quasi-sovereign entities. This trend is amplified by advancements in technology and digital trading platforms, which enhance transparency and accessibility, making callable bonds more attractive to a broader investor base. The proliferation of online platforms is also enabling retail investors to participate more actively, further boosting market liquidity.

Regulatory reforms and evolving market practices are also shaping the trajectory of the callable bonds market. Enhanced disclosure requirements, improved pricing transparency, and the adoption of standardized documentation have contributed to greater investor confidence and market integrity. These regulatory developments, alongside the growing integration of environmental, social, and governance (ESG) criteria into bond issuance, are prompting issuers to innovate with callable structures that align with sustainable finance objectives. As a result, the market is witnessing a diversification of callable bond types and a broader range of issuers, which is expected to sustain growth over the long term.

From a regional perspective, North America continues to dominate the callable bonds market, accounting for the largest share of global issuances in 2024. This leadership is underpinned by the active participation of U.S. government agencies, corporates, and municipal entities, coupled with a highly developed financial infrastructure. Europe and Asia Pacific are also experiencing notable growth, driven by regulatory harmonization and increased cross-border capital flows. In contrast, Latin America and the Middle East & Africa are gradually expanding their presence, supported by economic reforms and infrastructure investments. Each region exhibits unique market dynamics, but the overarching trend points toward increasing globalization and diversification in callable bond offerings.

Type Analysis

The callable bonds market is segmented by type into traditional callable bonds, make-whole callable bonds, European callable bonds, Bermudan callable bonds, and others. Traditional callable bonds remain the most prevalent, offering issuers a straightforward mechanism to redeem bonds at predetermined call dates and prices. This type is favored for its simplicity and flexibility, particularly in markets where interest rates are expected to fluctuate. Traditional callable bonds provide issuers with the ability to refinance debt efficiently, while investors are compensated for call risk through higher yields. The enduring popularity of this segment is supported by well-established legal frameworks and market conventions, especially in North America and Europe.

Daily corporate bond returns for Euroarea, US and emerging markets

Corporate Bonds Market Outlook

According to our latest research, the global corporate bonds market size reached USD 13.7 trillion in 2024, reflecting robust investor activity and heightened corporate financing needs. The market is projected to expand at a CAGR of 7.2% from 2025 to 2033, reaching an estimated USD 25.7 trillion by 2033. This growth trajectory is primarily driven by the increasing demand for diversified investment portfolios, rising corporate capital requirements, and favorable regulatory frameworks supporting bond issuance worldwide.

One of the most significant growth factors shaping the corporate bonds market is the persistent low-interest-rate environment witnessed across major economies. Central banks in North America, Europe, and Asia Pacific have maintained accommodative monetary policies to stimulate economic growth, making traditional savings less attractive. This scenario has propelled both institutional and retail investors to seek higher-yielding alternatives, with corporate bonds emerging as a preferred choice due to their relatively stable returns and risk-adjusted performance. Moreover, corporations are leveraging this environment to access cheaper financing, further fueling bond issuance volumes and market expansion.

Another critical driver is the evolving regulatory landscape that promotes transparency and investor protection within the corporate bonds market. Regulatory bodies such as the U.S. Securities and Exchange Commission (SEC), the European Securities and Markets Authority (ESMA), and counterparts in Asia Pacific have introduced measures to enhance market liquidity, streamline disclosure requirements, and strengthen investor confidence. These regulatory advancements not only attract a broader base of institutional investors—such as pension funds, insurance companies, and mutual funds—but also encourage greater participation from retail investors, thereby deepening market penetration and accelerating growth.

Technological innovation and digital transformation are also playing pivotal roles in reshaping the corporate bonds market. The proliferation of online trading platforms, blockchain-based settlement systems, and advanced analytics tools has improved market accessibility, reduced transaction costs, and increased operational efficiency. These advancements enable issuers to reach a wider investor base and allow investors to access real-time market data, enhance due diligence, and execute trades seamlessly. As a result, technology-driven efficiencies are expected to sustain the upward momentum in the corporate bonds market over the coming years.

From a regional perspective, North America remains the dominant force in the corporate bonds market, accounting for the largest share of global issuance and trading activity. However, Asia Pacific is rapidly emerging as a high-growth region, buoyed by robust economic expansion, financial market liberalization, and increasing corporate bond issuance from both established and emerging markets. Europe continues to exhibit steady growth, supported by regulatory harmonization and strong institutional demand, while Latin America and the Middle East & Africa are witnessing gradual market development driven by infrastructure investments and economic diversification efforts.

Investment Grade Bonds play a crucial role in the corporate bonds market, offering a reliable and stable investment option for risk-averse investors. These bonds are typically issued by corporations with strong credit ratings, ensuring a lower risk of default and providing consistent returns. The appeal of Investment Grade Bonds is particularly pronounced during periods of economic uncertainty, as they offer a safe haven for investors seeking to preserve capital while still achieving modest yields. Additionally, the regulatory environment often mandates institutional investors to hold a significant portion of their portfolios in high-quality assets, further bolstering the demand for Investment Grade Bonds. As the market continues to evolve, these bonds remain a cornerstone for conservative investment strategies, catering to the needs of pension funds, insurance companies, and other institutional entities.

Content

Providing daily updates of global economic developments, with coverage of high income- as well as developing countries. Daily data updates are provided for exchange rates, equity markets, and emerging market bond indices. Monthly data coverage (updated daily and populated upon availability) is provided for consumer prices, high-tech market indicators, industrial production and merchandise trade.

Context

This is a dataset hosted by the World Bank. The organization has an open data platform found here and they update their information according the amount of data that is brought in. Explore the World Bank using Kaggle and all of the data sources available through the World Bank organization page!

• Update Frequency: This dataset is updated daily.

Acknowledgements

This dataset is maintained using the World Bank's APIs and Kaggle's API.

Cover photo by Patrick Hendry on Unsplash
Unsplash Images are distributed under a unique Unsplash License.