World Data Lab

World Data Lab

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Our goal is to make data relevant, personal, tangible, and actionable. We believe that it can play an important role in understanding the social and economic developments of our time. Our hope is that people from all walks of life, in all ages and across all countries will explore a new perspective of their own life and find their own place in the world of today and tomorrow. Want to know more abo

28/05/2026

Today at 3pm CET | 9 AM EST.

In a severe scenario, the oil shock wipes out $2.2 trillion in consumer spending in 2026 — the equivalent of Italy's entire GDP.

Which categories break first? Which markets hold?

Join us live with World Bank Chief Economist Indermit Gill, Brookings Senior Fellow Homi Kharas, and McKinsey Global Institute's Anu Madgavkar as we take you through the data.

🔗 Register (free): https://eu1.hubs.ly/H0vHSTC0

21/05/2026

What happens to global consumer growth when oil prices double?

World Data Lab ran the numbers across three scenarios:

Pre-War trajectory: 118.8M new consumers ($13+/day)
Baseline: 112.6M
Adverse (oil +80%): 85.3M
Severe (oil +100%): 72.1M

That's 46.7M fewer new consumers in a single year under the severe scenario, nearly 40% below pre-war projections.

Full chart via : https://eu1.hubs.ly/H0vx6900

What does this mean for consumer spending strategy going forward? We're breaking it down live, register here: 🔗 https://eu1.hubs.ly/H0vx7qh0

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