World Data Lab

We forecast what every consumer on earth will spend.

World Data Lab began in a Vienna co-working space with two economists and a question about poverty. It is now around fifty people in Vienna, Washington DC and Nairobi.

Two World Bank economists started World Data Lab in 2014 to fix the data on developing countries.

Homi Kharas had spent twenty-six years at the World Bank, and Wolfgang Fengler had worked there too. Both knew how often the figures on the fastest-growing countries were years old, estimated from a survey that was never repeated, or missing altogether.

They set out to build the numbers themselves, person by person, and wrote the mission down as making everyone count. The first result was Population.io, and Wolfgang's TED talk about it put the new lab on the map.

Dr Homi Kharas
Dr Homi KharasCo-founder and chief economist. Twenty-six years at the World Bank; a board member of World Data Lab.
Dr Wolfgang Fengler
Dr Wolfgang FenglerCo-founder and chief executive. A World Bank alumnus; host of Data Talks.

How we got here.

  1. 2014

    The lab opens in Vienna

    Homi Kharas and Wolfgang Fengler found World Data Lab. Population.io, which tells anyone their place in the world's population, is its first product.

  2. 2017

    The World Poverty Clock

    From two tables in a Vienna co-working space, the lab publishes the World Poverty Clock and asks whether people are really getting poorer. Clocks on hunger, water, migration and skills follow.

  3. 2018

    From demography to spending

    Market Pro, now World Data Intelligence, extends the demographic engine into forecasts of consumer spending. The Washington DC office opens.

  4. 2022

    Nairobi

    The Nairobi office opens, so African insights are built by African data scientists. The Internet Poverty Index marks the shift from measuring existing indicators to creating new ones.

  5. 2023

    Series A

    A team of more than fifty, a new office and a Series A round from Sparring Capital Partners, CHI Impact Capital and Catagonia.

  6. 2025

    Ten years, and a new round

    A multi-million round led by Sparring Capital takes the model beyond consumer goods into technology and other industries, and into AI across World Data Intelligence. Data Talks, the podcast, launches the same month.

  7. Today

    Eight billion people, one model

    World Data Intelligence projects spending for 194 countries to 2050 and more than 9,400 cities to 2040, across 200+ categories, and is used by Uber, Coca-Cola, Colgate-Palmolive and a global beauty brand.

The World Data Lab team in the Vienna office
The Vienna office, Untere Donaustraße 11, with Henry Armour, president and chief executive of NACS.

Who we build with.

Trusted by global brands

DeloitteMarsHenkelBrown-FormanBoltonCabotUberTapestryCoca-ColaColgateSpotifyL'OréalDeloitteMarsHenkelBrown-FormanBoltonCabotUberTapestryCoca-ColaColgateSpotifyL'Oréal

Let's talk through your market question.

Tell us the decision you are trying to make, and we will show you the forecasts that bear on it.