It has estimate development of only 2.4% in 2024 and expressed higher financing costs were a central point.
Worldwide exchange and speculation would keep on being smothered by clashes in Ukraine and the Center East, it said.
Beyond the pandemic, development of 2.4% would be the most vulnerable since the 2009-09 monetary emergency.
It said the flexibility of the US economy implied last year's development was probably going to come at 2.6%.
Indermit Gill, boss financial expert, at the World Bank Gathering said: "Close term development will stay frail, leaving many emerging nations - particularly the most unfortunate - caught in a snare".
Issues he made sense of incorporate "deadening degrees of obligation and questionable admittance to nourishment for almost one out of each and every three individuals."
Worldwide development is at by and large "fair" levels and development in worldwide exchange stays drowsy, he added.
How might Red Ocean attacks affect worldwide exchange?
What China's monetary issues mean for the world
How does the World Bank respond?
The two times yearly lookahead cautioned that aftermath from the Israel Hamas struggle "has strongly increased international dangers". It said the disturbance to key delivery courses brought about by assaults on vessels in the Red Ocean improved the probability of "inflationary bottlenecks".
Political worry about rising costs was voiced by US Secretary of State Anthony Blinken on his continuous visit to the area on Monday. He tweeted that the assaults "have upset or redirected almost 20% of worldwide delivery. This builds the expense and season of moving food, fuel, medication, and philanthropic help."
It comes when national banks all over the planet are starting to feel that they are getting on top of the expense living emergency. Almost two years of consistent expansions in the expense of acquiring have brought expansion closer of the 2% objective in the US, UK and Eurozone and rates cuts are broadly anticipated for the current year.
Anyway those higher loan costs on the planet's greatest economies additionally make getting more costly in less fortunate nations and the World Bank is especially worried about how reasonable that is for the world's 75 most unfortunate nations.
This is one manner by which the report features that more extravagant nations are recuperating preferred from the pandemic over less fortunate countries.
"Toward the finish of 2024 we project that all exceptional economies will have a for every capita pay that is higher than whatever they had before Coronavirus" said Mr Gill.
Anyway he added the normal pay of a person in an arising economy will be 75% of the pre-Coronavirus level, while it very well may be basically as low as 66% in the least fortunate nations
There is specific worry about the expense of nourishment for the world's most unfortunate individuals, particularly given last year's 27% increment in the cost of rice, which has been connected to India seriously confining commodities. Anyway adequate supplies of different harvests, for example, grains mean normal food costs are set to fall 1% this year.
There is another update that China, the world's second greatest economy, keeps on being scourged by a hesitance for purchasers to burn through cash in the shops which has prompted costs falling. Joined with the huge obligations in its upset property area the economy is figure to become simply 4.5%.
That would be the least in many years and, surprisingly, underneath the humble 5% objective the public authority set for 2023. As well as unfamiliar organizations contributing less a portion of this log jam is a result of longer-term patterns, for example, a maturing populace and the hardships in keeping up with the speed of improvement seen throughout the course of recent years.
"That easing back development in China presents a headwind to other created economies, particularly those for which China is a significant exchange accomplice," said Mr Gill.
Generally speaking the World Bank is guaging that the five years to the furthest limit of 2024 will amount to the slowest half ten years of worldwide financial development in 30 years.
Anyway there is hopefulness that the pattern can be improved assuming state run administrations accomplish other things to empower the ventures, especially from the confidential area, that will be expected to handle difficulties including environmental change and the energy progress.
