Earlier today, the new data.worldbank.org launched. As I reported for Radar this afternoon, added widgets, maps and an API make World Bank data sing.

The Bank is increasing the number of indicators available on the site from 339 to more than 1,200, and it has substantially improved its API. Four different languages are supported on the site, along with an improved data browser, feedback buttons, instant search, and embeddable widgets.

“The new site shows the art of the possibility,” said Eric Gundersen of Development Seed, the D.C.-based Drupal shop behind the World Bank’s data catalog. “This is really actionable information. So many more NGOs [non-governmental organizations] can now make data-informed decisions if they have access.”

Below, I’ve embedded a video on the power of geo-coding aid.

From the blog:

A team of researchers from Development Gateway and AidData have worked with the World Bank to add detailed subnational geographical information to all of the Bank’s active projects in the Africa and Latin America region. This isn’t just pins in a map showing the country where the money is spent: they have looked through the project documentation to find out as far as possible the geographic coordinates of the actual locations where aid the activities take place.

This video by AidData explains brilliantly what geocoding means, and why its important.

As I also reported at Radar, the World Bank wil be running an Apps for Development contest, launching on Oct. 7.  In addition to the contest, the World Bank will host an open forum on Oct. 7 that will feature experts from the open data movement via live webcasts and a 24-hour chatroom.