The bank forecasts that global GDP will grow by 3.2% this year, up from 2.4% in 2016, with much of the pick-up coming from developed economies.
Developing nations will grow by 5.3% this year, up from 4.8% in 2016.
In an interview with BBC economics correspondent Andrew Walker, World Bank economist Andrew Burns acknowledged that Brazil, Turkey, India and Indonesia were among the countries that could be vulnerable to the impact of US stimulus withdrawal.
However he also noted that the first concrete steps taken by the Federal Reserve to cut back its programme of buying financial assets last month did not severely disturb the markets.
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