world bank fiscal 2017 lending...

Annual Report 2017

World Bank Lending (Fiscal 2017)

Annual Report 2017

WORLD BANK LENDINGFiscal 2017

The International Bank for Reconstruction and Development (IBRD), the

International Development Association (IDA), the International Finance

Corporation (IFC), the Multilateral Investment Guarantee Agency (MIGA), and

the International Centre for Settlement of Investment Disputes (ICSID) are the

institutions that make up the World Bank Group.

The World Bank Group is one of the world’s largest sources of funding and

knowledge for developing countries, and is committed to reducing poverty,

increasing shared prosperity, and promoting sustainable development.

In fiscal 2017, IBRD, IDA, IFC, and MIGA collectively provided nearly $59 billion in

loans, grants, equity investments, and guarantees to partner countries and

private businesses—including to multiregional and global projects.

World Bank Lending │ Fiscal 20171

The World Bank is comprised of the International Bank for Reconstruction and

Development (IBRD) and the International Development Association (IDA), and it

is committed to the goals of ending extreme poverty and boosting shared

prosperity, and to achieving both goals in a sustainable manner.

Owned by its 189 member countries, the World Bank is a global development

cooperative. It is the largest development bank in the world, and it provides

financing, knowledge, and convening services to help client countries address

their most important development challenges.

The World Bank is solutions-oriented, focused on clients, accountable for quality

results, and dedicated to financial integrity and cost-effectiveness. It is

committed to improving the lives of roughly a billion people now living in

extreme poverty.


The International Bank for Reconstruction

and Development (IBRD)

Established 1944 │ 189 member countries

Fiscal 2017 commitments

$22.6 billion for

133 approved operations

Cumulative lending (since 1945)

$681.3 billion

The International Development

Association (IDA)

Established 1960 │ 173 member countries

Fiscal 2017 commitments

$19.5 billion for

261 approved operations

Cumulative lending (since 1960)

$345.5 billion

3 World Bank Lending │ Fiscal 2017


IBRD and IDA Board of Executive Directors and Alternatesas of June 30, 2017

Dr. Jim Yong KimPresident of the World Bank Group and Chairman of the Board of Executive Directors

Executive Directors Alternates

Khalid Alkhudairy Turki Dhaifallah AlmutairiJason Allford Hoe Jeong KimSeydou Bouda Jean-Claude TchatchouangOmar Bougara Nasir Mahmood KhosaAndrew Bvumbe Anne KabagambeOtaviano Canuto Diana QuinteroHervé de Villeroché Benoit Paul Eleuthere CatzarasSubhash Garg Muhammad Musharraf Hossain BhuiyanFranciscus Godts Guenther SchoenleitnerWerner Gruber Paulina GomulakAndin Hadiyanto Pornwasa SirinupongsMerza Hasan Ragui El-EtrebyFrank Heemskerk Claudiu DoltuChristine Hogan Peteranne Tamara DonaldsonFernando Jiménez Latorre Rodrigo Carriedo HaroKazuhiko Koguchi Daiho FujiiBongi Kunene Haruna MohammedAndrei Lushin Eugene B. MiagkovKaren Mathiasen (Vacant)Patrizio Pagano Nuno Mota PintoMelanie Robinson Clare RobertsMaximo Torero Daniel PieriniSusan Anette Ulbaek Martin PoderYingming Yang Minwen ZhangJuergen Zattler Claus Michael Happe

Fiscal Year Summary

In fiscal 2017, the World Bank (IBRD/IDA) committed $42.1 billion to partner countries, distributed in credits, loans, grants, and guarantees.


Fiscal Year Summary

In fiscal 2017, IBRD committed $22.6 billion for 133 new operations.

IDA committed $19.5 billion for 261 new operations.


Fiscal Year SummaryIBRD’s commitments of $22.6 billion reflect

the institution’s careful attention to ensure continued strong capital adequacy ratios and prudent financial management into the future while responding to client countries’ most pressing development challenges.


Fiscal Year SummaryIDA commitments of $19.5 billion reflect

strong demand for financing, as well as IDA’s efforts to better leverage resources and expand financing options for borrowing countries. These commitments included $16.2 billion in credits, $3.2 billion in grants, and $50 million in guarantees.


As of fiscal year 2017, new sector and theme categories have replaced the previous taxonomy as part of an internal data modernization effort. The data presented here reflects this new taxonomy.

Theme categories are not mutually exclusive; therefore, shares may sum to more than 100 percent of project financing and cannot be represented as a pie chart.

As a result of rounding, numbers in the following figures may not add to totals, and percentages in figures may not add to 100.

All dollar amounts reported are current U.S. dollars.

Note:


28%

17%

13%

14%

14%

14%

Share of total lending of $42.1 billion

Africa

East Asia and Pacific

Europe and Central Asia

Latin America and the Caribbean

Middle East and North Africa

South Asia

IBRD and IDA Lending by Region │ Fiscal 2017


5%

19%

20%

24%

22%

10%


Africa





South Asia

IBRD Lending by Region │ Fiscal 2017The largest share of IBRD lending went to Latin America and the Caribbean


55%

14%

4%

3%

5%

20%


Africa





South Asia

IDA Lending by Region │ Fiscal 2017The largest share of IDA lending went to Africa


7%

7%

15%

7%

6%

10%2%

16%

6%

14%

10%


Agriculture, Fishing, and Forestry

Education

Energy and Extractives

Financial Sector

Health

Social Protection

Industry, Trade, and Services

Information and CommunicationsTechnologiesPublic Administration

Transportation

Water, Sanitation, and WasteManagement

IBRD and IDA Lending by Sector │ Fiscal 2017


IBRD and IDA Lending by Theme │ Fiscal 2017


Theme Commitments (US dollar millions)

Economic Policy 3,468

Environment and Natural Resources Management 13,013

Finance 4,837

Human Development and Gender 9,158

Private Sector Development 10,578

Public Sector Management 5,452

Social Development and Protection 3,482

Urban and Rural Development 14,289

Note: As of fiscal year 2017, new sector and theme categories have replaced the previous taxonomy as part of an internal data modernization effort. Themes are not mutually exclusive; therefore, shares may sum to more than 100 percent of project financing and cannot be represented as a pie chart.

$2,420

$1,776 $1,692 $1,687

$1,525 $1,500 $1,485

$1,083

$650 $625

$0

$500

$1,000

$1,500

$2,000

$2,500

$3,000

Com

mit

men

ts ($

mill

ions

)

IBRD Top-10 Borrowers │ Fiscal 2017


$1,601 $1,512

$1,205 $1,152

$903 $900

$783 $736 $710

$640

$0

$200

$400

$600

$800

$1,000

$1,200

$1,400

$1,600

$1,800

Com

mit

men

ts ($

mill

ions

)

IDA Top-10 Borrowers │ Fiscal 2017


Regional Lendingby Theme and Sector

Africa Regional Snapshot


INDICATOR 2000 2010CURRENT

DATAa TREND

Total population (millions) 670 877 1,033Population growth (annual %) 2.7 2.8 2.7GNI per capita (Atlas method, current US$) 503 1,282 1,504GDP per capita growth (annual %) 0.9 2.6 -1.5Population living on less than $1.90 a day (millions) 391b 399 389Life expectancy at birth, females (years) 51 57 60Life expectancy at birth, males (years) 49 55 58Youth literacy rate, females (% ages 15–24) 62 66 66Youth literacy rate, males (% ages 15–24) 75 77 77Carbon dioxide emissions (megatons) 556 747 784

SDG 1.1 Extreme poverty (% population below $1.90 a day, 2011 PPP) 55.6b 45.7 41.0SDG 2.2 Prevalence of stunting, height for age (% children under 5) 43 38 35SDG 3.1 Maternal mortality ratio (modeled estimate, per 100,000 live births) 846 625 547SDG 3.2 Under-5 mortality rate (per 1,000 live births) 154 101 83SDG 4.1 Primary completion rate (% relevant age group) 54 68 69SDG 5 Ratio of female to male labor force participation rate (modeled ILO estimate, %) 81 84 84SDG 5.5 Proportion of seats held by women in national parliaments (% total) 12 19 24SDG 6.1 Access to safe drinking water (% population with access) 55 63 68SDG 6.2 Access to basic sanitation facilities (% population with access) 25 28 30SDG 7.1 Access to electricity (% population) 27 32 37SDG7.2 Renewable energy consumption (% total final energy consumption) 73 72 70SDG 17.8 Individuals using the Internet (% population) 0.5 10 22

MONITORING THE SUSTAINABLE DEVELOPMENT GOALS (SDGs)

Note: ILO = International Labour Organization; PPP = purchasing power parity. a. The most current data available between 2013 and 2016; visit http://data.worldbank.org for data updates.b. 2002 data.

$7,525

$10,613

$11,569

$9,346

$11,842

$0

$2,000

$4,000

$6,000

$8,000

$10,000

$12,000

$14,000

2013 2014 2015 2016 2017

Com

mit

men

ts ($

mill

ions

)

AfricaTotal IBRD and IDA Lending Trends │ Fiscal 2013–17


11%

8%

14%

1%5%

8%

2%

12%

7%

18%

14%



Education


Financial Sector

Health



Social Protection

Transportation


Africa IBRD and IDA Lending by Sector │ Fiscal 2017


Africa IBRD and IDA Lending by Theme │ Fiscal 2017





Finance 333




Social Development and Protection 1,278



East Asia and Pacific Regional Snapshot


INDICATOR 2000 2010

CURRENT DATAa TREND

Total population (millions) 1,813 1,965 2,051Population growth (annual %) 1.0 0.7 0.7GNI per capita (Atlas method, current US$) 915 3,780 6,680GDP per capita growth (annual %) 6.4 9.0 5.6Population living on less than $1.90 a day (millions) 535b 218 71Life expectancy at birth, females (years) 72 75 76Life expectancy at birth, males (years) 68 71 72Youth literacy rate, females (% ages 15–24) 98 99 99Youth literacy rate, males (% ages 15–24) 98 99 99Carbon dioxide emissions (megatons) 4,197 10,054 11,641

SDG 1.1 Extreme poverty (% population below $1.90 a day, 2011 PPP) 29.0b 11.1 3.5SDG 2.2 Prevalence of stunting, height for age (% children under 5) 27 18 15SDG 3.1 Maternal mortality ratio (modeled estimate, per 100,000 live births) 120 79 63SDG 3.2 Under-5 mortality rate (per 1,000 live births) 42 23 18SDG 4.1 Primary completion rate (% relevant age group) 92 104 98SDG 5 Ratio of female to male labor force participation rate (modeled ILO estimate, %) 82 80 79SDG 5.5 Proportion of seats held by women in national parliaments (% total) 17 18 20SDG 6.1 Access to safe drinking water (% population with access) 80 90 94SDG 6.2 Access to basic sanitation facilities (% population with access) 59 70 75SDG 7.1 Access to electricity (% population) 89 95 96SDG7.2 Renewable energy consumption (% total final energy consumption) 32 20 20SDG 17.8 Individuals using the Internet (% population) 2 29 45



$6,247 $6,313 $6,342

$7,500 $7,107

$0

$1,000

$2,000

$3,000

$4,000

$5,000

$6,000

$7,000

$8,000

2013 2014 2015 2016 2017

Com

mit

men

ts ($

mill

ions

)

East Asia and Pacific Total IBRD and IDA Lending Trends │ Fiscal 2013–17


7%5%

3% 2%

10%

17%

3%10%

6%

20%

16%



Education


Financial Sector

Health



Social Protection

Transportation


East Asia and Pacific IBRD and IDA Lending by Sector │ Fiscal 2017


East Asia and Pacific IBRD and IDA Lending by Theme │ Fiscal 2017


0%


Economic Policy 736


Finance 1,001


Private Sector Development 916

Public Sector Management 441

Social Development and Protection 324



Europe and Central Asia Regional Snapshot


INDICATOR 2000 2010

CURRENT DATAa TREND

Total population (millions) 397 403 417Population growth (annual %) 0.0 0.5 0.6GNI per capita (Atlas method, current US$) 1,788 7,492 7,676GDP per capita growth (annual %) 7.9 4.6 0.8Population living on less than $1.90 a day (millions) 29b 14 10Life expectancy at birth, females (years) 73 75 77Life expectancy at birth, males (years) 63 66 68Youth literacy rate, females (% ages 15–24) 98 100 100Youth literacy rate, males (% ages 15–24) 99 100 100Carbon dioxide emissions (megatons) 2,712 3,036 3,164




$5,320 $5,527

$7,207 $7,272

$5,308

$0

$1,000

$2,000

$3,000

$4,000

$5,000

$6,000

$7,000

$8,000

2013 2014 2015 2016 2017

Com

mit

men

ts ($

mill

ions

)

Europe and Central Asia Total IBRD and IDA Lending Trends │ Fiscal 2013–17


7%2%

41%

14%

4%

3%< 1%

12%

3%

11%

2%



Education


Financial Sector

Health



Social Protection

Transportation


Europe and Central Asia IBRD and IDA Lending by Sector │ Fiscal 2017


Europe and Central Asia IBRD and IDA Lending by Theme │ Fiscal 2017



Economic Policy 54


Finance 967

Human Development and Gender 436




Urban and Rural Development 691


INDICATOR 2000 2010

CURRENT DATAa TREND

Total population (millions) 500 570 610Population growth (annual %) 1.5 1.2 1.1GNI per capita (Atlas method, current US$) 3,919 7,765 8,010GDP per capita growth (annual %) 2.3 4.7 -1.8Population living on less than $1.90 a day (millions) 71b 39 34Life expectancy at birth, females (years) 75 77 78Life expectancy at birth, males (years) 68 71 72Youth literacy rate, females (% ages 15–24) 97 98 98Youth literacy rate, males (% ages 15–24) 96 98 98Carbon dioxide emissions (megatons) 1,226 1,557 1,711




Latin America and the Caribbean Regional Snapshot


$5,204 $5,068

$6,024

$8,218

$5,876

$0

$2,000

$4,000

$6,000

$8,000

$10,000

2013 2014 2015 2016 2017

Com

mit

men

ts ($

mill

ions

)

Latin America and the Caribbean Total IBRD and IDA Lending Trends │ Fiscal 2013–17


6%

10%

9%

4%

4%

11%32%

3%

10%

11%



Education


Financial Sector

Health



Social Protection

Transportation

Water, Sanitation, and WasteManagement2%

Latin America and the Caribbean IBRD and IDA Lending by Sector │ Fiscal 2017


Latin America and the Caribbean IBRD and IDA Lending by Theme │ Fiscal 2017


2%


Economic Policy 387


Finance 794







INDICATOR 2000 2010CURRENT

DATAa TREND

Total population (millions) 281 336 374Population growth (annual %) 1.9 1.8 1.7GNI per capita (Atlas method, current US$) 1,568 3,914 4,565GDP per capita growth (annual %) 2.3 3.6 -0.4

Population living on less than $1.90 a day (millions)c 9b 7c — —

Life expectancy at birth, females (years) 71 74 75Life expectancy at birth, males (years) 67 69 71Youth literacy rate, females (% ages 15–24) 81 90 90Youth literacy rate, males (% ages 15–24) 91 94 94Carbon dioxide emissions (megatons) 873 1,313 1,381

SDG 1.1 Extreme poverty (% population below $1.90 a day, 2011 PPP)c 3.0b 2.1c — —

SDG 2.2 Prevalence of stunting, height for age (% children under 5) 24 19 17SDG 3.1 Maternal mortality ratio (modeled estimate, per 100,000 live births) 125 99 90SDG 3.2 Under-5 mortality rate (per 1,000 live births) 45 29 25SDG 4.1 Primary completion rate (% relevant age group) 81 92 92SDG 5 Ratio of female to male labor force participation rate (modeled ILO estimate, %) 25 27 27SDG 5.5 Proportion of seats held by women in national parliaments (% total) 4 11 18SDG 6.1 Access to safe drinking water (% population with access) 88 90 93SDG 6.2 Access to basic sanitation facilities (% population with access) 78 86 90SDG 7.1 Access to electricity (% population) 91 95 96SDG7.2 Renewable energy consumption (% total final energy consumption) 3 3 3SDG 17.8 Individuals using the Internet (% population) 1 21 39


Note: ILO = International Labour Organization; PPP = purchasing power parity. Recent poverty data for this region is unavailable due to low survey data coverage.a. The most current data available between 2013 and 2016; visit http://data.worldbank.org for data updates.b. 2005 data.c. 2008 data.

Middle East and North Africa Regional Snapshot


$2,058

$2,788

$3,492

$5,201

$5,880

$0

$1,000

$2,000

$3,000

$4,000

$5,000

$6,000

$7,000

2013 2014 2015 2016 2017

Com

mit

men

ts ($

mill

ions

)

Middle East and North Africa Total IBRD and IDA Lending Trends │ Fiscal 2013–17


15%

15%

7%

13%

23%

13%

4% 4%



Education


Financial Sector

Health



Social Protection

Transportation


1% 2%

3%

Middle East and North Africa IBRD and IDA Lending by Sector │ Fiscal 2017


Middle East and North Africa IBRD and IDA Lending by Theme │ Fiscal 2017



Economic Policy 265


Finance 562





Urban and Rural Development 306



South Asia Regional Snapshot

INDICATOR 2000 2010

CURRENT DATAa TREND

Total population (millions) 1,387 1,631 1,766Population growth (annual %) 1.9 1.4 1.3GNI per capita (Atlas method, current US$) 441 1,160 1,616GDP per capita growth (annual %) 2.2 7.5 5.5Population living on less than $1.90 a day (millions) 552b 400 256Life expectancy at birth, females (years) 64 68 70Life expectancy at birth, males (years) 62 66 67Youth literacy rate, females (% ages 15–24) 64 79 79Youth literacy rate, males (% ages 15–24) 81 87 87Carbon dioxide emissions (megatons) 1,181 1,970 2,303

SDG 1.1 Extreme poverty (% population below $1.90 a day, 2011 PPP) 38.5b 24.6 15.1SDG 2.2 Prevalence of stunting, height for age (% children under 5) 51 41 36SDG 3.1 Maternal mortality ratio (modeled estimate, per 100,000 live births) 388 228 182SDG 3.2 Under-5 mortality rate (per 1,000 live births) 94 64 53SDG 4.1 Primary completion rate (% relevant age group) 70 88 91SDG 5 Ratio of female to male labor force participation rate (modeled ILO estimate, %) 43 38 37SDG 5.5 Proportion of seats held by women in national parliaments (% total) 8 20 19SDG 6.1 Access to safe drinking water (% population with access) 80 89 92SDG 6.2 Access to basic sanitation facilities (% population with access) 29 40 45SDG 7.1 Access to electricity (% population) 57 75 80SDG7.2 Renewable energy consumption (% total final energy consumption) 53 42 39SDG 17.8 Individuals using the Internet (% population) 0.5 7 24



$4,474

$10,535

$7,860 $8,363

$6,061

$0

$2,000

$4,000

$6,000

$8,000

$10,000

$12,000

2013 2014 2015 2016 2017

Com

mit

men

ts ($

mill

ions

)

South Asia Total IBRD and IDA Lending Trends │ Fiscal 2013–17


2%

12%

14%

17%

5%8%4%

12%

7%

13%

6%



Education


Financial Sector

Health



Social Protection

Transportation


South Asia IBRD and IDA Lending by Sector │ Fiscal 2017


South Asia IBRD and IDA Lending by Theme │ Fiscal 2017





Finance 1,180







Sectoral Lending by Region

49%

19%

13%

12%

3%5%


Africa





South Asia

Agriculture, Fishing, and Forestry IBRD and IDA Lending by Region │ Fiscal 2017


34%

13%

4%

20%

25%


Africa





South Asia

4%

Education IBRD and IDA Lending by Region │ Fiscal 2017


26%

3%

35%

8%

14%

14%


Africa





South Asia

Energy and Extractives IBRD and IDA Lending by Region │ Fiscal 2017


4%4%

24%

7%

28%

33%


Africa





South Asia

Financial Sector IBRD and IDA Lending by Region │ Fiscal 2017


24%

28%

8%

9%

17%

13%


Africa





South Asia

HealthIBRD and IDA Lending by Region │ Fiscal 2017


23%

29%

3%

12%


Africa





South Asia

Industry, Trade, and ServicesIBRD and IDA Lending by Region │ Fiscal 2017


15%

18%

27%

20%

< 1%

12%

18%

22%


Africa





South Asia

Information and Communications TechnologiesIBRD and IDA Lending by Region │ Fiscal 2017


20%

11%

10%

28%

11%


Africa





South Asia

20%

Public Administration IBRD and IDA Lending by Region │ Fiscal 2017


29%

16%

5%6%

29%

15%


Africa





South Asia

Social Protection IBRD and IDA Lending by Region │ Fiscal 2017


37%

25%

10%

10%

4%

14%


Africa





South Asia

Transportation IBRD and IDA Lending by Region │ Fiscal 2017


41%

27%

3%

15%

5%

8%


Africa





South Asia

Water, Sanitation, and Waste Management IBRD and IDA Lending by Region │ Fiscal 2017


Thematic Lending by Region


Economic Policy IBRD and IDA Lending by Region │ Fiscal 2017

Region Commitments (US dollar millions)

Africa 1,002

East Asia and Pacific 736

Europe and Central Asia 54

Latin America and the Caribbean 387

Middle East and North Africa 265

South Asia 1,023


Environment and Natural Resources ManagementIBRD and IDA Lending by Region │ Fiscal 2017


5%


Africa 4,258

East Asia and Pacific 1,865

Europe and Central Asia 2,573

Latin America and the Caribbean 1,520

Middle East and North Africa 1,086

South Asia 1,710


FinanceIBRD and IDA Lending by Region │ Fiscal 2017



Africa 333





South Asia 1,180


Human Development and GenderIBRD and IDA Lending by Region │ Fiscal 2017


42%


Africa 3,621





South Asia 1,744


Private Sector DevelopmentIBRD and IDA Lending by Region │ Fiscal 2017



Africa 3,409





South Asia 1,502


Public Sector ManagementIBRD and IDA Lending by Region │ Fiscal 2017



Africa 1,689





South Asia 420


Social Development and ProtectionIBRD and IDA Lending by Region │ Fiscal 2017



Africa 1,278





South Asia 661


Urban and Rural DevelopmentIBRD and IDA Lending by Region │ Fiscal 2017



Africa 5,643





South Asia 1,727


For more information visit

worldbank.org/annualreport


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