Summary
Private capital mobilized by multilateral development banks (MDBs) to middle- and low-income countries rose $87.9 billion in 2023, marking a 24 percent increase from the previous year, according to the most recent report on mobilization by MDBs and development finance institutions (DFIs). This was the largest increase since MDBs began to report jointly seven years ago.
The report found that mobilization to lower income countries alone rose 40 percent to $10.2 billion, an all-time high for mobilizing private capital to these countries. Mobilization to the UN’s category of least developed countries rose an annual 55 percent to $14.6 billion.
This edition also highlights how MDBs are developing new mobilization products and approaches. In response to these new products, MDBs are reviewing their joint methodology for estimating private capital mobilization to enhance the rigor, completeness, and transparency of their reporting.
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