Protecting Your Privacy: We will never call or email you asking for money. There is no fee to apply. Close

What is the World Bank Funding?

A look at what is being funded by the world bank

IBRD and IDA: Two Institutions That Comprise the World Bank

The IBRD is an international organization whose original mission was to finance the reconstruction of nations devastated by World War II. Now, its mission has expanded to fight poverty by means of financing states. IDA is responsible for providing long-term, interest-free loans to the worldÂ’'s 80 poorest countries, 39 of which are in Africa.

Total IBRD-IDA Lending by Sector

During the 2008 fiscal year, 6 percent went to agriculture, fishing and forestry,

8 percent went to education and 17 percent went to energy and mining.

Another 6 percent went to finance, 7 percent went to health and other social services, 6 percent went to industry and trade and 1 percent went to information and communication. Another 21 percent went to law and justice and public administration, 9 percent went to transportation and 10 percent went to water, sanitation and flood protection.

In millions of dollars, the amount lent in 2003 was $18,513.2, the amount lent in 2004 was $20,080.2 million, the amount lent by the World Bank in 2005 was $22,307.0 million, the amount lent in 2006 was $23,641.2 million, the amount lent by the World Bank in 2007 was $24,695.8 million and the amount lent in 2008 was $24,702.3 million.

Of those amounts, the amount in millions lent by the IBRD in 2003 was about $7,500 and the amount lent by the IDA was about $11,000. The amount in millions lent by the IBRD in 2004 was about $9,000 and the amount lent by the IDA was about $11,000. In 2005, the amount in millions lent by the IBRD was about $8,300 and the amount lent by the IDA was about $14,000. In 2006, the amount in millions lent by the IBRD was about $9,500 and the amount lent by the IDA was about $14,100. In 2007, the amount in millions lent by the IBRD was about $12,000 and the amount lent by the IDA was about $12,700. In 2008, the amount in millions lent by the IBRD was about $11,400 and the amount lent by the IDA was about $13,300.

Total IBRD Lending by Region

During the 2008 fiscal year, the total lending amount of the IBRD was $13.5 billion. Of that amount, 28 percent went to Europe and Central Asia. East Asia and the Pacific received 20 percent. Latin America and the Caribbean received 32 percent. The Middle East and North Africa got 9 percent. The rest of Africa got less than 1 percent. South Asia received 11 percent.

Top 10 Trust Fund Donors

In millions, the amount from the United Kingdom in 2007 was about $1,200. In 2008, that amount in millions was about $1,100. In millions, the amount that came from the United States in 2007 was about $800. In 2008, that amount in millions was about $820. In millions, the amount from Italy in 2007 was about $80. In 2008, that amount in millions was about $800. In millions, the amount from France in 2007 was about $300. In 2008, that amount in millions was about $800. In millions, the amount from the European Commission in 2007 was about $700. In 2008, the amount in millions was about $750.

In millions, the amount from the Netherlands in 2007 was about $850. In 2008, that amount in millions was about $750. In millions, the amount from Canada 2007 was about $600. In 2008, the amount in millions was about $590. In millions, the amount from Germany in 2007 was about $300. In 2008, that amount in millions was about $500. In millions, the amount from Norway in 2007 was about $250. In 2008, that amount in millions was about $450. In millions, the amount from Japan in 2007 was about $410. In 2008, that amount in millions was about $400. All other countries represented about $2,500 in millions.

All figures are reported on a cash basis, unlike previous reports in which some were reported on an accrual basis. Fiscal 2007 figures have been restated accordingly.

Sources of IDA Funding

IDA13: During fiscal years 2003-2005, the sources of IDA funding were about $12 billion in donor contributions, about $2 billion from IBRD and IFC net income contribution and about $9 billion in IDA internal resources.

IDA14: During fiscal years 2006-2008, the sources of IDA funding were about $15 billion in donor contributions, about $4 billion from donor compensation for MDRI debt forgiveness, about $3 billion from IBRD and IFC net income contribution and about $6 billion in IDA internal resources.

IDA15: During fiscal years 2009-2011, the sources of IDA funding are about $25 billion in donor contributions, about $5 billion from donor compensation for MDRI debt forgiveness, about $5 billion from IBRD and IFC net income contribution and about $6 billion in IDA internal resources.

IDA internal resources include principal repayments, charges less administrative expenses and investment income.