IFC invests in the private sector in developing countries, and the following section details the development achievements of IFC investments in the different regions of the world. IFC’s development results are influenced by macroeconomic conditions and the business environment, by the sector composition of the portfolio, and the size of its investment.
Results Highlights (FY10) by Region:
- IFC’s Regional departments had smaller fluctuations than that experienced by the industry departments in their development results scores between FY09 and FY10. Results in Europe and Central Asia, where the impact of the crisis remains pronounced deteriorated by four percentage points, and by 18 percentage points since FY08. East Asia and Pacific improved by eight percentage points. The other four regions held their scores pretty much constant from FY09.
- As a result of the decline in development results score, Europe and Central Asia region dropped in ranking among regions from the third in FY09 to the last in FY10 at 66%, at par with Sub-Saharan Africa. The deterioration was mainly driven by weaker financial and economic performance, and to a much lesser extent due to lower private sector development impacts.
- East Asia and Pacific registered the biggest improvement in development results score among IFC regions in FY10 – by eight percentage points to 72%, which is above IFC average of 71%.The improvement was broad based, reflecting better performance across the portfolio but particularly strong performance of newer investments in private equity and investments funds, financial markets, and agribusiness sectors.
- Results of the Sub-Saharan Africa region remained about the same as in FY09 despite the global crisis. Investments that entered this year’s reporting pool did substantially better than those that exited. However, the region continued to be one of the weakest performers among IFC regions, with results dragged down by very poor performance of manufacturing and infrastructure investments.
Learn more about our results by region:
More about
IFC’s regional departments.
Overall Development Outcome - Results by Regional Department
