Summary
In 2024, Multilateral Development Banks and Development Finance Institutions achieved record levels of private finance mobilization. Total private mobilization reached $278.5 billion across all income levels and $108.7 billion for middle-income and low-income countries (MIC and LIC), representing year-on-year increases of 27 percent and 24 percent, respectively.
More specifically, mobilization in MIC rose sharply to $102.1 billion, a 31 percent increase from $77.7 billion in 2023 and the largest year-on-year increase since 2022.
The 2024 results also show strong growth in mobilization for short-term finance, with an increase of 52 percent compared with 2023. Mobilization for infrastructure in MIC and LIC rose by 10 percent over the same period, with a notable uptick in social infrastructure, including schools and hospitals.
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