The World Bank Group mobilized $112 billion in private capital in fiscal 2026, more than triple the $35 billion of fiscal 2022, according to its Annual Report 2026: Investing in People, Investing in Prosperity, which covers July 2025 to June 2026. The Group announced the record on 17 September 2026 and placed jobs at the center of its strategy.
For impact investors, development finance professionals and organizations seeking co-financing, the report shows where the world’s largest development lender is steering capital and how much private money it now brings with it.
About the report
| Publisher | World Bank Group (World Bank, IFC, MIGA, ICSID) |
| Released | Fiscal 2026 results announced 17 September 2026 |
| Title | World Bank Group Annual Report 2026: Investing in People, Investing in Prosperity |
| Data covered | Fiscal year 2026 (July 2025 to June 2026): financing, private capital mobilization, guarantees and results |
| Latest edition? | Yes, as of November 2026. Published every year. |
Key findings
- Private capital mobilized rose from $35 billion in fiscal 2022 to $112 billion in fiscal 2026, and total financing and mobilization in developing economies was well over $200 billion, according to the World Bank Group.
- Financing from the Group’s own resources rose from $98 billion to $123.5 billion over five years, the Annual Report shows.
- The Group issued more than $25 billion in guarantees, reaching its 2030 target of $20 billion a year four years early.
- Mobilization in Africa rose from about $9 billion in fiscal 2022 to $22 billion in fiscal 2026, and in lower-middle-income countries from $14 billion to $37 billion. In low-income countries it held at about $3 billion.
- IFC committed a record $105.6 billion in fiscal 2026, including more than $73.6 billion mobilized from other investors, according to IFC.
- 55% of total financing went to five job-rich sectors. The Group notes that 1.2 billion young people will reach working age in developing economies over the next 10 to 15 years, while about 420 million jobs are projected to be created.
Private capital mobilized by income group, fiscal 2022 vs fiscal 2026, according to the World Bank Group:
| Group | FY22 | FY26 |
|---|---|---|
| Total | $35 billion | $112 billion |
| Upper-middle-income countries | $12 billion | $50 billion |
| Lower-middle-income countries | $14 billion | $37 billion |
| Africa | About $9 billion | $22 billion |
| Low-income countries | About $3 billion | About $3 billion |
What the report means for impact investors and development organizations
- Blended finance is now the main channel. With private mobilization close to the Group’s own lending, projects that can attract co-investors and use guarantees are the ones most likely to be financed.
- The poorest countries are left behind. Mobilization in low-income countries did not grow. Philanthropy, grants and concessional finance remain essential there, and impact investors with higher risk tolerance can fill part of the gap.
- Jobs are the metric that counts. With financing steered to job-rich sectors, organizations that measure jobs created and income gains will speak the same language as the Group’s teams.
- Africa is a growing destination. Mobilization in Africa more than doubled in four years, which widens the pool of co-financing for African projects.
For the jobs and poverty context, see our summary of the World Bank’s Poverty, Prosperity, and Planet Report 2026, and for the Annual Meetings themselves, our coverage of the 2026 Annual Meetings.
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The World Bank Group publishes the full Annual Report free of charge. The report is published by the World Bank Group, not by Impact DOTS.
FAQ
$112 billion, more than triple the $35 billion of fiscal 2022, a record for the Group.
A record $105.6 billion, including more than $73.6 billion mobilized from other investors.
About $22 billion in fiscal 2026, up from about $9 billion in fiscal 2022.
July 2025 to June 2026.
Sources
- World Bank Group: Record private capital mobilization, press release, 17 September 2026
- World Bank Group Annual Report 2026: One World Bank Group
- IFC: Annual Report 2026




