Inter-American Development Bank Sovereign-Guaranteed Lending: Historical Default & Loss Rates

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Date
Aug 2024
This note summarizes the key IDB Sovereign-Guaranteed (SG) borrower defaults and loss rate statistics. The report shows how, since its incorporation, the performance of the Bank's SG loan portfolio has been outstanding, with no loss on principal, interest, or fees, only the financial losses resulting from foregone return on late interest payments during eight non-accrual events (with only five borrowing countries). The loss rates for resolved SG borrower non-accrual events do not include the ongoing episode with Venezuela.

The publication supports G20 CAF Review expectations for greater transparency and disaggregated data disclosure from Multilateral Development Banks (MDBs).

The supporting information used in this report has been contributed to the Global Emerging Markets Risk Database Consortium (GEMs), pooling data from 25 multilateral development banks (MDBs) and development finance institutions to help demystify perceived risks of investments in emerging markets and increase confidence among investors.
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