IBRD only | Investment in energy with private participation (current US$)
Investment in energy projects with private participation refers to commitments to infrastructure projects in energy (electricity and natural gas: generation, transmission and distribution) that have reached financial closure and directly or indirectly serve the public. Movable assets and small projects such as windmills are excluded. The types of projects included are management and lease contracts, operations and management contracts with major capital expenditure, greenfield projects (in which a private entity or a public-private joint venture builds and operates a new facility), and divestitures. Investment commitments are the sum of investments in facilities and investments in government assets. Investments in facilities are the resources the project company commits to invest during the contract period either in new facilities or in expansion and modernization of existing facilities. Investments in government assets are the resources the project company spends on acquiring government assets such as state-owned enterprises, rights to provide services in a specific area, or the use of specific radio spectrums. Data is presented based on investment year. Data are in current U.S. dollars. Development relevance: Investment in infrastructure projects with private participation has made important contributions to easing fiscal constraints, improving the efficiency of infrastructure services, and extending delivery to poor people. Developing countries have been in the forefront, pioneering better approaches to infrastructure services and reaping the benefits of greater competition and customer focus. Entrepreneurship is essential to the dynamism of the modern market economy, and a greater entry density of new businesses can foster competition and economic growth. Private sector development and investment - tapping private sector initiative and investment for socially useful purposes - are critical for poverty reduction. In parallel with public sector efforts, private investment, especially in competitive markets, has tremendous potential to contribute to growth. Private markets are the engine of productivity growth, creating productive jobs and higher incomes. And with government playing a complementary role of regulation, funding, and service provision, private initiative and investment can help provide the basic services and conditions that empower poor people - by improving health, education, and infrastructure. Limitations and exceptions: The data on investment in infrastructure projects with private participation refer to all investment (public and private) in projects in which a private company assumes operating risk during the operating period or development and operating risk during the contract period. Investment refers to commitments not disbursements. Foreign state-owned companies are considered private entities for the purposes of this measure. Investment commitments are the sum of investments in physical assets and payments to the government. Investments in physical assets are resources the project company commits to invest during the contract period in new facilities or in expansion and modernization of existing facilities. Payments to the government are the resources the project company spends on acquiring government assets such as state-owned enterprises, rights to provide services in a specific area, or use of specific radio spectrums. Data on the projects are compiled from publicly available information. The database aims to be as comprehensive as possible, but some projects - particularly those involving local and small-scale operators - may be omitted because they are not publicly reported. Statistical concept and methodology: The data are from the World Bank's Private Participation in Infrastructure (PPI) Project database, which tracks infrastructure projects with private participation in developing countries. It provides information on more than 5,000 infrastructure projects in 139 developing economies from 1984. The database contains more than 30 fields per project record, including country, financial closure year, infrastructure services provided, type of private participation, investment, technology, capacity, project location, contract duration, private sponsors, bidding process, and development bank support. The database is a joint product of the World Bank's Finance, Economics, and Urban Development Department and the Public-Private Infrastructure Advisory Facility. Geographic and income aggregates are calculated by the World Bank's Development Data Group. Data are in current U.S. dollars.
Publisher
The World Bank
Origin
IBRD only
Records
63
Source
IBRD only | Investment in energy with private participation (current US$)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
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1984
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1986
1987
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1991
8694950000 1992
14734540000 1993
11634470000 1994
16640350000 1995
23515762100 1996
41345900700 1997
27191930000 1998
17236740000 1999
23322880000 2000
15895870000 2001
12869210000 2002
19937380000 2003
12474670000 2004
14996400000 2005
22329480000 2006
45123350000 2007
53300170000 2008
68605870000 2009
68844867000 2010
70813610000 2011
74373247000 2012
52648300000 2013
46598120000 2014
35436935000 2015
42908041000 2016
43111270000 2017
28556470000 2018
31539200000 2019
20469360000 2020
17409470000 2021
20680920000 2022
IBRD only | Investment in energy with private participation (current US$)
Investment in energy projects with private participation refers to commitments to infrastructure projects in energy (electricity and natural gas: generation, transmission and distribution) that have reached financial closure and directly or indirectly serve the public. Movable assets and small projects such as windmills are excluded. The types of projects included are management and lease contracts, operations and management contracts with major capital expenditure, greenfield projects (in which a private entity or a public-private joint venture builds and operates a new facility), and divestitures. Investment commitments are the sum of investments in facilities and investments in government assets. Investments in facilities are the resources the project company commits to invest during the contract period either in new facilities or in expansion and modernization of existing facilities. Investments in government assets are the resources the project company spends on acquiring government assets such as state-owned enterprises, rights to provide services in a specific area, or the use of specific radio spectrums. Data is presented based on investment year. Data are in current U.S. dollars. Development relevance: Investment in infrastructure projects with private participation has made important contributions to easing fiscal constraints, improving the efficiency of infrastructure services, and extending delivery to poor people. Developing countries have been in the forefront, pioneering better approaches to infrastructure services and reaping the benefits of greater competition and customer focus. Entrepreneurship is essential to the dynamism of the modern market economy, and a greater entry density of new businesses can foster competition and economic growth. Private sector development and investment - tapping private sector initiative and investment for socially useful purposes - are critical for poverty reduction. In parallel with public sector efforts, private investment, especially in competitive markets, has tremendous potential to contribute to growth. Private markets are the engine of productivity growth, creating productive jobs and higher incomes. And with government playing a complementary role of regulation, funding, and service provision, private initiative and investment can help provide the basic services and conditions that empower poor people - by improving health, education, and infrastructure. Limitations and exceptions: The data on investment in infrastructure projects with private participation refer to all investment (public and private) in projects in which a private company assumes operating risk during the operating period or development and operating risk during the contract period. Investment refers to commitments not disbursements. Foreign state-owned companies are considered private entities for the purposes of this measure. Investment commitments are the sum of investments in physical assets and payments to the government. Investments in physical assets are resources the project company commits to invest during the contract period in new facilities or in expansion and modernization of existing facilities. Payments to the government are the resources the project company spends on acquiring government assets such as state-owned enterprises, rights to provide services in a specific area, or use of specific radio spectrums. Data on the projects are compiled from publicly available information. The database aims to be as comprehensive as possible, but some projects - particularly those involving local and small-scale operators - may be omitted because they are not publicly reported. Statistical concept and methodology: The data are from the World Bank's Private Participation in Infrastructure (PPI) Project database, which tracks infrastructure projects with private participation in developing countries. It provides information on more than 5,000 infrastructure projects in 139 developing economies from 1984. The database contains more than 30 fields per project record, including country, financial closure year, infrastructure services provided, type of private participation, investment, technology, capacity, project location, contract duration, private sponsors, bidding process, and development bank support. The database is a joint product of the World Bank's Finance, Economics, and Urban Development Department and the Public-Private Infrastructure Advisory Facility. Geographic and income aggregates are calculated by the World Bank's Development Data Group. Data are in current U.S. dollars.
Publisher
The World Bank
Origin
IBRD only
Records
63
Source