Default and Recovery Statistics — Private Lending 1994–2025
What it examines
Examines pooled private-sector lending experience across development finance institutions and multilateral banks from 1994 to 2025. It adds a pilot analysis of contractual credit spreads from 2006 to 2025 alongside default and recovery evidence. Spreads exclude fees and are not net investment returns; changes in reporting methods can affect comparisons over time.
Why it matters
BII, IFC and EBRD are GEMs members. The research informs scrutiny of lending risk and efforts to attract private investors at institutions backed by the UK. Its pooled results do not measure the performance or value of the UK’s holdings.
Institutions and themes
Related documents
Catalogue entry reviewed 9 Oct 2026. The summary describes the publication’s analysis; it does not establish that historical findings remain current.