Discusses key economic indicators and trade statistics, which countries are dominant in the market, the U.S. market share, the political situation if relevant, the top reasons why U.S. companies should consider exporting to this country, and other issues that affect trade, e.g., terrorism, currency devaluations, trade agreements.
Last Published: 10/4/2016

The World Bank Group is the largest development finance institution in the world. Established in December 1945 following ratification of the Bretton Woods agreements to facilitate post-World War II reconstruction, today it is dedicated to achieving two overarching goals: ending extreme poverty by decreasing the percentage of people living on less than $1.90 a day to no more than 3 percent by 2030; and promoting shared prosperity by fostering the income growth of the bottom 40 percent for every country.
 
The World Bank Group is a family of five international organizations: 
Together, IBRD and IDA make up what is commonly referred to as the “World Bank”  Most opportunities for American firms come in three categories: 
  • Project Procurement A developing country government borrows funds from the World Bank (IBRD, IDA) for a public works project (goods, works, consulting/advisory services); that government runs a public competition and selects vendors
  • Corporate Procurement The World Bank Group itself runs a competition for consulting/advisory services, often in relation to IBRD, IDA and/or IFC funded projects
  • Private Sector Solutions American and developing country private sector firms partner with IFC on loans, equity investments, venture capital, advisory services and other solutions in support of private sector activities 
  • In addition, the services of the Multilateral Investment Guarantee Agency (MIGA), like the services of the U.S. Government’s Overseas Private Investment Corporation (OPIC), can help American firms engage, even in the world’s most challenging environments, with a greater sense of confidence.
Much of the information needed to participate in World Bank Group funded projects is specific to the countries in which the projects are conducted, not to the World Bank itself. As such, many segments of a traditional Country Commercial Guide are not included here. To learn about country-specific aspects of doing business in countries of interest to your firm see each country’s Country Commercial Guide.
 
Understanding how to approach these opportunities requires careful analysis and a strategic approach. Read through this guide as a first step on that journey.

Prepared by our U.S. Embassies abroad. With its network of 108 offices across the United States and in more than 75 countries, the U.S. Commercial Service of the U.S. Department of Commerce utilizes its global presence and international marketing expertise to help U.S. companies sell their products and services worldwide. Locate the U.S. Commercial Service trade specialist in the U.S. nearest you by visiting http://export.gov/usoffices.



Financial Services Trade Development and Promotion World Bank