Distribution of voting power

Distribution of voting power within the IBRD, 2023 (in %)

Distribution of voting power within the IBRD, 2023 (in %)

Despite BRICS+ having a larger combined GDP than either the G7 or the EU, its capital share and subsequent voting influence within institutions such as the International Bank for Reconstruction and Development (IBRD) remain significantly smaller (as each member country’s voting power is weighted on the basis of its financial contribution to the World Bank) (see Figure 2). On the other hand, India and Brazil were the largest recipients of IBRD loans in 2023, yet contributed just 5 % of the capital.


Related Articles

Be the first to write a comment.

Leave a Reply

EPRS Logo
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.