Figures below summarize trends in IBRD and IDA lending for transport over the past twelve fiscal years (FY) as well as IFC financing (FY1999-2007) and MIGA guarantees (FY1998-2007). Over that period, average annual transport lending amounts to 15 percent of the Bank's total lending (Figure 1), though from year to year it has varied from 11 percent to 20 percent of the total (Figure 2). Total transport lending declined between FY1999 and FY2001, recovering to a high point of US$5 billion in FY2007 (Figure 3). The average annual transport sector commitment is US$3.3 billion. With fluctuations, the average number of dedicated and non-dedicated transport projects is about 78 a year (Figure 4). The average size of dedicated transport projects increased from US$90 million in FY1996 to US$120 million in FY2005, and is around US$60 million in FY2007 (Figure 5). At the end of FY2007, the Bank's active transport portfolio stands at US$22.5 billion, of which 75 percent is for roads and highway projects (Figure 6). In addition to lending, the Bank mobilizes resources from many trust funds for technical advisory services (TA) in transport to partner countries (Figures 11 and 12). It also undertakes or commissions its own policy and technical reviews, which are designated as economic and sector work (ESW), (Figures 13 and 14). | | | | Figure 1. Annual average Bank lending by sector FY1996–FY2007 | 
| | Figure 2. Transport as a proportion of Bank lending FY1996–FY2007 | Transport Total Lending = $39.5 billion 
| | Figure 3. Annual value of transport commitments FY1996–FY2007 | Average transport lending/year = $3.3 billion 
| | Figure 4. Annual number of transport projects FY1996–FY2007 | Average number of projects/year = 78 projetcs 
| | Figure 5. Annual average size of a transport project FY1996–FY2007 | 
| | Figure 6. Transport portfolio of active projects at end of FY2007 | Transport portfolio = $22.5 billion 
| | Figure 7. Transport commitments by region FY1996–FY2007 | Transport commitments by region fluctuate greatly from year to year. But compared with the first six years of the period, the second six-year period shows a marked increase in lending to South Asia and Sub-Saharan Africa (Figure 8). 
| | Figure 8. Annual average transport lending by region FY1996–FY2007 | 
| | Figure 9. Transport commitments by mode FY1996–FY2007 | In terms of commitment by mode of transport, roads and highways remain the dominant uses of funds throughout the period at around three-quarters of all transport lending. However, between the first half of the period and the second half, roads and highways commitments have decreased by 12%, while general transport has increased by 11% (Figure 10). 
| | Figure 10. Annual average transport lending, by mode FY1996–FY2007 | 
| | Figure 11. Annual number of technical assistance products FY2001–FY2007 | For an activity to qualify as technical assistance, it must meet three criteria: (a) have the primary intent of enabling an external client to implement reforms and/or strengthen institutions; (b) be free-standing (i.e., not compose an essential part of a lending project or economic and sector work); and (c) be linked to a Bank unit, with clear accountability for the service provided. 
| | Figure 12. Annual number of technical assistance products by region FY2001–FY2007 | 
| | Figure 13. Annual number of economic and sector work products FY2001–FY2007 | For an activity to qualify as an economic and sector work by IBRD/IDA, it must meet all of the following criteria: (a) involve original analytic effort; (b) be undertaken with the intent of influencing policies and programs of an external client; and (c) be “owned” by a specific Bank unit and represent the views of the Bank (rather than attribution to individual authors, be they Bank staff or consultants). 
| | Figure 14. Annual number of economic and sector work products by region FY2001–FY2007 | 
| | Figure 15. IFC transport sector commitments FY1999-FY2007 | 
| | Figure 16. MIGA Transport sector engagements FY1998–FY2007 | 
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