The World Bank is an international financial institution that provides loans and grants to developing countries. It is not owned by any single entity. Instead, it is owned by its member countries, with each country's ownership stake determined by its capital subscription.
The United States is the largest shareholder in the World Bank, holding approximately 16.4% of the total voting power. This means that the US has the most influence over the World Bank's decisions and policies.
Here are the top five shareholders in the World Bank:
- United States (16.4%)
- Japan (6.9%)
- Germany (4.5%)
- United Kingdom (4.3%)
- France (4.3%)
These five countries together account for over 40% of the World Bank's total voting power. This means that they have a significant influence on the Bank's operations and lending decisions.
It is important to note that while the US is the largest shareholder, it does not have absolute control over the World Bank. The Bank's decisions are made by a board of governors, which includes representatives from all member countries.
