29 Results

Administrative Data Public Sector

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  • Dataset

    By Fiscal Management Division (VPS/IFD/FMM)
    There are few centralized information systems on the evolution and composition of public investment expenditure in Latin America, a critical aspect for monitoring and evaluating investment priorities. The Database of Public Investment Expenditure in Latin America (BDD-GIPAL), available for 16 countries in the region, provides cross-classifications of expenditures (economic, institutional, and functional) for the period 2000-2016. Analysis of BDD-GIPAL helps answer three key questions: How much is invested? Who invests? And in what is it invested? Public investment in the region increased from 2.8% to 3.9% of GDP (2002-2006 vs. 2012-2016); however, this growth was driven by only five countries. Some countries in the region have delegated greater responsibility for public investment spending to subnational governments. In four countries, subnational governments account for over 50% of total public investment expenditure. Nearly 50% of public investment spending in the region has been...
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  • Dataset

    By Connectivity, Markets and Finance Division (VPS/IFD/CMF)
    The LAC Debt Group believes that to have sound regional policy it is important to have valid, comparable, and standardized data on Latin America and the Caribbean (LAC). Therefore, at the core of the initiative is the development of a standardized sovereign debt database to help debt managers, policy makers, and other actors of financial markets, analyze the composition of public debt in LAC. The information presented in this 2021 database is provided by the Debt Management Offices of 26 LAC countries in response to a questionnaire specifically created to allow comparability of data. The questionnaire is intended to compile up-to-date standardized statistics to conduct cross-country comparisons over clear, objective, and homogeneous definitions of public debt.
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  • Dataset

    By Connectivity, Markets and Finance Division (VPS/IFD/CMF)
    The LAC Debt Group believes that to have sound regional policy it is important to have valid, comparable, and standardized data on Latin America and the Caribbean (LAC). Therefore, at the core of the initiative is the development of a standardized sovereign debt database to help debt managers, policy makers, and other actors of financial markets, analyze the composition of public debt in LAC. The information presented in this database is provided by the Debt Management Offices of 26 LAC countries in response to a questionnaire specifically created to allow comparability of data. The questionnaire is intended to compile up-to-date standardized statistics to conduct cross-country comparisons over clear, objective, and homogeneous definitions of public debt.
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  • Dataset

    By Social Protection and Labor Markets Division (VPS/SCL/SPL)
    This paper presents new data documenting the level and evolution of public spending on non-contributory programs for 16 countries in Latin America and the Caribbean. Salaried formal workers contribute to social security and in return have access to an array of benefits -mainly old-age pensions and health services. In recent decades, informal workers – salaried and non-salaried- have gained access to similar benefits, financed through general revenues. Our calculations indicate that, on average, the region spends 1.7% of GDP in these programs. Although they were created in response to social demands, by targeting informal workers these programs may create a behavioral response -i.e. more informality. This paper does not attempt to measure behavioral effects. Its main contribution is to be the first to document this “subsidy to informality” following a common methodology across countries and years in the region.
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