GEMs publishes new report on recovery rates for private and sub-sovereign in Emerging Markets

Read full GEMs statement

The Global Emerging Markets Risk Database (GEMs) Consortium has published today for the first time the recovery rates of investments with private and sub-sovereign borrowers in emerging markets and developing economies (EMDEs) for the period 1994 to 2022.

The statistics are collected from the group of 25 multilateral development banks and development finance institutions members of the GEMs Consortium, including the European Bank for Reconstruction and Development (EBRD), and are available online for free on the GEMs website.

The new report is the result of the Consortium’s continued effort and commitment to provide, to a wider audience, statistics based on the GEMs database to support investments in emerging markets and complements the well-received default statistics reports published in the fourth quarter of 2023, also available on the GEMs website. In the future GEMs will publish default and recovery statistics on a regular basis.

The availability of the new publication will provide more insights into markets where it is difficult to find reliable credit information and will help to support the mobilisation of private investments in emerging markets, addressing one of the key recommendations of the G20.

The GEMs Consortium will continue working on further methodological refinements and data enrichment to provide in the near future an even wider range of statistics and details.