The Board of Governors is the highest authority responsible for the governance of the IDB.
The Board is responsible for the conduct of the operations of the Bank, and for this purpose may exercise all the powers delegated to it by the Board of Governors.
The President of the IDB is the institution’s legal representative and chief executive officer.
The basic organization of the IDB comprises the following units.
The IDB brings together 48 member countries committed to advancing sustainable development in Latin America and the Caribbean. As owners of the institution, they contribute capital, participate in governance, and work collectively to set the Bank's strategic direction.
Our decisions are made through a weighted voting system that reflects each country's financial contribution to the Bank, helping ensure a balanced and transparent governance framework.
The IDB has two types of member countries:
These are the countries of Latin America and the Caribbean that are eligible to receive financing, technical assistance, and other support from the Bank.
These countries do not borrow from the IDB, but they contribute capital to the institution and participate in the Bank’s governance to support the region’s development.
Regional member countries must first be members of the Organization of American States (OAS). Non-regional members must be members of the International Monetary Fund (IMF). A second key requirement for both groups of member countries is the subscription of Ordinary Capital shares.
Approved by our member countries, the Strategy guides our mission and sets the priorities for our work.
Explore our offices across countries and the work they do to improve lives.
Explore a comprehensive repository of the Inter-American Development Bank's policies, strategies, and frameworks.
Here you will find the latest approved work program and budget.