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Costa Rica's highway loan

A $10.7 million road loan: half the road built, most of the money paid back

$28,409repaid per kilometer actually built

Proof you can check:Public data

Analytics & dashboards

Half the road, 85% of the loan repaid

Promised640 km

Built322 km

$9.15 million repaid on a $10.7 million loan

Lubo Bali · lubobali.com

No. 30World Bank credit records + project reports

The problem

Development loans are judged by the money lent; an audit of what was delivered is rare. A country can repay in full for roads that were never built.

What I built

An SQL analysis of the World Bank's 1.4 million credit records that follows the spending of one loan from start to end: amount, money used, money repaid; then two World Bank reports for what was promised and what was built.

Tech & why

SQL for the money trail in the official data, and the original project reports for the kilometers the data doesn't hold.

  • SQL

The result

The whole $10.7 million was spent, only 322 of the promised 640 km were built, and $9,148,225 was repaid over five decades: $28,409 for every kilometer that exists.

Data: World Bank IDA credits (Finances One) (public dataset).

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