Latin America and the Middle East & North Africa (MENA) have been fast-growing regions for private investment over the past decade, while Europe has seen the largest decline in private investment. Investment in high-income countries has accounted for 67% of all private infrastructure investment on average over the past decade. While there has been some success in attracting investment in developing countries, progress in mobilizing private capital remains below desired levels. Transactions in low-income countries have been negligible and/or are underreported in the source dataset. Transactions in upper-middle-income and lower-middle-income countries comprise around 20% and 12% of private infrastructure investment respectively. ( Note: The analyses in this report consider debt and equity transactions in the power, transportation, telecommunications, social, water, and waste sectors and exclude Transactions in oil and gas, mining and metals, and defence)