Overseas Private Investment Corporation   CONTACT US SUBSCRIBE TO NEWS OPIC BLOG
FacebookRSSTwitterYoutubeInstagram
Freedom of Information Act (FOIA)
The OPIC Blog

OPIC’s profit per employee totals $1.2 million in 2012

December 14, 2012

Infographic showing OPIC's 35 years helping to reduce U.S. deficit

Earlier this week, OPIC reported strong financial results for Fiscal Year 2012, including net income of $272 million, and a 30 percent increase in financial commitments to American businesses investing in emerging markets abroad.

The fact that these results were achieved with a full-time staff of just 220 underscores the efficiency of OPIC’s operation. The agency’s profit-per-employee in 2012 worked out to $1.2 million, far surpassing many of the world’s most successful private companies, such as Apple Inc., which last year earned a profit-per-employee of about $400,000.

OPIC is able to perform at such a high level while addressing some of the world’s greatest development challenges, partly by leveraging private-sector capital. Every dollar of OPIC support has leveraged, on average, about $2.70 in private sector investment. OPIC is also an active partner with other U.S. government agencies.

The agency’s record of earning a substantial net profit means it has helped reduce the federal deficit for 35 straight years, while operating at no net cost to the American taxpayer.

OPIC committed more than $3.6 billion to development projects in Fiscal Year 2012, including almost $1.6 billion to renewable resources projects, $907 million to projects in Sub-Saharan Africa, and $878 million for projects in the Middle East and North Africa (MENA). Nearly two-thirds of OPIC’s projects in Fiscal 2012 were with U.S. small businesses.

For a more detailed look at Fiscal Year 2012 results, see our recent press release.


Share and Enjoy

  • Facebook
  • Twitter
  • Google Plus
  • RSS
  • Email

Related Post

Leave a Reply

Your email address will not be published. Required fields are marked *


× 7 = twenty one

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

No Responses to “Featured photo: Supporting microfinance lending in sub-Saharan Africa”