Expense in Heavily indebted poor countries (HIPC)
Heavily indebted poor countries (HIPC): Expense was 15.8% in 2020. ▬ Flat
Expense in Heavily indebted poor countries (HIPC), 2010–2020
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for expense in Heavily indebted poor countries (HIPC) is 15.8%, measured in 2020. That is the highest value across all 10 years on record.
Compared with earlier readings it is up 9.3% on the previous year and up 1.6% over ten years.
Over the whole period, expense in Heavily indebted poor countries (HIPC) peaked at 15.8% in 2020 and was at its lowest, 14.3%, in 2018.
Heavily indebted poor countries (HIPC) ranks 19th of 24 groups on this measure, in the bottom quarter.
Expense in Heavily indebted poor countries (HIPC), year by year
| Year | % of GDP | Change |
|---|---|---|
| 2010 | 15.5% | — |
| 2012 | 15.8% | +1.6% |
| 2013 | 14.9% | -5.8% |
| 2014 | 15.0% | +1.0% |
| 2015 | 14.8% | -1.2% |
| 2016 | 14.8% | +0.2% |
| 2017 | 15.2% | +2.6% |
| 2018 | 14.3% | -6.2% |
| 2019 | 14.4% | +1.0% |
| 2020 | 15.8% | +9.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 15.0% | 14.3% | 15.8% | 9 |
| 2020s | 15.8% | 15.8% | 15.8% | 1 |
Countries ranked near Heavily indebted poor countries (HIPC)
- 16 San Marino 40.5% compare
- 17 Lesotho 40.2% compare
- 18 Netherlands 40.0% compare
- 19 Slovakia 39.8% compare
- 20 Belgium 39.7% compare
- 21 Afghanistan 39.2% compare
- 22 Poland 39.1% compare
More economy & growth data for Heavily indebted poor countries (HIPC)
- GDP 1.01 trillion constant 2015 US$ (2025)
- Services, value added 552.33 billion current US$ (2025)
- Services, value added 443.69 billion constant 2015 US$ (2025)
- Trade in services 11.6% (2024)
- Services, value added 43.0% (2025)
- Inflation, GDP deflator 5.1% (2025)
- Gross value added at basic prices (GVA) 1.19 trillion current US$ (2025)
- Gross value added at basic prices (GVA) 935.96 billion constant 2015 US$ (2025)
- GDP 1.29 trillion current US$ (2025)
- Gross domestic savings 21.5% (2025)
Frequently asked questions
- What is expense in Heavily indebted poor countries (HIPC)?
- Expense in Heavily indebted poor countries (HIPC) was 15.8% in 2020, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest expense recorded in Heavily indebted poor countries (HIPC)?
- The highest recorded value was 15.8% in 2020.
- What is the lowest expense recorded in Heavily indebted poor countries (HIPC)?
- The lowest recorded value was 14.3% in 2018.
- How does Heavily indebted poor countries (HIPC) rank for expense?
- Heavily indebted poor countries (HIPC) ranks 19th out of 24 groups with data for 2020.
- Is expense rising or falling in Heavily indebted poor countries (HIPC)?
- Over the last ten years it is up 1.6%. The long-run trend across the full record is flat.
- Where does this Heavily indebted poor countries (HIPC) data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Expense (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 10 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Expense is a decrease in net worth resulting from a transaction. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.