Total debt service in Heavily indebted poor countries (HIPC)
Heavily indebted poor countries (HIPC): Total debt service was 3.7% in 2024. ▼ Falling
Total debt service in Heavily indebted poor countries (HIPC), 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of GNI.
Analysis
The most recent figure for total debt service in Heavily indebted poor countries (HIPC) is 3.7%, measured in 2024.
Compared with earlier readings it is up 5.1% on the previous year and up 60.8% over ten years.
Over the whole period, total debt service in Heavily indebted poor countries (HIPC) peaked at 6.2% in 1995 and was at its lowest, 1.3%, in 2010.
Heavily indebted poor countries (HIPC) ranks 16th of 32 groups on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 55 years of available data.
Total debt service in Heavily indebted poor countries (HIPC), year by year
| Year | % of GNI | Change |
|---|---|---|
| 1970 | 1.6% | — |
| 1971 | 1.7% | +4.4% |
| 1972 | 1.7% | +5.5% |
| 1973 | 2.3% | +33.9% |
| 1974 | 1.8% | -22.6% |
| 1975 | 1.9% | +7.2% |
| 1976 | 2.2% | +12.9% |
| 1977 | 2.4% | +7.6% |
| 1978 | 2.7% | +13.9% |
| 1979 | 3.0% | +12.0% |
| 1980 | 4.5% | +49.8% |
| 1981 | 4.8% | +7.4% |
| 1982 | 4.6% | -4.0% |
| 1983 | 4.2% | -9.8% |
| 1984 | 4.4% | +5.2% |
| 1985 | 4.4% | +1.2% |
| 1986 | 5.6% | +24.8% |
| 1987 | 5.3% | -3.9% |
| 1988 | 5.2% | -3.2% |
| 1989 | 4.5% | -12.2% |
| 1990 | 4.3% | -4.7% |
| 1991 | 3.9% | -9.9% |
| 1992 | 3.9% | -0.7% |
| 1993 | 3.7% | -4.1% |
| 1994 | 5.1% | +38.6% |
| 1995 | 6.2% | +20.2% |
| 1996 | 4.7% | -23.6% |
| 1997 | 4.1% | -13.3% |
| 1998 | 4.0% | -2.2% |
| 1999 | 3.8% | -4.7% |
| 2000 | 3.4% | -11.7% |
| 2001 | 2.9% | -13.2% |
| 2002 | 3.0% | +2.9% |
| 2003 | 2.6% | -12.1% |
| 2004 | 2.4% | -8.8% |
| 2005 | 2.1% | -13.9% |
| 2006 | 1.7% | -19.1% |
| 2007 | 1.9% | +10.8% |
| 2008 | 1.8% | -5.6% |
| 2009 | 1.5% | -11.8% |
| 2010 | 1.3% | -17.3% |
| 2011 | 1.5% | +15.2% |
| 2012 | 1.7% | +17.8% |
| 2013 | 1.8% | +4.3% |
| 2014 | 2.3% | +26.8% |
| 2015 | 2.3% | +0.1% |
| 2016 | 3.0% | +30.1% |
| 2017 | 3.3% | +11.0% |
| 2018 | 3.2% | -2.4% |
| 2019 | 4.1% | +27.0% |
| 2020 | 3.3% | -19.6% |
| 2021 | 3.9% | +16.5% |
| 2022 | 3.8% | -1.8% |
| 2023 | 3.5% | -7.3% |
| 2024 | 3.7% | +5.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.1% | 1.6% | 3.0% | 10 |
| 1980s | 4.8% | 4.2% | 5.6% | 10 |
| 1990s | 4.4% | 3.7% | 6.2% | 10 |
| 2000s | 2.3% | 1.5% | 3.4% | 10 |
| 2010s | 2.5% | 1.3% | 4.1% | 10 |
| 2020s | 3.6% | 3.3% | 3.9% | 5 |
Countries ranked near Heavily indebted poor countries (HIPC)
More economy & growth data for Heavily indebted poor countries (HIPC)
- Exports of goods and services (current US$), annual growth rate 19.57 % change on previous year (2025)
- Gross national expenditure (constant 2015 US$), per capita 1,187 constant 2015 US$ per person (2025)
- Gross national expenditure (constant 2015 US$), per unit of GDP 0.8913 constant 2015 US$ per US$ of GDP (2025)
- Gross national expenditure (constant 2015 US$), annual growth rate 5.71 % change on previous year (2025)
- Gross national expenditure (current US$), per capita 1,340 current US$ per person (2025)
- Gross national expenditure (current US$), per unit of GDP 1.01 current US$ per US$ of GDP (2025)
- Gross national expenditure (current US$), annual growth rate 8.35 % change on previous year (2025)
- Final consumption expenditure (constant 2015 US$), per capita 832.08 constant 2015 US$ per person (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.9279 current US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 1,048 constant 2015 US$ per person (2025)
Frequently asked questions
- What is total debt service in Heavily indebted poor countries (HIPC)?
- Total debt service in Heavily indebted poor countries (HIPC) was 3.7% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest total debt service recorded in Heavily indebted poor countries (HIPC)?
- The highest recorded value was 6.2% in 1995.
- What is the lowest total debt service recorded in Heavily indebted poor countries (HIPC)?
- The lowest recorded value was 1.3% in 2010.
- How does Heavily indebted poor countries (HIPC) rank for total debt service?
- Heavily indebted poor countries (HIPC) ranks 16th out of 32 groups with data for 2024.
- Is total debt service rising or falling in Heavily indebted poor countries (HIPC)?
- Over the last ten years it is up 60.8%. The long-run trend across the full record is falling.
- Where does this Heavily indebted poor countries (HIPC) data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Total debt service (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Total debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term debt, interest paid on short-term debt, and repayments (repurchases and charges) to the IMF.