Debt service (PPG and IMF only, % of exports of goods, services and) in Heavily indebted poor countries (HIPC)
Heavily indebted poor countries (HIPC): Debt service (PPG and IMF only, % of exports of goods, services and) was 9.0% in 2024. ◆ Volatile
Debt service (PPG and IMF only, % of exports of goods, services and) in Heavily indebted poor countries (HIPC), 1973–2024
Source: International Debt Statistics, World Bank (WB).
Analysis
In 2024, debt service (ppg and imf only, % of exports of goods, services and) in Heavily indebted poor countries (HIPC) stood at 9.0%.
That represents a change of up 9.4% on the previous year and up 117.6% over ten years.
Over the whole period, debt service (ppg and imf only, % of exports of goods, services and) in Heavily indebted poor countries (HIPC) peaked at 27.4% in 1988 and was at its lowest, 2.6%, in 2011.
That places Heavily indebted poor countries (HIPC) 15th out of 32 groups with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Debt service (PPG and IMF only, % of exports of goods, services and) in Heavily indebted poor countries (HIPC), year by year
| Year | Value | Change |
|---|---|---|
| 1973 | 10.0% | — |
| 1974 | 10.5% | +5.0% |
| 1975 | 9.7% | -7.5% |
| 1977 | 13.6% | +40.2% |
| 1978 | 14.6% | +7.2% |
| 1979 | 13.9% | -5.1% |
| 1980 | 15.2% | +9.3% |
| 1981 | 17.9% | +17.9% |
| 1982 | 20.3% | +13.2% |
| 1983 | 20.1% | -0.8% |
| 1984 | 20.1% | -0.0% |
| 1985 | 22.4% | +11.6% |
| 1986 | 26.7% | +19.3% |
| 1987 | 26.7% | -0.2% |
| 1988 | 27.4% | +2.7% |
| 1989 | 20.9% | -23.9% |
| 1990 | 22.0% | +5.2% |
| 1991 | 25.0% | +13.7% |
| 1992 | 18.3% | -26.8% |
| 1993 | 18.7% | +2.5% |
| 1994 | 22.1% | +18.1% |
| 1995 | 19.5% | -12.1% |
| 1996 | 20.2% | +4.0% |
| 1997 | 18.2% | -10.1% |
| 1998 | 17.0% | -6.5% |
| 1999 | 14.3% | -15.9% |
| 2000 | 12.2% | -14.5% |
| 2001 | 10.1% | -17.4% |
| 2002 | 8.3% | -17.7% |
| 2003 | 9.7% | +16.3% |
| 2004 | 9.1% | -5.7% |
| 2005 | 6.3% | -30.5% |
| 2006 | 4.7% | -26.2% |
| 2007 | 4.3% | -7.1% |
| 2008 | 4.4% | +2.6% |
| 2009 | 4.2% | -4.9% |
| 2010 | 2.9% | -31.7% |
| 2011 | 2.6% | -11.3% |
| 2012 | 2.8% | +8.0% |
| 2013 | 3.4% | +24.0% |
| 2014 | 4.1% | +20.2% |
| 2015 | 5.6% | +35.8% |
| 2016 | 6.9% | +23.2% |
| 2017 | 7.3% | +5.3% |
| 2018 | 7.6% | +4.2% |
| 2019 | 8.8% | +16.7% |
| 2020 | 9.9% | +12.0% |
| 2021 | 10.0% | +1.2% |
| 2022 | 7.9% | -20.7% |
| 2023 | 8.2% | +3.3% |
| 2024 | 9.0% | +9.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 12.1% | 9.7% | 14.6% | 6 |
| 1980s | 21.8% | 15.2% | 27.4% | 10 |
| 1990s | 19.5% | 14.3% | 25.0% | 10 |
| 2000s | 7.3% | 4.2% | 12.2% | 10 |
| 2010s | 5.2% | 2.6% | 8.8% | 10 |
| 2020s | 9.0% | 7.9% | 10.0% | 5 |
Countries ranked near Heavily indebted poor countries (HIPC)
More external debt data for Heavily indebted poor countries (HIPC)
- IFC, private nonguaranteed 571.73 million NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per capita 0.608 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP 0.0005 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre 9.94 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 2.1% (2024)
- Public and publicly guaranteed debt service 8.0% (2024)
- Net official development assistance received 40.57 billion current US$ (2018)
- IFC, private nonguaranteed (NFL, US$), annual growth rate 196.3 % change on previous year (2024)
- Net official flows from UN agencies, CERF 392.02 million current US$ (2022)
Frequently asked questions
- What is debt service (ppg and imf only, % of exports of goods, services and) in Heavily indebted poor countries (HIPC)?
- Debt service (ppg and imf only, % of exports of goods, services and) in Heavily indebted poor countries (HIPC) was 9.0% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest debt service (ppg and imf only, % of exports of goods, services and) recorded in Heavily indebted poor countries (HIPC)?
- The highest recorded value was 27.4% in 1988.
- What is the lowest debt service (ppg and imf only, % of exports of goods, services and) recorded in Heavily indebted poor countries (HIPC)?
- The lowest recorded value was 2.6% in 2011.
- How does Heavily indebted poor countries (HIPC) rank for debt service (ppg and imf only, % of exports of goods, services and)?
- Heavily indebted poor countries (HIPC) ranks 15th out of 32 groups with data for 2024.
- Is debt service (ppg and imf only, % of exports of goods, services and) rising or falling in Heavily indebted poor countries (HIPC)?
- Over the last ten years it is up 117.6%. The long-run trend across the full record is volatile.
- 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 Debt service (PPG and IMF only, % of exports of goods, services and primary income). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 51 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Debt service, the sum of principal repayments and interest actually paid in currency, goods, or services, is expressed as a percentage of exports of goods and services--all transactions between residents of a country and the rest of the world involving a change of ownership from residents to nonresidents of general merchandise, net exports of goods under merchanting, nonmonetary gold, and services. This series differs from the standard debt to exports series in that it covers only long-term public and publicly guaranteed debt and repayments (repurchases and charges) to the IMF.