Dominican Republic vs Heavily indebted poor countries (HIPC): Interest payments
Interest payments over time
- Dominican Republic
- Heavily indebted poor countries (HIPC)
How they compare
Dominican Republic currently reports 17.5% against 9.6% in Heavily indebted poor countries (HIPC), a difference of 7.9%.
That makes Dominican Republic's figure about 1.8 times Heavily indebted poor countries (HIPC)'s.
Across all 11 years both countries report, Dominican Republic has been ahead every year.
Dominican Republic ranks 17th and Heavily indebted poor countries (HIPC) ranks 19th of 152 countries.
Dominican Republic has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Dominican Republic | Heavily indebted poor countries (HIPC) | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 15.1% | 6.4% | 8.7% | Dominican Republic |
| 2020s | 16.5% | 9.0% | 7.5% | Dominican Republic |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest payments, Dominican Republic or Heavily indebted poor countries (HIPC)?
- Dominican Republic, at 17.5% against 9.6% in Heavily indebted poor countries (HIPC) as of 2023.
- What is the difference in interest payments between Dominican Republic and Heavily indebted poor countries (HIPC)?
- 7.9%, with Dominican Republic ahead.
- How many years of comparable data are there for Dominican Republic and Heavily indebted poor countries (HIPC)?
- 11 years are reported by both, from 2010 to 2021.
- How do Dominican Republic and Heavily indebted poor countries (HIPC) rank globally for interest payments?
- Dominican Republic ranks 17th and Heavily indebted poor countries (HIPC) ranks 19th of 152 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Interest payments (% of expense). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Interest payments include interest payments on government debt (including long-term bonds, long-term loans, and other debt instruments) to domestic and foreign residents. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.