Heavily indebted poor countries (HIPC) vs Lao People's Democratic Republic: Interest payments
Interest payments over time
- Heavily indebted poor countries (HIPC)
- Lao People's Democratic Republic
How they compare
Lao People's Democratic Republic currently reports 17.0% against 9.6% in Heavily indebted poor countries (HIPC), a difference of 7.4%.
That makes Lao People's Democratic Republic's figure about 1.8 times Heavily indebted poor countries (HIPC)'s.
Across all 11 years both countries report, Lao People's Democratic Republic has been ahead every year.
Heavily indebted poor countries (HIPC) ranks 19th and Lao People's Democratic Republic ranks 18th of 41 groups.
Lao People's Democratic Republic has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Heavily indebted poor countries (HIPC) | Lao People's Democratic Republic | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 6.4% | 8.6% | 2.2% | Lao People's Democratic Republic |
| 2020s | 9.0% | 12.1% | 3.1% | Lao People's Democratic Republic |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest payments, Heavily indebted poor countries (HIPC) or Lao People's Democratic Republic?
- Lao People's Democratic Republic, at 17.0% against 9.6% in Heavily indebted poor countries (HIPC) as of 2022.
- What is the difference in interest payments between Heavily indebted poor countries (HIPC) and Lao People's Democratic Republic?
- 7.4%, with Lao People's Democratic Republic ahead.
- How many years of comparable data are there for Heavily indebted poor countries (HIPC) and Lao People's Democratic Republic?
- 11 years are reported by both, from 2010 to 2021.
- How do Heavily indebted poor countries (HIPC) and Lao People's Democratic Republic rank globally for interest payments?
- Heavily indebted poor countries (HIPC) ranks 19th and Lao People's Democratic Republic ranks 18th of 41 groups.
- 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.