Heavily indebted poor countries (HIPC) vs Philippines: Interest payments
Interest payments over time
- Heavily indebted poor countries (HIPC)
- Philippines
How they compare
Philippines currently reports 17.3% against 9.0% in Heavily indebted poor countries (HIPC), a difference of 8.3%.
That makes Philippines's figure about 1.9 times Heavily indebted poor countries (HIPC)'s.
Across all 11 years both countries report, Philippines has been ahead every year.
Heavily indebted poor countries (HIPC) ranks 22nd and Philippines ranks 25th of 41 groups.
Philippines has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Heavily indebted poor countries (HIPC) | Philippines | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 5.4% | 16.4% | 11.0% | Philippines |
| 2020s | 8.8% | 13.8% | 5.0% | Philippines |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest payments, Heavily indebted poor countries (HIPC) or Philippines?
- Philippines, at 17.3% against 9.0% in Heavily indebted poor countries (HIPC) as of 2024.
- What is the difference in interest payments between Heavily indebted poor countries (HIPC) and Philippines?
- 8.3%, with Philippines ahead.
- How many years of comparable data are there for Heavily indebted poor countries (HIPC) and Philippines?
- 11 years are reported by both, from 2010 to 2021.
- How do Heavily indebted poor countries (HIPC) and Philippines rank globally for interest payments?
- Heavily indebted poor countries (HIPC) ranks 22nd and Philippines ranks 25th 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 revenue). 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 a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.