Laos vs Somalia: Status under enhanced HIPC initiative
Status under enhanced HIPC initiative over time
- Laos
- Somalia
How they compare
Laos currently reports 5 against 3 in Somalia, a difference of 2.
That makes Laos's figure about 1.7 times Somalia's.
The two have swapped places 1 time across 7 shared years of data; in 2000 it was Somalia ahead.
Laos ranks 1st and Somalia ranks 3rd of 42 countries.
Laos has averaged higher in every one of the 1 decades both report.
Frequently asked questions
- Which has higher status under enhanced hipc initiative, Laos or Somalia?
- Laos, at 5 against 3 in Somalia as of 2006.
- What is the difference in status under enhanced hipc initiative between Laos and Somalia?
- 2, with Laos ahead.
- How many years of comparable data are there for Laos and Somalia?
- 7 years are reported by both, from 2000 to 2006.
- How do Laos and Somalia rank globally for status under enhanced hipc initiative?
- Laos ranks 1st and Somalia ranks 3rd of 42 countries.
- Where does this data come from?
- World Bank, Economic Policy and Debt Department, published as Status under enhanced HIPC initiative. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Indicator shows the status of heavily indebted poor countries country under the enhanced HIPC initiative. Heavily indebted poor countries reach HIPC decision point if they have a track record of macroeconomic stability, have prepared an Interim Poverty Reduction Strategy through a participatory process, and have cleared or reached an agreement on a process to clear, the outstanding arrears to multilateral creditors. The amount of debt relief necessary to bring countries’ debt indicators to HIPC thresholds is calculated, and countries begin receiving debt relief. Heavily indebted poor countries reach HIPC completion point if they maintain macroeconomic stability under a Poverty Reduction and Growth Facility (PRGF) supported program, carry out key structural and social reforms agreed on at the decision point, and implement satisfactorily Poverty Reduction Strategy for one year. Debt relief is then provided irrevocably by the country’s creditors.