Status under enhanced HIPC initiative by country
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...
What the numbers show
Status under enhanced HIPC initiative is currently reported for 42 countries. The highest value is 5 in Laos; the lowest is 1 in Chad.
The median across all reporting countries is 2, and the mean is 2.14.
The gap between the highest and lowest reporting country is a factor of about 5.
Over the past decade 21 countries rose and 12 fell. The largest increase was in Sao Tome and Principe (up 100.0%), and the largest decrease in Comoros (down 75.0%).
Status under enhanced HIPC initiative: full country ranking
| # | Country | Latest | Year | 10-year change | Trend |
|---|---|---|---|---|---|
| 1 | Laos | 5 | 2006 | up 25.0% | rising |
| 1 | Myanmar | 5 | 2006 | up 25.0% | rising |
| 3 | Eritrea | 3 | 2011 | unchanged | flat |
| 3 | Kyrgyzstan | 3 | 2011 | unchanged | flat |
| 3 | Sudan | 3 | 2011 | down 25.0% | falling |
| 3 | Somalia | 3 | 2011 | down 25.0% | falling |
| 7 | Sao Tome and Principe | 2 | 2011 | up 100.0% | rising |
| 7 | Sierra Leone | 2 | 2011 | down 50.0% | falling |
| 7 | Senegal | 2 | 2011 | up 100.0% | rising |
| 7 | Togo | 2 | 2011 | down 50.0% | falling |
| 7 | Rwanda | 2 | 2011 | up 100.0% | rising |
| 7 | Zambia | 2 | 2011 | up 100.0% | rising |
| 7 | Nicaragua | 2 | 2011 | up 100.0% | rising |
| 7 | Niger | 2 | 2011 | up 100.0% | rising |
| 7 | Malawi | 2 | 2011 | up 100.0% | rising |
| 7 | Mauritania | 2 | 2011 | up 100.0% | rising |
| 7 | Mozambique | 2 | 2011 | unchanged | rising |
| 7 | Tanzania | 2 | 2011 | unchanged | rising |
| 7 | Mali | 2 | 2011 | up 100.0% | rising |
| 7 | Madagascar | 2 | 2011 | up 100.0% | rising |
| 7 | Uganda | 2 | 2011 | unchanged | flat |
| 7 | Afghanistan | 2 | 2011 | — | rising |
| 7 | Congo | 2 | 2011 | down 50.0% | volatile |
| 7 | Burundi | 2 | 2011 | down 50.0% | volatile |
| 7 | Benin | 2 | 2011 | up 100.0% | rising |
| 7 | Burkina Faso | 2 | 2011 | up 100.0% | rising |
| 7 | Bolivia | 2 | 2011 | unchanged | rising |
| 7 | Central African Republic | 2 | 2011 | down 50.0% | falling |
| 7 | Cameroon | 2 | 2011 | up 100.0% | rising |
| 7 | Democratic Republic of Congo | 2 | 2011 | down 50.0% | volatile |
| 7 | Liberia | 2 | 2011 | down 50.0% | falling |
| 7 | Ethiopia | 2 | 2011 | up 100.0% | flat |
| 7 | Ghana | 2 | 2011 | down 50.0% | falling |
| 7 | Gambia | 2 | 2011 | up 100.0% | rising |
| 7 | Guinea-Bissau | 2 | 2011 | up 100.0% | rising |
| 7 | Guyana | 2 | 2011 | up 100.0% | rising |
| 7 | Honduras | 2 | 2011 | up 100.0% | rising |
| 7 | Haiti | 2 | 2011 | up 100.0% | rising |
| 39 | Comoros | 1 | 2011 | down 75.0% | falling |
| 39 | Guinea | 1 | 2011 | unchanged | flat |
| 39 | Cote d'Ivoire | 1 | 2011 | down 75.0% | falling |
| 39 | Chad | 1 | 2011 | unchanged | volatile |
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.