Status under enhanced HIPC initiative in Democratic Republic of Congo
Democratic Republic of Congo: Status under enhanced HIPC initiative was 2 in 2011. ◆ Volatile
Status under enhanced HIPC initiative in Democratic Republic of Congo, 2000–2011
Source: World Bank, Economic Policy and Debt Department.
Analysis
In 2011, status under enhanced hipc initiative in Democratic Republic of Congo stood at 2.
That represents a change of down 50.0% over ten years.
Over the whole period, status under enhanced hipc initiative in Democratic Republic of Congo peaked at 4 in 2000 and was at its lowest, 1, in 2003.
That places Democratic Republic of Congo 7th out of 42 countries with data for 2011, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.9 | 1 | 4 | 10 |
| 2010s | 2 | 2 | 2 | 2 |
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Frequently asked questions
- What is status under enhanced hipc initiative in Democratic Republic of Congo?
- Status under enhanced hipc initiative in Democratic Republic of Congo was 2 in 2011, according to World Bank, Economic Policy and Debt Department.
- What is the highest status under enhanced hipc initiative recorded in Democratic Republic of Congo?
- The highest recorded value was 4 in 2000.
- What is the lowest status under enhanced hipc initiative recorded in Democratic Republic of Congo?
- The lowest recorded value was 1 in 2003.
- How does Democratic Republic of Congo rank for status under enhanced hipc initiative?
- Democratic Republic of Congo ranks 7th out of 42 countries with data for 2011.
- Is status under enhanced hipc initiative rising or falling in Democratic Republic of Congo?
- Over the last ten years it is down 50.0%. The long-run trend across the full record is volatile.
- Where does this Democratic Republic of Congo data come from?
- The figures come from World Bank, Economic Policy and Debt Department, published as part of Status under enhanced HIPC initiative. Statizoid updates them automatically from the source API.
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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.