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RIP is a dynamic internetwork routing protocol primary used in interior routing environments. A dynamic routing protocol, as opposed to a static routing protocol, automatically discovers routes and builds routing tables. Interior environments are typically private networks (autonomous systems). In contrast, exterior routing protocols such as BGP are used to exchange route summaries between autonomous systems. BGP is used among autonomous systems on the Internet.

RIP uses the distance-vector algorithm developed by Bellman and Ford (Bellman-Ford algorithm). Refer to "Distance-Vector Routing" for more information.