Australia vs Sweden: Interest, payable, Ratio of this level of government's expenditure on

Australia
0.6951
in 2020
Sweden
0.7447
in 2020
Australia rank
73rd
Sweden rank
72nd

Interest, payable, Ratio of this level of government's expenditure on over time

  • Australia
  • Sweden
00.250.50.751197219962020

How they compare

Sweden currently reports 0.7447 against 0.6951 in Australia, a difference of 0.0496.

That makes Sweden's figure about 1.1 times Australia's.

Across all 26 years both countries report, Sweden has been ahead every year.

Australia ranks 73rd and Sweden ranks 72nd of 80 countries.

Sweden has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Australia Sweden Difference Ahead
1990s 0.514 0.9189 0.405 Sweden
2000s 0.6412 0.9078 0.2666 Sweden
2010s 0.6593 0.8093 0.15 Sweden
2020s 0.6951 0.7447 0.0496 Sweden

Averages of every year both report within each decade.

Frequently asked questions

Which has higher interest, payable, ratio of this level of government's expenditure on, Australia or Sweden?
Sweden, at 0.7447 against 0.6951 in Australia as of 2020.
What is the difference in interest, payable, ratio of this level of government's expenditure on between Australia and Sweden?
0.0496, with Sweden ahead.
How many years of comparable data are there for Australia and Sweden?
26 years are reported by both, from 1991 to 2020.
How do Australia and Sweden rank globally for interest, payable, ratio of this level of government's expenditure on?
Australia ranks 73rd and Sweden ranks 72nd of 80 countries.
Where does this data come from?
International Monetary Fund, published as Interest, payable, Ratio of this level of government's expenditure on this item to total general government expenditure on this, Percent (Central government). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Australia vs Sweden: Interest, payable, Ratio of this level of government's expenditure on. Statizoid, drawing on International Monetary Fund. Retrieved 16 September 2026, from https://public-sector.statizoid.com/compare/interest-payable-ratio-of-this-level-of-government-s-expenditure-on-this-item-to-total/australia/sweden/

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About this data

Indicator
Interest, payable, Ratio of this level of government's expenditure on this item to total general government expenditure on this, Percent (Central government)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
80 places, 1,616 data points, 1972–2020
Last refreshed

The Fiscal Decentralization dataset includes fiscal decentralization indicators for a sample of IMF member countries. The following indicators are included in the dataset: Revenue and Expenditure Decentralization Shares; Transfer dependency and Vertical Fiscal Imbalances; Deficit and Debt; Allocation of expenditure (economic classification); Allocation of expenditure (functional classification); Allocation of non-Tax Revenues; and Allocation of Taxes.