Canada vs Norway: Interest, payable, Ratio of this level of government's expenditure on

Canada
0.3464
in 2020
Norway
0.4811
in 2020
Canada rank
79th
Norway rank
77th

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

  • Canada
  • Norway
00.20.40.60.8199020052020

How they compare

Norway currently reports 0.4811 against 0.3464 in Canada, a difference of 0.1347.

That makes Norway's figure about 1.4 times Canada's.

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

Canada ranks 79th and Norway ranks 77th of 80 countries.

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

Head to head by decade

Decade Canada Norway Difference Ahead
1990s 0.5861 0.7886 0.2024 Norway
2000s 0.5257 0.7701 0.2444 Norway
2010s 0.4003 0.533 0.1326 Norway
2020s 0.3464 0.4811 0.1346 Norway

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, Canada or Norway?
Norway, at 0.4811 against 0.3464 in Canada as of 2020.
What is the difference in interest, payable, ratio of this level of government's expenditure on between Canada and Norway?
0.1347, with Norway ahead.
How many years of comparable data are there for Canada and Norway?
26 years are reported by both, from 1995 to 2020.
How do Canada and Norway rank globally for interest, payable, ratio of this level of government's expenditure on?
Canada ranks 79th and Norway ranks 77th 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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Canada vs Norway: Interest, payable, Ratio of this level of government's expenditure on. Statizoid, drawing on International Monetary Fund. Retrieved 15 September 2026, from https://public-sector.statizoid.com/compare/interest-payable-ratio-of-this-level-of-government-s-expenditure-on-this-item-to-total/canada/norway/

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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.