Iceland vs Latvia: Interest, payable, Ratio of this level of government's expenditure on

Iceland
0.8988
in 2020
Latvia
0.8933
in 2020
Iceland rank
60th
Latvia rank
62nd

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

  • Iceland
  • Latvia
00.511.5199020052020

How they compare

Iceland currently reports 0.8988 against 0.8933 in Latvia, a difference of 0.0055.

The two have swapped places 7 times across 26 shared years of data; in 1995 it was Latvia ahead.

Iceland ranks 60th and Latvia ranks 62nd of 80 countries.

Across the 4 decades both report, Iceland averaged higher in 3 and Latvia in 1.

Head to head by decade

Decade Iceland Latvia Difference Ahead
1990s 0.8835 0.8575 0.026 Iceland
2000s 0.8851 0.995 0.1099 Latvia
2010s 0.9381 0.916 0.0221 Iceland
2020s 0.8988 0.8933 0.0055 Iceland

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, Iceland or Latvia?
Iceland, at 0.8988 against 0.8933 in Latvia as of 2020.
What is the difference in interest, payable, ratio of this level of government's expenditure on between Iceland and Latvia?
0.0055, with Iceland ahead.
How many years of comparable data are there for Iceland and Latvia?
26 years are reported by both, from 1995 to 2020.
How do Iceland and Latvia rank globally for interest, payable, ratio of this level of government's expenditure on?
Iceland ranks 60th and Latvia ranks 62nd 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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Iceland vs Latvia: 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/iceland/latvia/

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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.