Australia vs Denmark: Interest payments
Interest payments over time
- Australia
- Denmark
How they compare
Australia currently reports 19.17 billion current LCU against 16.16 billion current LCU in Denmark, a difference of 3.00 billion current LCU.
That makes Australia's figure about 1.2 times Denmark's.
The two have swapped places 1 time across 51 shared years of data; in 1972 it was Denmark ahead.
Australia ranks 78th and Denmark ranks 81st of 155 countries.
Across the 6 decades both report, Australia averaged higher in 1 and Denmark in 5.
Head to head by decade
| Decade | Australia | Denmark | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 1.11 billion current LCU | 2.55 billion current LCU | 1.44 billion current LCU | Denmark |
| 1980s | 5.12 billion current LCU | 35.16 billion current LCU | 30.05 billion current LCU | Denmark |
| 1990s | 7.88 billion current LCU | 52.44 billion current LCU | 44.56 billion current LCU | Denmark |
| 2000s | 5.35 billion current LCU | 30.95 billion current LCU | 25.60 billion current LCU | Denmark |
| 2010s | 14.07 billion current LCU | 22.29 billion current LCU | 8.22 billion current LCU | Denmark |
| 2020s | 18.14 billion current LCU | 12.31 billion current LCU | 5.83 billion current LCU | Australia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest payments, Australia or Denmark?
- Australia, at 19.17 billion current LCU against 16.16 billion current LCU in Denmark as of 2022.
- What is the difference in interest payments between Australia and Denmark?
- 3.00 billion current LCU, with Australia ahead.
- How many years of comparable data are there for Australia and Denmark?
- 51 years are reported by both, from 1972 to 2022.
- How do Australia and Denmark rank globally for interest payments?
- Australia ranks 78th and Denmark ranks 81st of 155 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Interest payments (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Interest payments include interest payments on government debt (including long-term bonds, long-term loans, and other debt instruments) to domestic and foreign residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.