Australia vs Sweden: Interest payments
Interest payments over time
- Australia
- Sweden
How they compare
Sweden currently reports 22.96 billion current LCU against 19.17 billion current LCU in Australia, a difference of 3.79 billion current LCU.
That makes Sweden's figure about 1.2 times Australia's.
The two have swapped places 2 times across 51 shared years of data; in 1972 it was Sweden ahead.
Australia ranks 78th and Sweden ranks 77th of 155 countries.
Across the 6 decades both report, Australia averaged higher in 1 and Sweden in 5.
Head to head by decade
| Decade | Australia | Sweden | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 1.11 billion current LCU | 4.50 billion current LCU | 3.39 billion current LCU | Sweden |
| 1980s | 5.12 billion current LCU | 48.67 billion current LCU | 43.55 billion current LCU | Sweden |
| 1990s | 7.88 billion current LCU | 79.27 billion current LCU | 71.40 billion current LCU | Sweden |
| 2000s | 5.35 billion current LCU | 51.40 billion current LCU | 46.05 billion current LCU | Sweden |
| 2010s | 14.07 billion current LCU | 23.69 billion current LCU | 9.63 billion current LCU | Sweden |
| 2020s | 18.14 billion current LCU | 16.19 billion current LCU | 1.95 billion current LCU | Australia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest payments, Australia or Sweden?
- Sweden, at 22.96 billion current LCU against 19.17 billion current LCU in Australia as of 2024.
- What is the difference in interest payments between Australia and Sweden?
- 3.79 billion current LCU, with Sweden ahead.
- How many years of comparable data are there for Australia and Sweden?
- 51 years are reported by both, from 1972 to 2022.
- How do Australia and Sweden rank globally for interest payments?
- Australia ranks 78th and Sweden ranks 77th 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.