Canada vs Norway: Interest payments
Interest payments over time
- Canada
- Norway
How they compare
Canada currently reports 51.94 billion current LCU against 45.49 billion current LCU in Norway, a difference of 6.45 billion current LCU.
That makes Canada's figure about 1.1 times Norway's.
The two have swapped places 2 times across 35 shared years of data; in 1990 it was Canada ahead.
Canada ranks 65th and Norway ranks 68th of 155 countries.
Canada has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Canada | Norway | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 42.74 billion current LCU | 19.25 billion current LCU | 23.49 billion current LCU | Canada |
| 2000s | 34.95 billion current LCU | 31.37 billion current LCU | 3.58 billion current LCU | Canada |
| 2010s | 25.59 billion current LCU | 14.42 billion current LCU | 11.17 billion current LCU | Canada |
| 2020s | 34.98 billion current LCU | 21.58 billion current LCU | 13.40 billion current LCU | Canada |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest payments, Canada or Norway?
- Canada, at 51.94 billion current LCU against 45.49 billion current LCU in Norway as of 2024.
- What is the difference in interest payments between Canada and Norway?
- 6.45 billion current LCU, with Canada ahead.
- How many years of comparable data are there for Canada and Norway?
- 35 years are reported by both, from 1990 to 2024.
- How do Canada and Norway rank globally for interest payments?
- Canada ranks 65th and Norway ranks 68th 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.
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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.