Latvia vs Luxembourg: Interest payments
Interest payments over time
- Latvia
- Luxembourg
How they compare
Latvia currently reports 390.92 million current LCU against 243.70 million current LCU in Luxembourg, a difference of 147.22 million current LCU.
That makes Latvia's figure about 1.6 times Luxembourg's.
The two have swapped places 3 times across 31 shared years of data; in 1994 it was Luxembourg ahead.
Latvia ranks 136th and Luxembourg ranks 138th of 155 countries.
Across the 4 decades both report, Latvia averaged higher in 3 and Luxembourg in 1.
Head to head by decade
| Decade | Latvia | Luxembourg | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 38.81 million current LCU | 53.08 million current LCU | 14.26 million current LCU | Luxembourg |
| 2000s | 91.17 million current LCU | 65.65 million current LCU | 25.53 million current LCU | Latvia |
| 2010s | 289.11 million current LCU | 204.48 million current LCU | 84.63 million current LCU | Latvia |
| 2020s | 233.66 million current LCU | 160.96 million current LCU | 72.69 million current LCU | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest payments, Latvia or Luxembourg?
- Latvia, at 390.92 million current LCU against 243.70 million current LCU in Luxembourg as of 2024.
- What is the difference in interest payments between Latvia and Luxembourg?
- 147.22 million current LCU, with Latvia ahead.
- How many years of comparable data are there for Latvia and Luxembourg?
- 31 years are reported by both, from 1994 to 2024.
- How do Latvia and Luxembourg rank globally for interest payments?
- Latvia ranks 136th and Luxembourg ranks 138th 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.