Mexico vs Turkey: Interest payments

Mexico
1.30 trillion current LCU
in 2024
Turkey
1.65 trillion current LCU
in 2024
Mexico rank
22nd
Turkey rank
19th

Interest payments over time

  • Mexico
  • Turkey
0500.0B1.0T1.5T197219982024

How they compare

Turkey currently reports 1.65 trillion current LCU against 1.30 trillion current LCU in Mexico, a difference of 345.52 billion current LCU.

That makes Turkey's figure about 1.3 times Mexico's.

The two have swapped places 1 time across 43 shared years of data; in 1972 it was Mexico ahead.

Mexico ranks 22nd and Turkey ranks 19th of 155 countries.

Mexico has averaged higher in every one of the 6 decades both report.

Head to head by decade

Decade Mexico Turkey Difference Ahead
1970s 22.88 million current LCU 5,050 current LCU 22.87 million current LCU Mexico
1980s 19.35 billion current LCU 1.53 million current LCU 19.35 billion current LCU Mexico
1990s 53.16 billion current LCU 1.05 billion current LCU 52.11 billion current LCU Mexico
2000s 301.76 billion current LCU 48.35 billion current LCU 253.41 billion current LCU Mexico
2010s 452.39 billion current LCU 55.42 billion current LCU 396.97 billion current LCU Mexico
2020s 975.70 billion current LCU 730.20 billion current LCU 245.50 billion current LCU Mexico

Averages of every year both report within each decade.

Frequently asked questions

Which has higher interest payments, Mexico or Turkey?
Turkey, at 1.65 trillion current LCU against 1.30 trillion current LCU in Mexico as of 2024.
What is the difference in interest payments between Mexico and Turkey?
345.52 billion current LCU, with Turkey ahead.
How many years of comparable data are there for Mexico and Turkey?
43 years are reported by both, from 1972 to 2024.
How do Mexico and Turkey rank globally for interest payments?
Mexico ranks 22nd and Turkey ranks 19th 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

Indicator
Interest payments (current LCU)
Unit
current LCU
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
155 places, 4,505 data points, 1972–2024
Last refreshed

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.