Argentina vs Canada: Interest payments
Argentina
7.3%
in 2023
Canada
7.6%
in 2023
Argentina rank
74th
Canada rank
72nd
Interest payments over time
- Argentina
- Canada
How they compare
Canada currently reports 7.6% against 7.3% in Argentina, a difference of 0.3%.
The two have swapped places 2 times across 25 shared years of data; in 1990 it was Canada ahead.
Argentina ranks 74th and Canada ranks 72nd of 152 countries.
Across the 4 decades both report, Argentina averaged higher in 3 and Canada in 1.
Head to head by decade
| Decade | Argentina | Canada | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 11.2% | 22.9% | 11.7% | Canada |
| 2000s | 26.6% | 17.9% | 8.7% | Argentina |
| 2010s | 10.8% | 6.6% | 4.2% | Argentina |
| 2020s | 7.3% | 5.4% | 1.8% | Argentina |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest payments, Argentina or Canada?
- Canada, at 7.6% against 7.3% in Argentina as of 2023.
- What is the difference in interest payments between Argentina and Canada?
- 0.3%, with Canada ahead.
- How many years of comparable data are there for Argentina and Canada?
- 25 years are reported by both, from 1990 to 2023.
- How do Argentina and Canada rank globally for interest payments?
- Argentina ranks 74th and Canada ranks 72nd of 152 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Interest payments (% of expense). 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 as percentage of total expenses which is any decrease in net worth resulting from a transaction.