Armenia vs Euro area: Interest payments (% of expense)
Armenia
12.7%
in 2023
Euro area
2.8%
in 2023
Armenia rank
39th
Euro area rank
38th
Interest payments (% of expense) over time
- Armenia
- Euro area
How they compare
Armenia currently reports 12.7% against 2.8% in Euro area, a difference of 9.9%.
That makes Armenia's figure about 4.6 times Euro area's.
The two have swapped places 1 time across 20 shared years of data; in 2004 it was Euro area ahead.
Armenia ranks 39th and Euro area ranks 38th of 152 countries.
Across the 3 decades both report, Armenia averaged higher in 2 and Euro area in 1.
Head to head by decade
| Decade | Armenia | Euro area | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 2.2% | 4.9% | 2.7% | Euro area |
| 2010s | 6.7% | 4.8% | 1.9% | Armenia |
| 2020s | 11.0% | 2.8% | 8.3% | Armenia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest payments, Armenia or Euro area?
- Armenia, at 12.7% against 2.8% in Euro area as of 2023.
- What is the difference in interest payments between Armenia and Euro area?
- 9.9%, with Armenia ahead.
- How many years of comparable data are there for Armenia and Euro area?
- 20 years are reported by both, from 2004 to 2023.
- How do Armenia and Euro area rank globally for interest payments?
- Armenia ranks 39th and Euro area ranks 38th 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.
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 as percentage of total expenses which is any decrease in net worth resulting from a transaction.