Armenia vs Other small states: Interest payments

Armenia
12.7%
in 2023
Other small states
3.1%
in 2023
Armenia rank
39th
Other small states rank
37th

Interest payments over time

  • Armenia
  • Other small states
0510152025198320032023

How they compare

Armenia currently reports 12.7% against 3.1% in Other small states, a difference of 9.6%.

That makes Armenia's figure about 4.2 times Other small states's.

The two have swapped places 3 times across 20 shared years of data; in 2004 it was Other small states ahead.

Armenia ranks 39th and Other small states ranks 37th of 152 countries.

Across the 3 decades both report, Armenia averaged higher in 2 and Other small states in 1.

Head to head by decade

Decade Armenia Other small states Difference Ahead
2000s 2.2% 5.3% 3.2% Other small states
2010s 6.7% 4.4% 2.3% Armenia
2020s 11.0% 3.4% 7.6% Armenia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher interest payments, Armenia or Other small states?
Armenia, at 12.7% against 3.1% in Other small states as of 2023.
What is the difference in interest payments between Armenia and Other small states?
9.6%, with Armenia ahead.
How many years of comparable data are there for Armenia and Other small states?
20 years are reported by both, from 2004 to 2023.
How do Armenia and Other small states rank globally for interest payments?
Armenia ranks 39th and Other small states ranks 37th 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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Armenia vs Other small states: Interest payments. Statizoid, drawing on Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 04 September 2026, from https://public-sector.statizoid.com/compare/interest-payments-percent-of-expense/armenia/other-small-states/

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About this data

Indicator
Interest payments (% of expense)
Unit
% of expense
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
193 places, 5,277 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 as percentage of total expenses which is any decrease in net worth resulting from a transaction.