Armenia vs Papua New Guinea: Interest payments
Armenia
12.7%
in 2023
Papua New Guinea
12.3%
in 2023
Armenia rank
39th
Papua New Guinea rank
41st
Interest payments over time
- Armenia
- Papua New Guinea
How they compare
Armenia currently reports 12.7% against 12.3% in Papua New Guinea, a difference of 0.4%.
The two have swapped places 1 time across 10 shared years of data; in 2014 it was Papua New Guinea ahead.
Armenia ranks 39th and Papua New Guinea ranks 41st of 152 countries.
Papua New Guinea has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Armenia | Papua New Guinea | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 8.3% | 11.0% | 2.7% | Papua New Guinea |
| 2020s | 11.0% | 12.3% | 1.2% | Papua New Guinea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest payments, Armenia or Papua New Guinea?
- Armenia, at 12.7% against 12.3% in Papua New Guinea as of 2023.
- What is the difference in interest payments between Armenia and Papua New Guinea?
- 0.4%, with Armenia ahead.
- How many years of comparable data are there for Armenia and Papua New Guinea?
- 10 years are reported by both, from 2014 to 2023.
- How do Armenia and Papua New Guinea rank globally for interest payments?
- Armenia ranks 39th and Papua New Guinea ranks 41st 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.