Armenia vs Small states: Interest payments
Armenia
12.7%
in 2023
Small states
1.9%
in 2022
Armenia rank
39th
Small states rank
38th
Interest payments over time
- Armenia
- Small states
How they compare
Armenia currently reports 12.7% against 1.9% in Small states, a difference of 10.8%.
That makes Armenia's figure about 6.7 times Small states's.
The two have swapped places 3 times across 19 shared years of data; in 2004 it was Small states ahead.
Armenia ranks 39th and Small states ranks 38th of 152 countries.
Across the 3 decades both report, Armenia averaged higher in 2 and Small states in 1.
Head to head by decade
| Decade | Armenia | Small states | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 2.2% | 6.9% | 4.8% | Small states |
| 2010s | 6.7% | 5.2% | 1.5% | Armenia |
| 2020s | 10.5% | 3.5% | 6.9% | Armenia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest payments, Armenia or Small states?
- Armenia, at 12.7% against 1.9% in Small states as of 2023.
- What is the difference in interest payments between Armenia and Small states?
- 10.8%, with Armenia ahead.
- How many years of comparable data are there for Armenia and Small states?
- 19 years are reported by both, from 2004 to 2022.
- How do Armenia and Small states rank globally for interest payments?
- Armenia ranks 39th and Small states 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.