Australia vs Cyprus: Interest payments
Australia
3.0%
in 2022
Cyprus
3.1%
in 2023
Australia rank
113th
Cyprus rank
112th
Interest payments over time
- Australia
- Cyprus
How they compare
Cyprus currently reports 3.1% against 3.0% in Australia, a difference of 0.1%.
The two have swapped places 7 times across 51 shared years of data; in 1972 it was Australia ahead.
Australia ranks 113th and Cyprus ranks 112th of 152 countries.
Across the 6 decades both report, Australia averaged higher in 1 and Cyprus in 5.
Head to head by decade
| Decade | Australia | Cyprus | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 6.5% | 5.2% | 1.2% | Australia |
| 1980s | 8.5% | 13.0% | 4.5% | Cyprus |
| 1990s | 6.6% | 11.9% | 5.2% | Cyprus |
| 2000s | 2.5% | 7.7% | 5.1% | Cyprus |
| 2010s | 3.2% | 6.1% | 2.8% | Cyprus |
| 2020s | 2.8% | 4.1% | 1.2% | Cyprus |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest payments, Australia or Cyprus?
- Cyprus, at 3.1% against 3.0% in Australia as of 2023.
- What is the difference in interest payments between Australia and Cyprus?
- 0.1%, with Cyprus ahead.
- How many years of comparable data are there for Australia and Cyprus?
- 51 years are reported by both, from 1972 to 2022.
- How do Australia and Cyprus rank globally for interest payments?
- Australia ranks 113th and Cyprus ranks 112th 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.