Australia vs New Zealand: Interest payments
Australia
3.0%
in 2022
New Zealand
3.0%
in 2022
Australia rank
113th
New Zealand rank
114th
Interest payments over time
- Australia
- New Zealand
How they compare
Australia currently reports 3.0% against 3.0% in New Zealand, a difference of 0.0%.
The two have swapped places 3 times across 39 shared years of data; in 1972 it was New Zealand ahead.
Australia ranks 113th and New Zealand ranks 114th of 152 countries.
Across the 5 decades both report, Australia averaged higher in 1 and New Zealand in 4.
Head to head by decade
| Decade | Australia | New Zealand | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 6.5% | 9.0% | 2.5% | New Zealand |
| 1980s | 8.4% | 15.3% | 6.8% | New Zealand |
| 2000s | 2.1% | 4.6% | 2.6% | New Zealand |
| 2010s | 3.2% | 4.2% | 0.9% | New Zealand |
| 2020s | 2.8% | 2.8% | 0.0% | Australia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest payments, Australia or New Zealand?
- Australia, at 3.0% against 3.0% in New Zealand as of 2022.
- What is the difference in interest payments between Australia and New Zealand?
- 0.0%, with Australia ahead.
- How many years of comparable data are there for Australia and New Zealand?
- 39 years are reported by both, from 1972 to 2022.
- How do Australia and New Zealand rank globally for interest payments?
- Australia ranks 113th and New Zealand ranks 114th 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.