Australia vs Vanuatu: Interest payments
Australia
3.0%
in 2022
Vanuatu
3.0%
in 2023
Australia rank
113th
Vanuatu rank
115th
Interest payments over time
- Australia
- Vanuatu
How they compare
Australia currently reports 3.0% against 3.0% in Vanuatu, a difference of 0.0%.
The two have swapped places 4 times across 20 shared years of data; in 1990 it was Australia ahead.
Australia ranks 113th and Vanuatu ranks 115th of 152 countries.
Across the 4 decades both report, Australia averaged higher in 2 and Vanuatu in 2.
Head to head by decade
| Decade | Australia | Vanuatu | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 7.3% | 3.1% | 4.2% | Australia |
| 2000s | 1.4% | 2.4% | 1.0% | Vanuatu |
| 2010s | 3.2% | 3.4% | 0.1% | Vanuatu |
| 2020s | 2.8% | 2.5% | 0.3% | Australia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest payments, Australia or Vanuatu?
- Australia, at 3.0% against 3.0% in Vanuatu as of 2022.
- What is the difference in interest payments between Australia and Vanuatu?
- 0.0%, with Australia ahead.
- How many years of comparable data are there for Australia and Vanuatu?
- 20 years are reported by both, from 1990 to 2022.
- How do Australia and Vanuatu rank globally for interest payments?
- Australia ranks 113th and Vanuatu ranks 115th 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.