Azerbaijan vs Latvia: Interest payments
Azerbaijan
2.1%
in 2022
Latvia
1.9%
in 2023
Azerbaijan rank
125th
Latvia rank
128th
Interest payments over time
- Azerbaijan
- Latvia
How they compare
Azerbaijan currently reports 2.1% against 1.9% in Latvia, a difference of 0.2%.
That makes Azerbaijan's figure about 1.1 times Latvia's.
The two have swapped places 7 times across 21 shared years of data; in 1994 it was Latvia ahead.
Azerbaijan ranks 125th and Latvia ranks 128th of 152 countries.
Across the 4 decades both report, Azerbaijan averaged higher in 1 and Latvia in 3.
Head to head by decade
| Decade | Azerbaijan | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 1.6% | 2.6% | 1.0% | Latvia |
| 2000s | 0.7% | 2.5% | 1.8% | Latvia |
| 2010s | 2.0% | 3.9% | 1.9% | Latvia |
| 2020s | 2.3% | 1.5% | 0.8% | Azerbaijan |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest payments, Azerbaijan or Latvia?
- Azerbaijan, at 2.1% against 1.9% in Latvia as of 2022.
- What is the difference in interest payments between Azerbaijan and Latvia?
- 0.2%, with Azerbaijan ahead.
- How many years of comparable data are there for Azerbaijan and Latvia?
- 21 years are reported by both, from 1994 to 2022.
- How do Azerbaijan and Latvia rank globally for interest payments?
- Azerbaijan ranks 125th and Latvia ranks 128th 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.