Bahamas vs Sub-Saharan Africa: Interest payments
Bahamas
18.4%
in 2023
Sub-Saharan Africa
10.2%
in 2021
Bahamas rank
16th
Sub-Saharan Africa rank
13th
Interest payments over time
- Bahamas
- Sub-Saharan Africa
How they compare
Bahamas currently reports 18.4% against 10.2% in Sub-Saharan Africa, a difference of 8.2%.
That makes Bahamas's figure about 1.8 times Sub-Saharan Africa's.
Across all 13 years both countries report, Bahamas has been ahead every year.
Bahamas ranks 16th and Sub-Saharan Africa ranks 13th of 152 countries.
Bahamas has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Bahamas | Sub-Saharan Africa | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 10.8% | 5.8% | 5.0% | Bahamas |
| 2010s | 12.3% | 6.4% | 5.9% | Bahamas |
| 2020s | 13.6% | 9.5% | 4.1% | Bahamas |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest payments, Bahamas or Sub-Saharan Africa?
- Bahamas, at 18.4% against 10.2% in Sub-Saharan Africa as of 2023.
- What is the difference in interest payments between Bahamas and Sub-Saharan Africa?
- 8.2%, with Bahamas ahead.
- How many years of comparable data are there for Bahamas and Sub-Saharan Africa?
- 13 years are reported by both, from 2009 to 2021.
- How do Bahamas and Sub-Saharan Africa rank globally for interest payments?
- Bahamas ranks 16th and Sub-Saharan Africa ranks 13th 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.