Brazil vs Latin America & the Caribbean (IDA & IBRD countries): Interest payments
Interest payments over time
- Brazil
- Latin America & the Caribbean (IDA & IBRD countries)
How they compare
Brazil currently reports 24.1% against 12.6% in Latin America & the Caribbean (IDA & IBRD countries), a difference of 11.5%.
That makes Brazil's figure about 1.9 times Latin America & the Caribbean (IDA & IBRD countries)'s.
Across all 14 years both countries report, Brazil has been ahead every year.
Brazil ranks 7th and Latin America & the Caribbean (IDA & IBRD countries) ranks 4th of 152 countries.
Brazil has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Brazil | Latin America & the Caribbean (IDA & IBRD countries) | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 26.5% | 9.2% | 17.3% | Brazil |
| 2020s | 21.9% | 11.0% | 10.9% | Brazil |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest payments, Brazil or Latin America & the Caribbean (IDA & IBRD countries)?
- Brazil, at 24.1% against 12.6% in Latin America & the Caribbean (IDA & IBRD countries) as of 2023.
- What is the difference in interest payments between Brazil and Latin America & the Caribbean (IDA & IBRD countries)?
- 11.5%, with Brazil ahead.
- How many years of comparable data are there for Brazil and Latin America & the Caribbean (IDA & IBRD countries)?
- 14 years are reported by both, from 2010 to 2023.
- How do Brazil and Latin America & the Caribbean (IDA & IBRD countries) rank globally for interest payments?
- Brazil ranks 7th and Latin America & the Caribbean (IDA & IBRD countries) ranks 4th 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.