Canada vs Greece: Interest payments
Canada
7.6%
in 2023
Greece
7.3%
in 2023
Canada rank
72nd
Greece rank
75th
Interest payments over time
- Canada
- Greece
How they compare
Canada currently reports 7.6% against 7.3% in Greece, a difference of 0.3%.
The two have swapped places 4 times across 28 shared years of data; in 1990 it was Canada ahead.
Canada ranks 72nd and Greece ranks 75th of 152 countries.
Across the 4 decades both report, Canada averaged higher in 2 and Greece in 2.
Head to head by decade
| Decade | Canada | Greece | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 23.6% | 19.4% | 4.2% | Canada |
| 2000s | 14.7% | 12.1% | 2.6% | Canada |
| 2010s | 7.4% | 8.6% | 1.1% | Greece |
| 2020s | 5.4% | 5.7% | 0.2% | Greece |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest payments, Canada or Greece?
- Canada, at 7.6% against 7.3% in Greece as of 2023.
- What is the difference in interest payments between Canada and Greece?
- 0.3%, with Canada ahead.
- How many years of comparable data are there for Canada and Greece?
- 28 years are reported by both, from 1990 to 2023.
- How do Canada and Greece rank globally for interest payments?
- Canada ranks 72nd and Greece ranks 75th 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.