Colombia vs Euro area: Interest payments (% of expense)
Colombia
13.2%
in 2023
Euro area
2.8%
in 2023
Colombia rank
37th
Euro area rank
38th
Interest payments (% of expense) over time
- Colombia
- Euro area
How they compare
Colombia currently reports 13.2% against 2.8% in Euro area, a difference of 10.4%.
That makes Colombia's figure about 4.7 times Euro area's.
Across all 20 years both countries report, Colombia has been ahead every year.
Colombia ranks 37th and Euro area ranks 38th of 152 countries.
Colombia has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Colombia | Euro area | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 15.6% | 8.1% | 7.5% | Colombia |
| 2000s | 15.5% | 5.6% | 9.9% | Colombia |
| 2010s | 9.7% | 4.8% | 4.9% | Colombia |
| 2020s | 11.6% | 2.8% | 8.8% | Colombia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest payments, Colombia or Euro area?
- Colombia, at 13.2% against 2.8% in Euro area as of 2023.
- What is the difference in interest payments between Colombia and Euro area?
- 10.4%, with Colombia ahead.
- How many years of comparable data are there for Colombia and Euro area?
- 20 years are reported by both, from 1998 to 2023.
- How do Colombia and Euro area rank globally for interest payments?
- Colombia ranks 37th and Euro area ranks 38th 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.