Colombia vs Panama: Interest payments
Colombia
13.2%
in 2023
Panama
13.4%
in 2021
Colombia rank
37th
Panama rank
35th
Interest payments over time
- Colombia
- Panama
How they compare
Panama currently reports 13.4% against 13.2% in Colombia, a difference of 0.2%.
Across all 8 years both countries report, Panama has been ahead every year.
Colombia ranks 37th and Panama ranks 35th of 152 countries.
Panama has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Colombia | Panama | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 9.6% | 12.7% | 3.0% | Panama |
| 2020s | 9.9% | 13.1% | 3.3% | Panama |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest payments, Colombia or Panama?
- Panama, at 13.4% against 13.2% in Colombia as of 2021.
- What is the difference in interest payments between Colombia and Panama?
- 0.2%, with Panama ahead.
- How many years of comparable data are there for Colombia and Panama?
- 8 years are reported by both, from 2014 to 2021.
- How do Colombia and Panama rank globally for interest payments?
- Colombia ranks 37th and Panama ranks 35th 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.