Democratic Republic of Congo vs Luxembourg: Interest payments (% of expense)
Interest payments (% of expense) over time
- Democratic Republic of Congo
- Luxembourg
How they compare
Democratic Republic of Congo currently reports 0.7% against 0.6% in Luxembourg, a difference of 0.1%.
That makes Democratic Republic of Congo's figure about 1.1 times Luxembourg's.
The two have swapped places 6 times across 30 shared years of data; in 1990 it was Democratic Republic of Congo ahead.
Democratic Republic of Congo ranks 143rd and Luxembourg ranks 144th of 152 countries.
Democratic Republic of Congo has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Democratic Republic of Congo | Luxembourg | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 6.1% | 0.7% | 5.4% | Democratic Republic of Congo |
| 2000s | 6.1% | 0.5% | 5.5% | Democratic Republic of Congo |
| 2010s | 1.6% | 1.0% | 0.6% | Democratic Republic of Congo |
| 2020s | 0.7% | 0.4% | 0.3% | Democratic Republic of Congo |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest payments, Democratic Republic of Congo or Luxembourg?
- Democratic Republic of Congo, at 0.7% against 0.6% in Luxembourg as of 2022.
- What is the difference in interest payments between Democratic Republic of Congo and Luxembourg?
- 0.1%, with Democratic Republic of Congo ahead.
- How many years of comparable data are there for Democratic Republic of Congo and Luxembourg?
- 30 years are reported by both, from 1990 to 2022.
- How do Democratic Republic of Congo and Luxembourg rank globally for interest payments?
- Democratic Republic of Congo ranks 143rd and Luxembourg ranks 144th 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.