Congo vs Papua New Guinea: Interest payments
Congo
11.5%
in 2021
Papua New Guinea
12.3%
in 2023
Congo rank
44th
Papua New Guinea rank
41st
Interest payments over time
- Congo
- Papua New Guinea
How they compare
Papua New Guinea currently reports 12.3% against 11.5% in Congo, a difference of 0.8%.
That makes Papua New Guinea's figure about 1.1 times Congo's.
The two have swapped places 3 times across 10 shared years of data; in 2001 it was Congo ahead.
Congo ranks 44th and Papua New Guinea ranks 41st of 152 countries.
Across the 3 decades both report, Congo averaged higher in 1 and Papua New Guinea in 2.
Head to head by decade
| Decade | Congo | Papua New Guinea | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 33.0% | 17.8% | 15.2% | Congo |
| 2010s | 7.7% | 11.0% | 3.3% | Papua New Guinea |
| 2020s | 10.3% | 12.5% | 2.1% | Papua New Guinea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest payments, Congo or Papua New Guinea?
- Papua New Guinea, at 12.3% against 11.5% in Congo as of 2023.
- What is the difference in interest payments between Congo and Papua New Guinea?
- 0.8%, with Papua New Guinea ahead.
- How many years of comparable data are there for Congo and Papua New Guinea?
- 10 years are reported by both, from 2001 to 2021.
- How do Congo and Papua New Guinea rank globally for interest payments?
- Congo ranks 44th and Papua New Guinea ranks 41st 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.