Cyprus vs New Zealand: Interest payments
Cyprus
3.1%
in 2023
New Zealand
3.0%
in 2022
Cyprus rank
112th
New Zealand rank
114th
Interest payments over time
- Cyprus
- New Zealand
How they compare
Cyprus currently reports 3.1% against 3.0% in New Zealand, a difference of 0.1%.
The two have swapped places 1 time across 39 shared years of data; in 1972 it was New Zealand ahead.
Cyprus ranks 112th and New Zealand ranks 114th of 152 countries.
Across the 5 decades both report, Cyprus averaged higher in 3 and New Zealand in 2.
Head to head by decade
| Decade | Cyprus | New Zealand | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 5.2% | 9.0% | 3.8% | New Zealand |
| 1980s | 12.7% | 15.3% | 2.5% | New Zealand |
| 2000s | 7.5% | 4.6% | 2.8% | Cyprus |
| 2010s | 6.1% | 4.2% | 1.9% | Cyprus |
| 2020s | 4.1% | 2.8% | 1.3% | Cyprus |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest payments, Cyprus or New Zealand?
- Cyprus, at 3.1% against 3.0% in New Zealand as of 2023.
- What is the difference in interest payments between Cyprus and New Zealand?
- 0.1%, with Cyprus ahead.
- How many years of comparable data are there for Cyprus and New Zealand?
- 39 years are reported by both, from 1972 to 2022.
- How do Cyprus and New Zealand rank globally for interest payments?
- Cyprus ranks 112th and New Zealand ranks 114th 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.