Ecuador vs South Korea: Interest payments
Ecuador
4.7%
in 2022
South Korea
4.4%
in 2023
Ecuador rank
94th
South Korea rank
95th
Interest payments over time
- Ecuador
- South Korea
How they compare
Ecuador currently reports 4.7% against 4.4% in South Korea, a difference of 0.3%.
That makes Ecuador's figure about 1.1 times South Korea's.
The two have swapped places 1 time across 10 shared years of data; in 2013 it was South Korea ahead.
Ecuador ranks 94th and South Korea ranks 95th of 152 countries.
Ecuador has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Ecuador | South Korea | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 4.8% | 4.8% | 0.0% | Ecuador |
| 2020s | 5.5% | 3.5% | 2.0% | Ecuador |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest payments, Ecuador or South Korea?
- Ecuador, at 4.7% against 4.4% in South Korea as of 2022.
- What is the difference in interest payments between Ecuador and South Korea?
- 0.3%, with Ecuador ahead.
- How many years of comparable data are there for Ecuador and South Korea?
- 10 years are reported by both, from 2013 to 2022.
- How do Ecuador and South Korea rank globally for interest payments?
- Ecuador ranks 94th and South Korea ranks 95th 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.