El Salvador vs Panama: Interest payments
El Salvador
14.1%
in 2023
Panama
13.4%
in 2021
El Salvador rank
34th
Panama rank
35th
Interest payments over time
- El Salvador
- Panama
How they compare
El Salvador currently reports 14.1% against 13.4% in Panama, a difference of 0.7%.
That makes El Salvador's figure about 1.1 times Panama's.
Across all 8 years both countries report, Panama has been ahead every year.
El Salvador ranks 34th 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 | El Salvador | Panama | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 11.2% | 12.7% | 1.5% | Panama |
| 2020s | 10.0% | 13.1% | 3.1% | Panama |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest payments, El Salvador or Panama?
- El Salvador, at 14.1% against 13.4% in Panama as of 2023.
- What is the difference in interest payments between El Salvador and Panama?
- 0.7%, with El Salvador ahead.
- How many years of comparable data are there for El Salvador and Panama?
- 8 years are reported by both, from 2014 to 2021.
- How do El Salvador and Panama rank globally for interest payments?
- El Salvador ranks 34th 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.