Europe & Central Asia (excluding high income) vs Iceland: Interest payments
Interest payments over time
- Europe & Central Asia (excluding high income)
- Iceland
How they compare
Iceland currently reports 14.7% against 5.8% in Europe & Central Asia (excluding high income), a difference of 8.9%.
That makes Iceland's figure about 2.5 times Europe & Central Asia (excluding high income)'s.
Across all 16 years both countries report, Iceland has been ahead every year.
Europe & Central Asia (excluding high income) ranks 29th and Iceland ranks 29th of 41 groups.
Iceland has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Europe & Central Asia (excluding high income) | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 1.9% | 25.2% | 23.4% | Iceland |
| 2010s | 4.0% | 18.9% | 14.9% | Iceland |
| 2020s | 4.8% | 12.5% | 7.7% | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest payments, Europe & Central Asia (excluding high income) or Iceland?
- Iceland, at 14.7% against 5.8% in Europe & Central Asia (excluding high income) as of 2023.
- What is the difference in interest payments between Europe & Central Asia (excluding high income) and Iceland?
- 8.9%, with Iceland ahead.
- How many years of comparable data are there for Europe & Central Asia (excluding high income) and Iceland?
- 16 years are reported by both, from 2008 to 2023.
- How do Europe & Central Asia (excluding high income) and Iceland rank globally for interest payments?
- Europe & Central Asia (excluding high income) ranks 29th and Iceland ranks 29th of 41 groups.
- 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.