Europe & Central Asia (IDA & IBRD countries) vs Iceland: Interest payments
Interest payments over time
- Europe & Central Asia (IDA & IBRD countries)
- Iceland
How they compare
Iceland currently reports 14.7% against 5.2% in Europe & Central Asia (IDA & IBRD countries), a difference of 9.5%.
That makes Iceland's figure about 2.8 times Europe & Central Asia (IDA & IBRD countries)'s.
The two have swapped places 1 time across 23 shared years of data; in 1998 it was Europe & Central Asia (IDA & IBRD countries) ahead.
Europe & Central Asia (IDA & IBRD countries) ranks 31st and Iceland ranks 29th of 41 groups.
Across the 4 decades both report, Europe & Central Asia (IDA & IBRD countries) averaged higher in 1 and Iceland in 3.
Head to head by decade
| Decade | Europe & Central Asia (IDA & IBRD countries) | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 10.6% | 10.5% | 0.1% | Europe & Central Asia (IDA & IBRD countries) |
| 2000s | 3.6% | 16.4% | 12.8% | Iceland |
| 2010s | 3.7% | 18.9% | 15.2% | Iceland |
| 2020s | 4.3% | 12.5% | 8.3% | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest payments, Europe & Central Asia (IDA & IBRD countries) or Iceland?
- Iceland, at 14.7% against 5.2% in Europe & Central Asia (IDA & IBRD countries) as of 2023.
- What is the difference in interest payments between Europe & Central Asia (IDA & IBRD countries) and Iceland?
- 9.5%, with Iceland ahead.
- How many years of comparable data are there for Europe & Central Asia (IDA & IBRD countries) and Iceland?
- 23 years are reported by both, from 1998 to 2023.
- How do Europe & Central Asia (IDA & IBRD countries) and Iceland rank globally for interest payments?
- Europe & Central Asia (IDA & IBRD countries) ranks 31st 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.