European Union vs Panama: Interest payments (% of expense)
European Union
2.8%
in 2023
Panama
13.4%
in 2021
European Union rank
38th
Panama rank
35th
Interest payments (% of expense) over time
- European Union
- Panama
How they compare
Panama currently reports 13.4% against 2.8% in European Union, a difference of 10.6%.
That makes Panama's figure about 4.8 times European Union's.
Across all 8 years both countries report, Panama has been ahead every year.
European Union ranks 38th and Panama ranks 35th of 41 groups.
Panama has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | European Union | Panama | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 4.2% | 12.7% | 8.4% | Panama |
| 2020s | 2.8% | 13.1% | 10.3% | Panama |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest payments, European Union or Panama?
- Panama, at 13.4% against 2.8% in European Union as of 2021.
- What is the difference in interest payments between European Union and Panama?
- 10.6%, with Panama ahead.
- How many years of comparable data are there for European Union and Panama?
- 8 years are reported by both, from 2014 to 2021.
- How do European Union and Panama rank globally for interest payments?
- European Union ranks 38th and Panama ranks 35th 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.