European Union vs Senegal: Interest payments (% of expense)
European Union
2.8%
in 2023
Senegal
13.2%
in 2023
European Union rank
38th
Senegal rank
36th
Interest payments (% of expense) over time
- European Union
- Senegal
How they compare
Senegal currently reports 13.2% against 2.8% in European Union, a difference of 10.4%.
That makes Senegal's figure about 4.7 times European Union's.
Across all 9 years both countries report, Senegal has been ahead every year.
European Union ranks 38th and Senegal ranks 36th of 41 groups.
Senegal has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | European Union | Senegal | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 4.1% | 9.5% | 5.5% | Senegal |
| 2020s | 2.9% | 10.9% | 8.0% | Senegal |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest payments, European Union or Senegal?
- Senegal, at 13.2% against 2.8% in European Union as of 2023.
- What is the difference in interest payments between European Union and Senegal?
- 10.4%, with Senegal ahead.
- How many years of comparable data are there for European Union and Senegal?
- 9 years are reported by both, from 2015 to 2023.
- How do European Union and Senegal rank globally for interest payments?
- European Union ranks 38th and Senegal ranks 36th 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.