European Union vs Tanzania: Interest payments (% of expense)
European Union
2.8%
in 2023
Tanzania
12.6%
in 2024
European Union rank
38th
Tanzania rank
40th
Interest payments (% of expense) over time
- European Union
- Tanzania
How they compare
Tanzania currently reports 12.6% against 2.8% in European Union, a difference of 9.8%.
That makes Tanzania's figure about 4.5 times European Union's.
The two have swapped places 2 times across 15 shared years of data; in 2009 it was Tanzania ahead.
European Union ranks 38th and Tanzania ranks 40th of 41 groups.
Tanzania has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | European Union | Tanzania | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 4.5% | 5.3% | 0.8% | Tanzania |
| 2010s | 4.7% | 7.9% | 3.3% | Tanzania |
| 2020s | 2.9% | 10.1% | 7.3% | Tanzania |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest payments, European Union or Tanzania?
- Tanzania, at 12.6% against 2.8% in European Union as of 2024.
- What is the difference in interest payments between European Union and Tanzania?
- 9.8%, with Tanzania ahead.
- How many years of comparable data are there for European Union and Tanzania?
- 15 years are reported by both, from 2009 to 2023.
- How do European Union and Tanzania rank globally for interest payments?
- European Union ranks 38th and Tanzania ranks 40th 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.