Georgia vs Mongolia: Interest payments
Georgia
5.9%
in 2023
Mongolia
6.0%
in 2021
Georgia rank
84th
Mongolia rank
81st
Interest payments over time
- Georgia
- Mongolia
How they compare
Mongolia currently reports 6.0% against 5.9% in Georgia, a difference of 0.1%.
The two have swapped places 3 times across 25 shared years of data; in 1995 it was Georgia ahead.
Georgia ranks 84th and Mongolia ranks 81st of 152 countries.
Across the 4 decades both report, Georgia averaged higher in 2 and Mongolia in 2.
Head to head by decade
| Decade | Georgia | Mongolia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 10.4% | 6.6% | 3.8% | Georgia |
| 2000s | 8.3% | 3.5% | 4.7% | Georgia |
| 2010s | 3.9% | 9.0% | 5.1% | Mongolia |
| 2020s | 5.1% | 6.9% | 1.9% | Mongolia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest payments, Georgia or Mongolia?
- Mongolia, at 6.0% against 5.9% in Georgia as of 2021.
- What is the difference in interest payments between Georgia and Mongolia?
- 0.1%, with Mongolia ahead.
- How many years of comparable data are there for Georgia and Mongolia?
- 25 years are reported by both, from 1995 to 2021.
- How do Georgia and Mongolia rank globally for interest payments?
- Georgia ranks 84th and Mongolia ranks 81st of 152 countries.
- 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.
Individual pages
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.