Ghana vs Zambia: Interest payments
Ghana
32.8%
in 2022
Zambia
26.5%
in 2021
Ghana rank
2nd
Zambia rank
4th
Interest payments over time
- Ghana
- Zambia
How they compare
Ghana currently reports 32.8% against 26.5% in Zambia, a difference of 6.3%.
That makes Ghana's figure about 1.2 times Zambia's.
The two have swapped places 4 times across 21 shared years of data; in 2001 it was Ghana ahead.
Ghana ranks 2nd and Zambia ranks 4th of 152 countries.
Ghana has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Ghana | Zambia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 20.0% | 14.4% | 5.6% | Ghana |
| 2010s | 23.1% | 18.6% | 4.5% | Ghana |
| 2020s | 31.8% | 29.5% | 2.3% | Ghana |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest payments, Ghana or Zambia?
- Ghana, at 32.8% against 26.5% in Zambia as of 2022.
- What is the difference in interest payments between Ghana and Zambia?
- 6.3%, with Ghana ahead.
- How many years of comparable data are there for Ghana and Zambia?
- 21 years are reported by both, from 2001 to 2021.
- How do Ghana and Zambia rank globally for interest payments?
- Ghana ranks 2nd and Zambia ranks 4th 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.