Guinea-Bissau vs Iceland: Interest payments
Guinea-Bissau
14.9%
in 2023
Iceland
14.7%
in 2023
Guinea-Bissau rank
28th
Iceland rank
29th
Interest payments over time
- Guinea-Bissau
- Iceland
How they compare
Guinea-Bissau currently reports 14.9% against 14.7% in Iceland, a difference of 0.2%.
The two have swapped places 1 time across 7 shared years of data; in 2017 it was Iceland ahead.
Guinea-Bissau ranks 28th and Iceland ranks 29th of 152 countries.
Iceland has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Guinea-Bissau | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 5.2% | 15.0% | 9.7% | Iceland |
| 2020s | 10.3% | 12.5% | 2.2% | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest payments, Guinea-Bissau or Iceland?
- Guinea-Bissau, at 14.9% against 14.7% in Iceland as of 2023.
- What is the difference in interest payments between Guinea-Bissau and Iceland?
- 0.2%, with Guinea-Bissau ahead.
- How many years of comparable data are there for Guinea-Bissau and Iceland?
- 7 years are reported by both, from 2017 to 2023.
- How do Guinea-Bissau and Iceland rank globally for interest payments?
- Guinea-Bissau ranks 28th and Iceland ranks 29th 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.
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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.