Guinea-Bissau vs Philippines: Interest payments
Guinea-Bissau
14.9%
in 2023
Philippines
15.3%
in 2023
Guinea-Bissau rank
28th
Philippines rank
25th
Interest payments over time
- Guinea-Bissau
- Philippines
How they compare
Philippines currently reports 15.3% against 14.9% in Guinea-Bissau, a difference of 0.4%.
Across all 7 years both countries report, Philippines has been ahead every year.
Guinea-Bissau ranks 28th and Philippines ranks 25th of 152 countries.
Philippines has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Guinea-Bissau | Philippines | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 5.2% | 13.2% | 8.0% | Philippines |
| 2020s | 10.3% | 12.5% | 2.2% | Philippines |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest payments, Guinea-Bissau or Philippines?
- Philippines, at 15.3% against 14.9% in Guinea-Bissau as of 2023.
- What is the difference in interest payments between Guinea-Bissau and Philippines?
- 0.4%, with Philippines ahead.
- How many years of comparable data are there for Guinea-Bissau and Philippines?
- 7 years are reported by both, from 2017 to 2023.
- How do Guinea-Bissau and Philippines rank globally for interest payments?
- Guinea-Bissau ranks 28th and Philippines ranks 25th 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.