IBRD only vs Iceland: Interest payments (% of expense)
IBRD only
8.2%
in 2023
Iceland
14.7%
in 2023
IBRD only rank
26th
Iceland rank
29th
Interest payments (% of expense) over time
- IBRD only
- Iceland
How they compare
Iceland currently reports 14.7% against 8.2% in IBRD only, a difference of 6.5%.
That makes Iceland's figure about 1.8 times IBRD only's.
The two have swapped places 2 times across 29 shared years of data; in 1995 it was Iceland ahead.
IBRD only ranks 26th and Iceland ranks 29th of 41 groups.
Across the 4 decades both report, IBRD only averaged higher in 1 and Iceland in 3.
Head to head by decade
| Decade | IBRD only | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 12.2% | 10.9% | 1.4% | IBRD only |
| 2000s | 9.1% | 14.1% | 5.0% | Iceland |
| 2010s | 7.4% | 18.9% | 11.5% | Iceland |
| 2020s | 7.6% | 12.5% | 4.9% | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest payments, IBRD only or Iceland?
- Iceland, at 14.7% against 8.2% in IBRD only as of 2023.
- What is the difference in interest payments between IBRD only and Iceland?
- 6.5%, with Iceland ahead.
- How many years of comparable data are there for IBRD only and Iceland?
- 29 years are reported by both, from 1995 to 2023.
- How do IBRD only and Iceland rank globally for interest payments?
- IBRD only ranks 26th and Iceland ranks 29th 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.
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.