Iceland vs IDA & IBRD total: Interest payments

Iceland
14.7%
in 2023
IDA & IBRD total
8.0%
in 2022
Iceland rank
29th
IDA & IBRD total rank
27th

Interest payments over time

  • Iceland
  • IDA & IBRD total
0102030197219972023

How they compare

Iceland currently reports 14.7% against 8.0% in IDA & IBRD total, a difference of 6.7%.

That makes Iceland's figure about 1.8 times IDA & IBRD total's.

The two have swapped places 1 time across 18 shared years of data; in 2004 it was IDA & IBRD total ahead.

Iceland ranks 29th and IDA & IBRD total ranks 27th of 152 countries.

Iceland has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Iceland IDA & IBRD total Difference Ahead
2000s 18.5% 7.3% 11.2% Iceland
2010s 18.9% 6.8% 12.0% Iceland
2020s 11.8% 8.1% 3.7% Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher interest payments, Iceland or IDA & IBRD total?
Iceland, at 14.7% against 8.0% in IDA & IBRD total as of 2023.
What is the difference in interest payments between Iceland and IDA & IBRD total?
6.7%, with Iceland ahead.
How many years of comparable data are there for Iceland and IDA & IBRD total?
18 years are reported by both, from 2004 to 2022.
How do Iceland and IDA & IBRD total rank globally for interest payments?
Iceland ranks 29th and IDA & IBRD total ranks 27th 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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Iceland vs IDA & IBRD total: Interest payments. Statizoid, drawing on Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 05 September 2026, from https://public-sector.statizoid.com/compare/interest-payments-percent-of-expense/iceland/ida-and-ibrd-total/

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About this data

Indicator
Interest payments (% of expense)
Unit
% of expense
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
193 places, 5,277 data points, 1972–2024
Last refreshed

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.