Iceland vs Late-demographic dividend: Interest payments

Iceland
14.7%
in 2023
Late-demographic dividend
6.1%
in 2023
Iceland rank
29th
Late-demographic dividend rank
28th

Interest payments over time

  • Iceland
  • Late-demographic dividend
0102030197219972023

How they compare

Iceland currently reports 14.7% against 6.1% in Late-demographic dividend, a difference of 8.6%.

That makes Iceland's figure about 2.4 times Late-demographic dividend's.

The two have swapped places 2 times across 29 shared years of data; in 1995 it was Iceland ahead.

Iceland ranks 29th and Late-demographic dividend ranks 28th of 152 countries.

Iceland has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Iceland Late-demographic dividend Difference Ahead
1990s 10.9% 9.5% 1.3% Iceland
2000s 14.1% 7.6% 6.5% Iceland
2010s 18.9% 5.9% 13.0% Iceland
2020s 12.5% 4.9% 7.6% Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher interest payments, Iceland or Late-demographic dividend?
Iceland, at 14.7% against 6.1% in Late-demographic dividend as of 2023.
What is the difference in interest payments between Iceland and Late-demographic dividend?
8.6%, with Iceland ahead.
How many years of comparable data are there for Iceland and Late-demographic dividend?
29 years are reported by both, from 1995 to 2023.
How do Iceland and Late-demographic dividend rank globally for interest payments?
Iceland ranks 29th and Late-demographic dividend ranks 28th 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 Late-demographic dividend: 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/late-demographic-dividend/

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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.