Iceland vs South Africa: Interest payments
Iceland
14.7%
in 2023
South Africa
14.3%
in 2022
Iceland rank
29th
South Africa rank
31st
Interest payments over time
- Iceland
- South Africa
How they compare
Iceland currently reports 14.7% against 14.3% in South Africa, a difference of 0.4%.
The two have swapped places 5 times across 51 shared years of data; in 1972 it was South Africa ahead.
Iceland ranks 29th and South Africa ranks 31st of 152 countries.
Across the 6 decades both report, Iceland averaged higher in 2 and South Africa in 4.
Head to head by decade
| Decade | Iceland | South Africa | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 5.9% | 7.7% | 1.7% | South Africa |
| 1980s | 9.0% | 12.1% | 3.1% | South Africa |
| 1990s | 10.7% | 17.1% | 6.4% | South Africa |
| 2000s | 14.1% | 11.8% | 2.3% | Iceland |
| 2010s | 18.9% | 9.4% | 9.5% | Iceland |
| 2020s | 11.8% | 12.9% | 1.1% | South Africa |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest payments, Iceland or South Africa?
- Iceland, at 14.7% against 14.3% in South Africa as of 2023.
- What is the difference in interest payments between Iceland and South Africa?
- 0.4%, with Iceland ahead.
- How many years of comparable data are there for Iceland and South Africa?
- 51 years are reported by both, from 1972 to 2022.
- How do Iceland and South Africa rank globally for interest payments?
- Iceland ranks 29th and South Africa ranks 31st 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.
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.