Jamaica vs Lower middle income: Interest payments
Jamaica
22.0%
in 2020
Lower middle income
10.2%
in 2021
Jamaica rank
11th
Lower middle income rank
12th
Interest payments over time
- Jamaica
- Lower middle income
How they compare
Jamaica currently reports 22.0% against 10.2% in Lower middle income, a difference of 11.8%.
That makes Jamaica's figure about 2.2 times Lower middle income's.
Across all 13 years both countries report, Jamaica has been ahead every year.
Jamaica ranks 11th and Lower middle income ranks 12th of 152 countries.
Jamaica has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Jamaica | Lower middle income | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 49.0% | 8.5% | 40.5% | Jamaica |
| 2010s | 30.5% | 7.8% | 22.6% | Jamaica |
| 2020s | 22.0% | 10.0% | 12.0% | Jamaica |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest payments, Jamaica or Lower middle income?
- Jamaica, at 22.0% against 10.2% in Lower middle income as of 2020.
- What is the difference in interest payments between Jamaica and Lower middle income?
- 11.8%, with Jamaica ahead.
- How many years of comparable data are there for Jamaica and Lower middle income?
- 13 years are reported by both, from 2004 to 2020.
- How do Jamaica and Lower middle income rank globally for interest payments?
- Jamaica ranks 11th and Lower middle income ranks 12th 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.