Jamaica vs North America: Interest payments
Jamaica
22.0%
in 2020
North America
10.3%
in 2023
Jamaica rank
11th
North America rank
11th
Interest payments over time
- Jamaica
- North America
How they compare
Jamaica currently reports 22.0% against 10.3% in North America, a difference of 11.7%.
That makes Jamaica's figure about 2.1 times North America's.
Across all 33 years both countries report, Jamaica has been ahead every year.
Jamaica ranks 11th and North America ranks 11th of 152 countries.
Jamaica has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Jamaica | North America | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 37.5% | 15.3% | 22.1% | Jamaica |
| 1990s | 40.5% | 18.9% | 21.6% | Jamaica |
| 2000s | 45.3% | 12.3% | 33.0% | Jamaica |
| 2010s | 30.5% | 7.9% | 22.6% | Jamaica |
| 2020s | 22.0% | 4.9% | 17.1% | Jamaica |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest payments, Jamaica or North America?
- Jamaica, at 22.0% against 10.3% in North America as of 2020.
- What is the difference in interest payments between Jamaica and North America?
- 11.7%, with Jamaica ahead.
- How many years of comparable data are there for Jamaica and North America?
- 33 years are reported by both, from 1988 to 2020.
- How do Jamaica and North America rank globally for interest payments?
- Jamaica ranks 11th and North America ranks 11th 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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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.