Jamaica vs Sub-Saharan Africa: Interest payments
Jamaica
22.0%
in 2020
Sub-Saharan Africa
10.2%
in 2021
Jamaica rank
11th
Sub-Saharan Africa rank
13th
Interest payments over time
- Jamaica
- Sub-Saharan Africa
How they compare
Jamaica currently reports 22.0% against 10.2% in Sub-Saharan Africa, a difference of 11.8%.
That makes Jamaica's figure about 2.2 times Sub-Saharan Africa's.
Across all 12 years both countries report, Jamaica has been ahead every year.
Jamaica ranks 11th and Sub-Saharan Africa ranks 13th of 152 countries.
Jamaica has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Jamaica | Sub-Saharan Africa | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 48.8% | 5.8% | 43.0% | Jamaica |
| 2010s | 30.5% | 6.4% | 24.1% | Jamaica |
| 2020s | 22.0% | 8.8% | 13.2% | Jamaica |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest payments, Jamaica or Sub-Saharan Africa?
- Jamaica, at 22.0% against 10.2% in Sub-Saharan Africa as of 2020.
- What is the difference in interest payments between Jamaica and Sub-Saharan Africa?
- 11.8%, with Jamaica ahead.
- How many years of comparable data are there for Jamaica and Sub-Saharan Africa?
- 12 years are reported by both, from 2009 to 2020.
- How do Jamaica and Sub-Saharan Africa rank globally for interest payments?
- Jamaica ranks 11th and Sub-Saharan Africa ranks 13th 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.