Kiribati vs Luxembourg: Interest payments
Kiribati
0.8%
in 2023
Luxembourg
0.6%
in 2023
Kiribati rank
141st
Luxembourg rank
144th
Interest payments over time
- Kiribati
- Luxembourg
How they compare
Kiribati currently reports 0.8% against 0.6% in Luxembourg, a difference of 0.2%.
That makes Kiribati's figure about 1.3 times Luxembourg's.
The two have swapped places 2 times across 12 shared years of data; in 2011 it was Kiribati ahead.
Kiribati ranks 141st and Luxembourg ranks 144th of 152 countries.
Kiribati has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Kiribati | Luxembourg | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 1.3% | 1.0% | 0.3% | Kiribati |
| 2020s | 0.8% | 0.4% | 0.3% | Kiribati |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest payments, Kiribati or Luxembourg?
- Kiribati, at 0.8% against 0.6% in Luxembourg as of 2023.
- What is the difference in interest payments between Kiribati and Luxembourg?
- 0.2%, with Kiribati ahead.
- How many years of comparable data are there for Kiribati and Luxembourg?
- 12 years are reported by both, from 2011 to 2023.
- How do Kiribati and Luxembourg rank globally for interest payments?
- Kiribati ranks 141st and Luxembourg ranks 144th 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.