South Korea vs North Macedonia: Interest payments (% of expense)
South Korea
4.4%
in 2023
North Macedonia
4.3%
in 2023
South Korea rank
95th
North Macedonia rank
97th
Interest payments (% of expense) over time
- South Korea
- North Macedonia
How they compare
South Korea currently reports 4.4% against 4.3% in North Macedonia, a difference of 0.1%.
The two have swapped places 4 times across 19 shared years of data; in 2005 it was South Korea ahead.
South Korea ranks 95th and North Macedonia ranks 97th of 152 countries.
Across the 3 decades both report, South Korea averaged higher in 2 and North Macedonia in 1.
Head to head by decade
| Decade | South Korea | North Macedonia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 6.2% | 2.6% | 3.7% | South Korea |
| 2010s | 5.1% | 3.6% | 1.5% | South Korea |
| 2020s | 3.7% | 3.7% | 0.0% | North Macedonia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest payments, South Korea or North Macedonia?
- South Korea, at 4.4% against 4.3% in North Macedonia as of 2023.
- What is the difference in interest payments between South Korea and North Macedonia?
- 0.1%, with South Korea ahead.
- How many years of comparable data are there for South Korea and North Macedonia?
- 19 years are reported by both, from 2005 to 2023.
- How do South Korea and North Macedonia rank globally for interest payments?
- South Korea ranks 95th and North Macedonia ranks 97th 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.