Latin America & Caribbean (excluding high income) vs Malawi: Interest payments

Latin America & Caribbean (excluding high income)
13.2%
in 2023
Malawi
26.3%
in 2022
Latin America & Caribbean (excluding high income) rank
3rd
Malawi rank
5th

Interest payments over time

  • Latin America & Caribbean (excluding high income)
  • Malawi
10152025199820102023

How they compare

Malawi currently reports 26.3% against 13.2% in Latin America & Caribbean (excluding high income), a difference of 13.1%.

That makes Malawi's figure about 2.0 times Latin America & Caribbean (excluding high income)'s.

The two have swapped places 3 times across 14 shared years of data; in 2009 it was Latin America & Caribbean (excluding high income) ahead.

Latin America & Caribbean (excluding high income) ranks 3rd and Malawi ranks 5th of 41 groups.

Across the 3 decades both report, Latin America & Caribbean (excluding high income) averaged higher in 1 and Malawi in 2.

Head to head by decade

Decade Latin America & Caribbean (excluding high income) Malawi Difference Ahead
2000s 10.7% 9.0% 1.7% Latin America & Caribbean (excluding high income)
2010s 10.3% 14.8% 4.5% Malawi
2020s 10.5% 21.5% 11.1% Malawi

Averages of every year both report within each decade.

Frequently asked questions

Which has higher interest payments, Latin America & Caribbean (excluding high income) or Malawi?
Malawi, at 26.3% against 13.2% in Latin America & Caribbean (excluding high income) as of 2022.
What is the difference in interest payments between Latin America & Caribbean (excluding high income) and Malawi?
13.1%, with Malawi ahead.
How many years of comparable data are there for Latin America & Caribbean (excluding high income) and Malawi?
14 years are reported by both, from 2009 to 2022.
How do Latin America & Caribbean (excluding high income) and Malawi rank globally for interest payments?
Latin America & Caribbean (excluding high income) ranks 3rd and Malawi ranks 5th of 41 groups.
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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Latin America & Caribbean (excluding high income) vs Malawi: Interest payments. Statizoid, drawing on Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 14 September 2026, from https://public-sector.statizoid.com/compare/interest-payments-percent-of-expense/latin-america-and-caribbean-excluding-high-income/malawi/

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About this data

Indicator
Interest payments (% of expense)
Unit
% of expense
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
193 places, 5,277 data points, 1972–2024
Last refreshed

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.