Latin America & Caribbean vs Sri Lanka: Interest payments
Latin America & Caribbean
12.6%
in 2023
Sri Lanka
49.4%
in 2023
Latin America & Caribbean rank
4th
Sri Lanka rank
1st
Interest payments over time
- Latin America & Caribbean
- Sri Lanka
How they compare
Sri Lanka currently reports 49.4% against 12.6% in Latin America & Caribbean, a difference of 36.8%.
That makes Sri Lanka's figure about 3.9 times Latin America & Caribbean's.
Across all 26 years both countries report, Sri Lanka has been ahead every year.
Latin America & Caribbean ranks 4th and Sri Lanka ranks 1st of 41 groups.
Sri Lanka has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Latin America & Caribbean | Sri Lanka | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 11.7% | 25.6% | 14.0% | Sri Lanka |
| 2000s | 11.3% | 27.6% | 16.3% | Sri Lanka |
| 2010s | 9.2% | 31.5% | 22.3% | Sri Lanka |
| 2020s | 11.0% | 39.4% | 28.4% | Sri Lanka |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest payments, Latin America & Caribbean or Sri Lanka?
- Sri Lanka, at 49.4% against 12.6% in Latin America & Caribbean as of 2023.
- What is the difference in interest payments between Latin America & Caribbean and Sri Lanka?
- 36.8%, with Sri Lanka ahead.
- How many years of comparable data are there for Latin America & Caribbean and Sri Lanka?
- 26 years are reported by both, from 1998 to 2023.
- How do Latin America & Caribbean and Sri Lanka rank globally for interest payments?
- Latin America & Caribbean ranks 4th and Sri Lanka ranks 1st 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.
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.