Latin America & Caribbean vs Zambia: Interest payments
Interest payments over time
- Latin America & Caribbean
- Zambia
How they compare
Zambia currently reports 26.5% against 12.6% in Latin America & Caribbean, a difference of 13.9%.
That makes Zambia's figure about 2.1 times Latin America & Caribbean's.
The two have swapped places 6 times across 23 shared years of data; in 1998 it was Zambia ahead.
Latin America & Caribbean ranks 4th and Zambia ranks 4th of 41 groups.
Zambia has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Latin America & Caribbean | Zambia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 11.7% | 17.9% | 6.3% | Zambia |
| 2000s | 11.2% | 14.4% | 3.2% | Zambia |
| 2010s | 9.2% | 18.6% | 9.4% | Zambia |
| 2020s | 9.9% | 29.5% | 19.7% | Zambia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest payments, Latin America & Caribbean or Zambia?
- Zambia, at 26.5% against 12.6% in Latin America & Caribbean as of 2021.
- What is the difference in interest payments between Latin America & Caribbean and Zambia?
- 13.9%, with Zambia ahead.
- How many years of comparable data are there for Latin America & Caribbean and Zambia?
- 23 years are reported by both, from 1998 to 2021.
- How do Latin America & Caribbean and Zambia rank globally for interest payments?
- Latin America & Caribbean ranks 4th and Zambia ranks 4th 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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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.