Latin America & the Caribbean (IDA & IBRD countries) vs Malawi: Interest payments

Latin America & the Caribbean (IDA & IBRD countries)
12.6%
in 2023
Malawi
26.3%
in 2022
Latin America & the Caribbean (IDA & IBRD countries) rank
4th
Malawi rank
5th

Interest payments over time

  • Latin America & the Caribbean (IDA & IBRD countries)
  • Malawi
10152025199020062023

How they compare

Malawi currently reports 26.3% against 12.6% in Latin America & the Caribbean (IDA & IBRD countries), a difference of 13.7%.

That makes Malawi's figure about 2.1 times Latin America & the Caribbean (IDA & IBRD countries)'s.

The two have swapped places 1 time across 14 shared years of data; in 2009 it was Latin America & the Caribbean (IDA & IBRD countries) ahead.

Latin America & the Caribbean (IDA & IBRD countries) ranks 4th and Malawi ranks 5th of 41 groups.

Across the 3 decades both report, Latin America & the Caribbean (IDA & IBRD countries) averaged higher in 1 and Malawi in 2.

Head to head by decade

Decade Latin America & the Caribbean (IDA & IBRD countries) Malawi Difference Ahead
2000s 9.1% 9.0% 0.1% Latin America & the Caribbean (IDA & IBRD countries)
2010s 9.2% 14.8% 5.6% 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 & the Caribbean (IDA & IBRD countries) or Malawi?
Malawi, at 26.3% against 12.6% in Latin America & the Caribbean (IDA & IBRD countries) as of 2022.
What is the difference in interest payments between Latin America & the Caribbean (IDA & IBRD countries) and Malawi?
13.7%, with Malawi ahead.
How many years of comparable data are there for Latin America & the Caribbean (IDA & IBRD countries) and Malawi?
14 years are reported by both, from 2009 to 2022.
How do Latin America & the Caribbean (IDA & IBRD countries) and Malawi rank globally for interest payments?
Latin America & the Caribbean (IDA & IBRD countries) ranks 4th 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 & the Caribbean (IDA & IBRD countries) 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-the-caribbean-ida-and-ibrd-countries/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.