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

Latin America & the Caribbean (IDA & IBRD countries)
12.6%
in 2023
Sri Lanka
49.4%
in 2023
Latin America & the Caribbean (IDA & IBRD countries) rank
4th
Sri Lanka rank
1st

Interest payments over time

  • Latin America & the Caribbean (IDA & IBRD countries)
  • Sri Lanka
1020304050199020062023

How they compare

Sri Lanka currently reports 49.4% against 12.6% in Latin America & the Caribbean (IDA & IBRD countries), a difference of 36.8%.

That makes Sri Lanka's figure about 3.9 times Latin America & the Caribbean (IDA & IBRD countries)'s.

Across all 34 years both countries report, Sri Lanka has been ahead every year.

Latin America & the Caribbean (IDA & IBRD countries) 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 & the Caribbean (IDA & IBRD countries) Sri Lanka Difference Ahead
1990s 11.6% 25.3% 13.7% 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 & the Caribbean (IDA & IBRD countries) or Sri Lanka?
Sri Lanka, at 49.4% against 12.6% in Latin America & the Caribbean (IDA & IBRD countries) as of 2023.
What is the difference in interest payments between Latin America & the Caribbean (IDA & IBRD countries) and Sri Lanka?
36.8%, with Sri Lanka ahead.
How many years of comparable data are there for Latin America & the Caribbean (IDA & IBRD countries) and Sri Lanka?
34 years are reported by both, from 1990 to 2023.
How do Latin America & the Caribbean (IDA & IBRD countries) and Sri Lanka rank globally for interest payments?
Latin America & the Caribbean (IDA & IBRD countries) 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.

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Latin America & the Caribbean (IDA & IBRD countries) vs Sri Lanka: Interest payments. Statizoid, drawing on Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 15 September 2026, from https://public-sector.statizoid.com/compare/interest-payments-percent-of-expense/latin-america-and-the-caribbean-ida-and-ibrd-countries/sri-lanka/

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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.