Least developed countries vs Mexico: Interest payments
Least developed countries
8.9%
in 2021
Mexico
15.8%
in 2023
Least developed countries rank
22nd
Mexico rank
24th
Interest payments over time
- Least developed countries
- Mexico
How they compare
Mexico currently reports 15.8% against 8.9% in Least developed countries, a difference of 6.9%.
That makes Mexico's figure about 1.8 times Least developed countries's.
Across all 10 years both countries report, Mexico has been ahead every year.
Least developed countries ranks 22nd and Mexico ranks 24th of 39 groups.
Mexico has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Least developed countries | Mexico | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 6.5% | 11.6% | 5.1% | Mexico |
| 2020s | 8.2% | 13.6% | 5.3% | Mexico |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest payments, Least developed countries or Mexico?
- Mexico, at 15.8% against 8.9% in Least developed countries as of 2023.
- What is the difference in interest payments between Least developed countries and Mexico?
- 6.9%, with Mexico ahead.
- How many years of comparable data are there for Least developed countries and Mexico?
- 10 years are reported by both, from 2010 to 2021.
- How do Least developed countries and Mexico rank globally for interest payments?
- Least developed countries ranks 22nd and Mexico ranks 24th of 39 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.