Low & middle income vs Mexico: Interest payments
Low & middle income
8.6%
in 2022
Mexico
15.8%
in 2023
Low & middle income rank
25th
Mexico rank
24th
Interest payments over time
- Low & middle income
- Mexico
How they compare
Mexico currently reports 15.8% against 8.6% in Low & middle income, a difference of 7.2%.
That makes Mexico's figure about 1.8 times Low & middle income's.
Across all 14 years both countries report, Mexico has been ahead every year.
Low & middle income ranks 25th and Mexico ranks 24th of 41 groups.
Mexico has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Low & middle income | Mexico | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 6.3% | 11.5% | 5.2% | Mexico |
| 2010s | 7.1% | 11.3% | 4.3% | Mexico |
| 2020s | 8.6% | 14.0% | 5.4% | Mexico |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest payments, Low & middle income or Mexico?
- Mexico, at 15.8% against 8.6% in Low & middle income as of 2023.
- What is the difference in interest payments between Low & middle income and Mexico?
- 7.2%, with Mexico ahead.
- How many years of comparable data are there for Low & middle income and Mexico?
- 14 years are reported by both, from 2009 to 2022.
- How do Low & middle income and Mexico rank globally for interest payments?
- Low & middle income ranks 25th and Mexico ranks 24th 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.