Madagascar vs Mongolia: Interest payments
Madagascar
6.3%
in 2023
Mongolia
6.0%
in 2021
Madagascar rank
79th
Mongolia rank
81st
Interest payments over time
- Madagascar
- Mongolia
How they compare
Madagascar currently reports 6.3% against 6.0% in Mongolia, a difference of 0.3%.
That makes Madagascar's figure about 1.1 times Mongolia's.
The two have swapped places 2 times across 17 shared years of data; in 2003 it was Madagascar ahead.
Madagascar ranks 79th and Mongolia ranks 81st of 152 countries.
Across the 3 decades both report, Madagascar averaged higher in 1 and Mongolia in 2.
Head to head by decade
| Decade | Madagascar | Mongolia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 12.4% | 2.1% | 10.3% | Madagascar |
| 2010s | 6.8% | 9.0% | 2.3% | Mongolia |
| 2020s | 6.1% | 6.9% | 0.8% | Mongolia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest payments, Madagascar or Mongolia?
- Madagascar, at 6.3% against 6.0% in Mongolia as of 2023.
- What is the difference in interest payments between Madagascar and Mongolia?
- 0.3%, with Madagascar ahead.
- How many years of comparable data are there for Madagascar and Mongolia?
- 17 years are reported by both, from 2003 to 2021.
- How do Madagascar and Mongolia rank globally for interest payments?
- Madagascar ranks 79th and Mongolia ranks 81st of 152 countries.
- 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.
Individual pages
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.