Madagascar vs Spain: Interest payments
Madagascar
6.3%
in 2023
Spain
5.9%
in 2023
Madagascar rank
79th
Spain rank
82nd
Interest payments over time
- Madagascar
- Spain
How they compare
Madagascar currently reports 6.3% against 5.9% in Spain, a difference of 0.4%.
That makes Madagascar's figure about 1.1 times Spain's.
The two have swapped places 6 times across 20 shared years of data; in 2004 it was Madagascar ahead.
Madagascar ranks 79th and Spain ranks 82nd of 152 countries.
Across the 3 decades both report, Madagascar averaged higher in 2 and Spain in 1.
Head to head by decade
| Decade | Madagascar | Spain | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 15.7% | 4.8% | 10.9% | Madagascar |
| 2010s | 6.8% | 7.0% | 0.2% | Spain |
| 2020s | 6.0% | 5.4% | 0.6% | Madagascar |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest payments, Madagascar or Spain?
- Madagascar, at 6.3% against 5.9% in Spain as of 2023.
- What is the difference in interest payments between Madagascar and Spain?
- 0.4%, with Madagascar ahead.
- How many years of comparable data are there for Madagascar and Spain?
- 20 years are reported by both, from 2004 to 2023.
- How do Madagascar and Spain rank globally for interest payments?
- Madagascar ranks 79th and Spain ranks 82nd 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.
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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.