Mongolia vs Spain: Interest payments
Mongolia
6.0%
in 2021
Spain
5.9%
in 2023
Mongolia rank
81st
Spain rank
82nd
Interest payments over time
- Mongolia
- Spain
How they compare
Mongolia currently reports 6.0% against 5.9% in Spain, a difference of 0.1%.
The two have swapped places 1 time across 19 shared years of data; in 1992 it was Spain ahead.
Mongolia ranks 81st and Spain ranks 82nd of 152 countries.
Across the 4 decades both report, Mongolia averaged higher in 2 and Spain in 2.
Head to head by decade
| Decade | Mongolia | Spain | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 3.3% | 11.4% | 8.1% | Spain |
| 2000s | 1.6% | 4.4% | 2.8% | Spain |
| 2010s | 9.0% | 7.0% | 2.1% | Mongolia |
| 2020s | 6.9% | 4.9% | 2.0% | Mongolia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest payments, Mongolia or Spain?
- Mongolia, at 6.0% against 5.9% in Spain as of 2021.
- What is the difference in interest payments between Mongolia and Spain?
- 0.1%, with Mongolia ahead.
- How many years of comparable data are there for Mongolia and Spain?
- 19 years are reported by both, from 1992 to 2021.
- How do Mongolia and Spain rank globally for interest payments?
- Mongolia ranks 81st 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.
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.