Namibia vs OECD members: Interest payments
Namibia
14.1%
in 2023
OECD members
4.6%
in 2023
Namibia rank
33rd
OECD members rank
32nd
Interest payments over time
- Namibia
- OECD members
How they compare
Namibia currently reports 14.1% against 4.6% in OECD members, a difference of 9.5%.
That makes Namibia's figure about 3.1 times OECD members's.
The two have swapped places 3 times across 27 shared years of data; in 1991 it was OECD members ahead.
Namibia ranks 33rd and OECD members ranks 32nd of 152 countries.
Across the 4 decades both report, Namibia averaged higher in 3 and OECD members in 1.
Head to head by decade
| Decade | Namibia | OECD members | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 3.0% | 9.3% | 6.3% | OECD members |
| 2000s | 8.0% | 5.7% | 2.2% | Namibia |
| 2010s | 6.2% | 4.9% | 1.3% | Namibia |
| 2020s | 12.2% | 3.5% | 8.7% | Namibia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest payments, Namibia or OECD members?
- Namibia, at 14.1% against 4.6% in OECD members as of 2023.
- What is the difference in interest payments between Namibia and OECD members?
- 9.5%, with Namibia ahead.
- How many years of comparable data are there for Namibia and OECD members?
- 27 years are reported by both, from 1991 to 2023.
- How do Namibia and OECD members rank globally for interest payments?
- Namibia ranks 33rd and OECD members ranks 32nd 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.