Namibia vs South Africa: Interest payments
Namibia
14.1%
in 2023
South Africa
14.3%
in 2022
Namibia rank
33rd
South Africa rank
31st
Interest payments over time
- Namibia
- South Africa
How they compare
South Africa currently reports 14.3% against 14.1% in Namibia, a difference of 0.2%.
Across all 26 years both countries report, South Africa has been ahead every year.
Namibia ranks 33rd and South Africa ranks 31st of 152 countries.
South Africa has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Namibia | South Africa | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 3.0% | 16.5% | 13.5% | South Africa |
| 2000s | 8.0% | 11.8% | 3.8% | South Africa |
| 2010s | 6.2% | 9.4% | 3.1% | South Africa |
| 2020s | 11.6% | 12.9% | 1.3% | South Africa |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest payments, Namibia or South Africa?
- South Africa, at 14.3% against 14.1% in Namibia as of 2022.
- What is the difference in interest payments between Namibia and South Africa?
- 0.2%, with South Africa ahead.
- How many years of comparable data are there for Namibia and South Africa?
- 26 years are reported by both, from 1991 to 2022.
- How do Namibia and South Africa rank globally for interest payments?
- Namibia ranks 33rd and South Africa ranks 31st 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.