Namibia vs World: Interest payments
Namibia
14.1%
in 2023
World
5.8%
in 2022
Namibia rank
33rd
World rank
29th
Interest payments over time
- Namibia
- World
How they compare
Namibia currently reports 14.1% against 5.8% in World, a difference of 8.3%.
That makes Namibia's figure about 2.5 times World's.
The two have swapped places 2 times across 21 shared years of data; in 2002 it was Namibia ahead.
Namibia ranks 33rd and World ranks 29th of 152 countries.
Namibia has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Namibia | World | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 8.2% | 6.5% | 1.7% | Namibia |
| 2010s | 6.2% | 6.0% | 0.3% | Namibia |
| 2020s | 11.6% | 5.8% | 5.7% | Namibia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest payments, Namibia or World?
- Namibia, at 14.1% against 5.8% in World as of 2023.
- What is the difference in interest payments between Namibia and World?
- 8.3%, with Namibia ahead.
- How many years of comparable data are there for Namibia and World?
- 21 years are reported by both, from 2002 to 2022.
- How do Namibia and World rank globally for interest payments?
- Namibia ranks 33rd and World ranks 29th 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.