Norway vs Sweden: Interest payments
Norway
1.6%
in 2023
Sweden
1.4%
in 2022
Norway rank
132nd
Sweden rank
135th
Interest payments over time
- Norway
- Sweden
How they compare
Norway currently reports 1.6% against 1.4% in Sweden, a difference of 0.2%.
That makes Norway's figure about 1.1 times Sweden's.
The two have swapped places 6 times across 51 shared years of data; in 1972 it was Sweden ahead.
Norway ranks 132nd and Sweden ranks 135th of 152 countries.
Across the 6 decades both report, Norway averaged higher in 1 and Sweden in 5.
Head to head by decade
| Decade | Norway | Sweden | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 4.3% | 4.2% | 0.1% | Norway |
| 1980s | 7.4% | 13.6% | 6.2% | Sweden |
| 1990s | 5.5% | 10.9% | 5.4% | Sweden |
| 2000s | 4.7% | 5.5% | 0.8% | Sweden |
| 2010s | 1.3% | 1.8% | 0.5% | Sweden |
| 2020s | 0.7% | 0.9% | 0.2% | Sweden |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest payments, Norway or Sweden?
- Norway, at 1.6% against 1.4% in Sweden as of 2023.
- What is the difference in interest payments between Norway and Sweden?
- 0.2%, with Norway ahead.
- How many years of comparable data are there for Norway and Sweden?
- 51 years are reported by both, from 1972 to 2022.
- How do Norway and Sweden rank globally for interest payments?
- Norway ranks 132nd and Sweden ranks 135th 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.