Norway vs Tonga: Interest payments
Norway
1.6%
in 2023
Tonga
1.7%
in 2023
Norway rank
132nd
Tonga rank
129th
Interest payments over time
- Norway
- Tonga
How they compare
Tonga currently reports 1.7% against 1.6% in Norway, a difference of 0.1%.
That makes Tonga's figure about 1.1 times Norway's.
Across all 11 years both countries report, Tonga has been ahead every year.
Norway ranks 132nd and Tonga ranks 129th of 152 countries.
Tonga has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Norway | Tonga | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 1.0% | 2.7% | 1.7% | Tonga |
| 2020s | 0.9% | 1.5% | 0.6% | Tonga |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest payments, Norway or Tonga?
- Tonga, at 1.7% against 1.6% in Norway as of 2023.
- What is the difference in interest payments between Norway and Tonga?
- 0.1%, with Tonga ahead.
- How many years of comparable data are there for Norway and Tonga?
- 11 years are reported by both, from 2013 to 2023.
- How do Norway and Tonga rank globally for interest payments?
- Norway ranks 132nd and Tonga ranks 129th 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.