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
0246810197219972023

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.

Individual pages

About this data

Indicator
Interest payments (% of expense)
Unit
% of expense
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
193 places, 5,277 data points, 1972–2024
Last refreshed

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.