OECD members vs South Africa: Interest payments
OECD members
4.6%
in 2023
South Africa
14.3%
in 2022
OECD members rank
32nd
South Africa rank
31st
Interest payments over time
- OECD members
- South Africa
How they compare
South Africa currently reports 14.3% against 4.6% in OECD members, a difference of 9.7%.
That makes South Africa's figure about 3.1 times OECD members's.
Across all 51 years both countries report, South Africa has been ahead every year.
OECD members ranks 32nd and South Africa ranks 31st of 41 groups.
South Africa has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | OECD members | South Africa | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 4.6% | 7.7% | 3.0% | South Africa |
| 1980s | 8.9% | 12.1% | 3.2% | South Africa |
| 1990s | 9.3% | 17.1% | 7.8% | South Africa |
| 2000s | 5.7% | 11.8% | 6.1% | South Africa |
| 2010s | 4.9% | 9.4% | 4.4% | South Africa |
| 2020s | 3.1% | 12.9% | 9.8% | South Africa |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest payments, OECD members or South Africa?
- South Africa, at 14.3% against 4.6% in OECD members as of 2022.
- What is the difference in interest payments between OECD members and South Africa?
- 9.7%, with South Africa ahead.
- How many years of comparable data are there for OECD members and South Africa?
- 51 years are reported by both, from 1972 to 2022.
- How do OECD members and South Africa rank globally for interest payments?
- OECD members ranks 32nd and South Africa ranks 31st of 41 groups.
- 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.
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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.