Papua New Guinea vs Small states: Interest payments
Interest payments over time
- Papua New Guinea
- Small states
How they compare
Papua New Guinea currently reports 12.3% against 1.9% in Small states, a difference of 10.4%.
That makes Papua New Guinea's figure about 6.4 times Small states's.
The two have swapped places 1 time across 18 shared years of data; in 1991 it was Small states ahead.
Papua New Guinea ranks 41st and Small states ranks 40th of 152 countries.
Papua New Guinea has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Papua New Guinea | Small states | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 15.3% | 6.9% | 8.4% | Papua New Guinea |
| 2000s | 16.5% | 7.2% | 9.3% | Papua New Guinea |
| 2010s | 11.0% | 5.5% | 5.5% | Papua New Guinea |
| 2020s | 12.3% | 3.5% | 8.7% | Papua New Guinea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest payments, Papua New Guinea or Small states?
- Papua New Guinea, at 12.3% against 1.9% in Small states as of 2023.
- What is the difference in interest payments between Papua New Guinea and Small states?
- 10.4%, with Papua New Guinea ahead.
- How many years of comparable data are there for Papua New Guinea and Small states?
- 18 years are reported by both, from 1991 to 2022.
- How do Papua New Guinea and Small states rank globally for interest payments?
- Papua New Guinea ranks 41st and Small states ranks 40th 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.