Papua New Guinea vs Tanzania: Interest payments (% of expense)
Papua New Guinea
12.3%
in 2023
Tanzania
12.6%
in 2024
Papua New Guinea rank
41st
Tanzania rank
40th
Interest payments (% of expense) over time
- Papua New Guinea
- Tanzania
How they compare
Tanzania currently reports 12.6% against 12.3% in Papua New Guinea, a difference of 0.3%.
Across all 10 years both countries report, Papua New Guinea has been ahead every year.
Papua New Guinea ranks 41st and Tanzania ranks 40th of 152 countries.
Papua New Guinea has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Papua New Guinea | Tanzania | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 11.0% | 9.6% | 1.4% | Papua New Guinea |
| 2020s | 12.3% | 10.1% | 2.1% | Papua New Guinea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest payments, Papua New Guinea or Tanzania?
- Tanzania, at 12.6% against 12.3% in Papua New Guinea as of 2024.
- What is the difference in interest payments between Papua New Guinea and Tanzania?
- 0.3%, with Tanzania ahead.
- How many years of comparable data are there for Papua New Guinea and Tanzania?
- 10 years are reported by both, from 2014 to 2023.
- How do Papua New Guinea and Tanzania rank globally for interest payments?
- Papua New Guinea ranks 41st and Tanzania 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.