Papua New Guinea vs United States of America: Interest payments
Interest payments over time
- Papua New Guinea
- United States of America
How they compare
United States of America currently reports 12.9% against 12.3% in Papua New Guinea, a difference of 0.6%.
That makes United States of America's figure about 1.1 times Papua New Guinea's.
The two have swapped places 6 times across 23 shared years of data; in 1990 it was United States of America ahead.
Papua New Guinea ranks 41st and United States of America ranks 38th of 152 countries.
Across the 4 decades both report, Papua New Guinea averaged higher in 3 and United States of America in 1.
Head to head by decade
| Decade | Papua New Guinea | United States of America | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 13.8% | 14.9% | 1.1% | United States of America |
| 2000s | 16.5% | 11.9% | 4.6% | Papua New Guinea |
| 2010s | 11.0% | 8.6% | 2.4% | Papua New Guinea |
| 2020s | 12.3% | 9.2% | 3.1% | Papua New Guinea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest payments, Papua New Guinea or United States of America?
- United States of America, at 12.9% against 12.3% in Papua New Guinea as of 2023.
- What is the difference in interest payments between Papua New Guinea and United States of America?
- 0.6%, with United States of America ahead.
- How many years of comparable data are there for Papua New Guinea and United States of America?
- 23 years are reported by both, from 1990 to 2023.
- How do Papua New Guinea and United States of America rank globally for interest payments?
- Papua New Guinea ranks 41st and United States of America ranks 38th 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.
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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.