Small states vs United States: Interest payments (% of expense)
Small states
1.9%
in 2022
United States
12.9%
in 2023
Small states rank
40th
United States rank
38th
Interest payments (% of expense) over time
- Small states
- United States
How they compare
United States currently reports 12.9% against 1.9% in Small states, a difference of 11.0%.
That makes United States's figure about 6.7 times Small states's.
Across all 29 years both countries report, United States has been ahead every year.
Small states ranks 40th and United States ranks 38th of 41 groups.
United States has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Small states | United States | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 6.9% | 15.0% | 8.1% | United States |
| 2000s | 7.2% | 9.9% | 2.7% | United States |
| 2010s | 5.2% | 8.3% | 3.1% | United States |
| 2020s | 3.5% | 7.9% | 4.4% | United States |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest payments, Small states or United States?
- United States, at 12.9% against 1.9% in Small states as of 2023.
- What is the difference in interest payments between Small states and United States?
- 11.0%, with United States ahead.
- How many years of comparable data are there for Small states and United States?
- 29 years are reported by both, from 1991 to 2022.
- How do Small states and United States rank globally for interest payments?
- Small states ranks 40th and United States ranks 38th 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.
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.