South Africa vs World: Interest payments
South Africa
14.3%
in 2022
World
5.8%
in 2022
South Africa rank
31st
World rank
30th
Interest payments over time
- South Africa
- World
How they compare
South Africa currently reports 14.3% against 5.8% in World, a difference of 8.5%.
That makes South Africa's figure about 2.5 times World's.
Across all 21 years both countries report, South Africa has been ahead every year.
South Africa ranks 31st and World ranks 30th of 152 countries.
South Africa has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | South Africa | World | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 10.4% | 6.5% | 3.9% | South Africa |
| 2010s | 9.4% | 6.0% | 3.4% | South Africa |
| 2020s | 12.9% | 5.8% | 7.0% | South Africa |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest payments, South Africa or World?
- South Africa, at 14.3% against 5.8% in World as of 2022.
- What is the difference in interest payments between South Africa and World?
- 8.5%, with South Africa ahead.
- How many years of comparable data are there for South Africa and World?
- 21 years are reported by both, from 2002 to 2022.
- How do South Africa and World rank globally for interest payments?
- South Africa ranks 31st and World ranks 30th 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.