Argentina vs Canada: Interest payments
Argentina
8.5%
in 2024
Canada
8.4%
in 2024
Argentina rank
61st
Canada rank
62nd
Interest payments over time
- Argentina
- Canada
How they compare
Argentina currently reports 8.5% against 8.4% in Canada, a difference of 0.1%.
The two have swapped places 1 time across 26 shared years of data; in 1990 it was Canada ahead.
Argentina ranks 61st and Canada ranks 62nd of 155 countries.
Across the 4 decades both report, Argentina averaged higher in 3 and Canada in 1.
Head to head by decade
| Decade | Argentina | Canada | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 12.0% | 26.2% | 14.2% | Canada |
| 2000s | 32.1% | 16.4% | 15.6% | Argentina |
| 2010s | 13.1% | 6.3% | 6.8% | Argentina |
| 2020s | 9.1% | 6.4% | 2.7% | Argentina |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest payments, Argentina or Canada?
- Argentina, at 8.5% against 8.4% in Canada as of 2024.
- What is the difference in interest payments between Argentina and Canada?
- 0.1%, with Argentina ahead.
- How many years of comparable data are there for Argentina and Canada?
- 26 years are reported by both, from 1990 to 2024.
- How do Argentina and Canada rank globally for interest payments?
- Argentina ranks 61st and Canada ranks 62nd of 155 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Interest payments (% of revenue). 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 a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.