Australia vs Finland: Interest payments
Interest payments over time
- Australia
- Finland
How they compare
Australia currently reports 3.1% against 2.9% in Finland, a difference of 0.2%.
That makes Australia's figure about 1.1 times Finland's.
The two have swapped places 4 times across 51 shared years of data; in 1972 it was Australia ahead.
Australia ranks 114th and Finland ranks 117th of 155 countries.
Across the 6 decades both report, Australia averaged higher in 4 and Finland in 2.
Head to head by decade
| Decade | Australia | Finland | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 6.4% | 1.4% | 5.0% | Australia |
| 1980s | 8.6% | 3.6% | 5.0% | Australia |
| 1990s | 6.7% | 7.9% | 1.2% | Finland |
| 2000s | 2.4% | 4.4% | 2.0% | Finland |
| 2010s | 3.5% | 3.1% | 0.4% | Australia |
| 2020s | 3.3% | 1.4% | 1.8% | Australia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest payments, Australia or Finland?
- Australia, at 3.1% against 2.9% in Finland as of 2022.
- What is the difference in interest payments between Australia and Finland?
- 0.2%, with Australia ahead.
- How many years of comparable data are there for Australia and Finland?
- 51 years are reported by both, from 1972 to 2022.
- How do Australia and Finland rank globally for interest payments?
- Australia ranks 114th and Finland ranks 117th 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.
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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 a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.