Canada vs Congo: Interest payments
Canada
8.4%
in 2024
Congo
9.0%
in 2021
Canada rank
62nd
Congo rank
59th
Interest payments over time
- Canada
- Congo
How they compare
Congo currently reports 9.0% against 8.4% in Canada, a difference of 0.6%.
That makes Congo's figure about 1.1 times Canada's.
The two have swapped places 2 times across 21 shared years of data; in 2001 it was Congo ahead.
Canada ranks 62nd and Congo ranks 59th of 155 countries.
Across the 3 decades both report, Canada averaged higher in 2 and Congo in 1.
Head to head by decade
| Decade | Canada | Congo | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 13.1% | 12.2% | 0.9% | Canada |
| 2010s | 7.5% | 3.7% | 3.8% | Canada |
| 2020s | 5.2% | 8.8% | 3.5% | Congo |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest payments, Canada or Congo?
- Congo, at 9.0% against 8.4% in Canada as of 2021.
- What is the difference in interest payments between Canada and Congo?
- 0.6%, with Congo ahead.
- How many years of comparable data are there for Canada and Congo?
- 21 years are reported by both, from 2001 to 2021.
- How do Canada and Congo rank globally for interest payments?
- Canada ranks 62nd and Congo ranks 59th 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.