Canada vs United Kingdom of Great Britain and Northern Ireland: Interest payments
Interest payments over time
- Canada
- United Kingdom of Great Britain and Northern Ireland
How they compare
Canada currently reports 8.4% against 8.3% in United Kingdom of Great Britain and Northern Ireland, a difference of 0.1%.
The two have swapped places 2 times across 35 shared years of data; in 1990 it was Canada ahead.
Canada ranks 62nd and United Kingdom of Great Britain and Northern Ireland ranks 63rd of 155 countries.
Across the 4 decades both report, Canada averaged higher in 2 and United Kingdom of Great Britain and Northern Ireland in 2.
Head to head by decade
| Decade | Canada | United Kingdom of Great Britain and Northern Ireland | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 26.2% | 8.9% | 17.3% | Canada |
| 2000s | 13.7% | 6.4% | 7.4% | Canada |
| 2010s | 7.5% | 8.1% | 0.6% | United Kingdom of Great Britain and Northern Ireland |
| 2020s | 6.4% | 8.7% | 2.2% | United Kingdom of Great Britain and Northern Ireland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest payments, Canada or United Kingdom of Great Britain and Northern Ireland?
- Canada, at 8.4% against 8.3% in United Kingdom of Great Britain and Northern Ireland as of 2024.
- What is the difference in interest payments between Canada and United Kingdom of Great Britain and Northern Ireland?
- 0.1%, with Canada ahead.
- How many years of comparable data are there for Canada and United Kingdom of Great Britain and Northern Ireland?
- 35 years are reported by both, from 1990 to 2024.
- How do Canada and United Kingdom of Great Britain and Northern Ireland rank globally for interest payments?
- Canada ranks 62nd and United Kingdom of Great Britain and Northern Ireland ranks 63rd 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.