Which has higher interest payments, Caribbean Small States or Ghana?

Ghana, at 21.6% against 13.2% in Caribbean Small States as of 2023.

How many years of comparable data are there for Caribbean Small States and Ghana?

19 years are reported by both, from 2001 to 2019.

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.

Caribbean Small States vs Ghana: Interest payments

Caribbean Small States

13.2%

in 2019

Ghana

21.6%

in 2023

Caribbean Small States rank

11th

Ghana rank

13th

Interest payments over time

Caribbean Small States
Ghana

How they compare

Ghana currently reports 21.6% against 13.2% in Caribbean Small States, a difference of 8.4%.

That makes Ghana's figure about 1.6 times Caribbean Small States's.

Across all 19 years both countries report, Ghana has been ahead every year.

Caribbean Small States ranks 11th and Ghana ranks 13th of 41 groups.

Ghana has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade	Caribbean Small States	Ghana	Difference	Ahead
2000s	10.2%	17.3%	7.1%	Ghana
2010s	7.6%	26.9%	19.4%	Ghana

Averages of every year both report within each decade.

Frequently asked questions

Which has higher interest payments, Caribbean Small States or Ghana?: Ghana, at 21.6% against 13.2% in Caribbean Small States as of 2023.
What is the difference in interest payments between Caribbean Small States and Ghana?: 8.4%, with Ghana ahead.
How many years of comparable data are there for Caribbean Small States and Ghana?: 19 years are reported by both, from 2001 to 2019.
How do Caribbean Small States and Ghana rank globally for interest payments?: Caribbean Small States ranks 11th and Ghana ranks 13th of 41 groups.
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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Caribbean Small States vs Ghana: Interest payments. Statizoid, drawing on Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 11 September 2026, from https://public-sector.statizoid.com/compare/interest-payments-percent-of-revenue/caribbean-small-states/ghana/

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About this data

Indicator: Interest payments (% of revenue)
Unit: % of revenue
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 196 places, 5,564 data points, 1972–2024
Last refreshed: 03 September 2026

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.