Cyprus vs Latvia: Interest payments
Cyprus
2.8%
in 2024
Latvia
2.7%
in 2024
Cyprus rank
119th
Latvia rank
120th
Interest payments over time
- Cyprus
- Latvia
How they compare
Cyprus currently reports 2.8% against 2.7% in Latvia, a difference of 0.1%.
The two have swapped places 2 times across 31 shared years of data; in 1994 it was Cyprus ahead.
Cyprus ranks 119th and Latvia ranks 120th of 155 countries.
Cyprus has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Cyprus | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 9.2% | 2.8% | 6.4% | Cyprus |
| 2000s | 7.8% | 2.6% | 5.2% | Cyprus |
| 2010s | 6.7% | 4.1% | 2.5% | Cyprus |
| 2020s | 3.7% | 1.9% | 1.7% | Cyprus |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest payments, Cyprus or Latvia?
- Cyprus, at 2.8% against 2.7% in Latvia as of 2024.
- What is the difference in interest payments between Cyprus and Latvia?
- 0.1%, with Cyprus ahead.
- How many years of comparable data are there for Cyprus and Latvia?
- 31 years are reported by both, from 1994 to 2024.
- How do Cyprus and Latvia rank globally for interest payments?
- Cyprus ranks 119th and Latvia ranks 120th 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.