Ecuador vs Mongolia: Interest payments
Ecuador
4.7%
in 2022
Mongolia
4.3%
in 2024
Ecuador rank
94th
Mongolia rank
97th
Interest payments over time
- Ecuador
- Mongolia
How they compare
Ecuador currently reports 4.7% against 4.3% in Mongolia, a difference of 0.4%.
That makes Ecuador's figure about 1.1 times Mongolia's.
The two have swapped places 3 times across 10 shared years of data; in 2013 it was Mongolia ahead.
Ecuador ranks 94th and Mongolia ranks 97th of 155 countries.
Mongolia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Ecuador | Mongolia | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 5.4% | 11.3% | 5.9% | Mongolia |
| 2020s | 6.3% | 6.3% | 0.1% | Mongolia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest payments, Ecuador or Mongolia?
- Ecuador, at 4.7% against 4.3% in Mongolia as of 2022.
- What is the difference in interest payments between Ecuador and Mongolia?
- 0.4%, with Ecuador ahead.
- How many years of comparable data are there for Ecuador and Mongolia?
- 10 years are reported by both, from 2013 to 2022.
- How do Ecuador and Mongolia rank globally for interest payments?
- Ecuador ranks 94th and Mongolia ranks 97th 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.