El Salvador vs Iceland: Interest payments
El Salvador
14.3%
in 2024
Iceland
14.9%
in 2023
El Salvador rank
31st
Iceland rank
29th
Interest payments over time
- El Salvador
- Iceland
How they compare
Iceland currently reports 14.9% against 14.3% in El Salvador, a difference of 0.6%.
The two have swapped places 2 times across 26 shared years of data; in 1998 it was Iceland ahead.
El Salvador ranks 31st and Iceland ranks 29th of 155 countries.
Iceland has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | El Salvador | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 8.5% | 9.8% | 1.3% | Iceland |
| 2000s | 11.5% | 14.4% | 2.9% | Iceland |
| 2010s | 10.9% | 19.1% | 8.2% | Iceland |
| 2020s | 12.1% | 13.9% | 1.8% | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest payments, El Salvador or Iceland?
- Iceland, at 14.9% against 14.3% in El Salvador as of 2023.
- What is the difference in interest payments between El Salvador and Iceland?
- 0.6%, with Iceland ahead.
- How many years of comparable data are there for El Salvador and Iceland?
- 26 years are reported by both, from 1998 to 2023.
- How do El Salvador and Iceland rank globally for interest payments?
- El Salvador ranks 31st and Iceland ranks 29th 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.