Ghana vs Jamaica: Interest payments
Ghana
21.6%
in 2023
Jamaica
22.4%
in 2020
Ghana rank
13th
Jamaica rank
12th
Interest payments over time
- Ghana
- Jamaica
How they compare
Jamaica currently reports 22.4% against 21.6% in Ghana, a difference of 0.8%.
The two have swapped places 1 time across 24 shared years of data; in 1990 it was Jamaica ahead.
Ghana ranks 13th and Jamaica ranks 12th of 155 countries.
Across the 4 decades both report, Ghana averaged higher in 1 and Jamaica in 3.
Head to head by decade
| Decade | Ghana | Jamaica | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 14.1% | 29.1% | 15.0% | Jamaica |
| 2000s | 17.3% | 50.9% | 33.6% | Jamaica |
| 2010s | 26.9% | 29.3% | 2.4% | Jamaica |
| 2020s | 44.6% | 22.4% | 22.2% | Ghana |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest payments, Ghana or Jamaica?
- Jamaica, at 22.4% against 21.6% in Ghana as of 2020.
- What is the difference in interest payments between Ghana and Jamaica?
- 0.8%, with Jamaica ahead.
- How many years of comparable data are there for Ghana and Jamaica?
- 24 years are reported by both, from 1990 to 2020.
- How do Ghana and Jamaica rank globally for interest payments?
- Ghana ranks 13th and Jamaica ranks 12th 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.