Ghana vs Kenya: Interest payments
Ghana
21.6%
in 2023
Kenya
24.3%
in 2023
Ghana rank
13th
Kenya rank
11th
Interest payments over time
- Ghana
- Kenya
How they compare
Kenya currently reports 24.3% against 21.6% in Ghana, a difference of 2.7%.
That makes Kenya's figure about 1.1 times Ghana's.
The two have swapped places 1 time across 10 shared years of data; in 2014 it was Ghana ahead.
Ghana ranks 13th and Kenya ranks 11th of 155 countries.
Ghana has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Ghana | Kenya | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 33.6% | 14.8% | 18.7% | Ghana |
| 2020s | 40.3% | 23.1% | 17.2% | Ghana |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest payments, Ghana or Kenya?
- Kenya, at 24.3% against 21.6% in Ghana as of 2023.
- What is the difference in interest payments between Ghana and Kenya?
- 2.7%, with Kenya ahead.
- How many years of comparable data are there for Ghana and Kenya?
- 10 years are reported by both, from 2014 to 2023.
- How do Ghana and Kenya rank globally for interest payments?
- Ghana ranks 13th and Kenya ranks 11th 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.