High income vs Papua New Guinea: Interest payments
Interest payments over time
- High income
- Papua New Guinea
How they compare
Papua New Guinea currently reports 14.2% against 3.5% in High income, a difference of 10.7%.
That makes Papua New Guinea's figure about 4.0 times High income's.
The two have swapped places 2 times across 24 shared years of data; in 1990 it was Papua New Guinea ahead.
High income ranks 35th and Papua New Guinea ranks 32nd of 41 groups.
Papua New Guinea has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | High income | Papua New Guinea | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 8.8% | 13.6% | 4.8% | Papua New Guinea |
| 2000s | 7.1% | 16.5% | 9.4% | Papua New Guinea |
| 2010s | 4.4% | 12.0% | 7.5% | Papua New Guinea |
| 2020s | 3.4% | 15.2% | 11.8% | Papua New Guinea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest payments, High income or Papua New Guinea?
- Papua New Guinea, at 14.2% against 3.5% in High income as of 2024.
- What is the difference in interest payments between High income and Papua New Guinea?
- 10.7%, with Papua New Guinea ahead.
- How many years of comparable data are there for High income and Papua New Guinea?
- 24 years are reported by both, from 1990 to 2024.
- How do High income and Papua New Guinea rank globally for interest payments?
- High income ranks 35th and Papua New Guinea ranks 32nd of 41 groups.
- 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.