Iceland vs IDA only: Interest payments
Iceland
14.9%
in 2023
IDA only
7.8%
in 2021
Iceland rank
29th
IDA only rank
26th
Interest payments over time
- Iceland
- IDA only
How they compare
Iceland currently reports 14.9% against 7.8% in IDA only, a difference of 7.1%.
That makes Iceland's figure about 1.9 times IDA only's.
Across all 10 years both countries report, Iceland has been ahead every year.
Iceland ranks 29th and IDA only ranks 26th of 155 countries.
Iceland has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Iceland | IDA only | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 17.8% | 5.3% | 12.5% | Iceland |
| 2020s | 12.3% | 7.7% | 4.6% | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest payments, Iceland or IDA only?
- Iceland, at 14.9% against 7.8% in IDA only as of 2023.
- What is the difference in interest payments between Iceland and IDA only?
- 7.1%, with Iceland ahead.
- How many years of comparable data are there for Iceland and IDA only?
- 10 years are reported by both, from 2010 to 2021.
- How do Iceland and IDA only rank globally for interest payments?
- Iceland ranks 29th and IDA only ranks 26th 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.