Iceland vs IDA total: Interest payments
Iceland
14.9%
in 2023
IDA total
7.8%
in 2021
Iceland rank
29th
IDA total rank
26th
Interest payments over time
- Iceland
- IDA total
How they compare
Iceland currently reports 14.9% against 7.8% in IDA total, a difference of 7.1%.
That makes Iceland's figure about 1.9 times IDA total's.
Across all 9 years both countries report, Iceland has been ahead every year.
Iceland ranks 29th and IDA total 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 total | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 16.9% | 5.5% | 11.3% | Iceland |
| 2020s | 12.3% | 7.7% | 4.5% | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest payments, Iceland or IDA total?
- Iceland, at 14.9% against 7.8% in IDA total as of 2023.
- What is the difference in interest payments between Iceland and IDA total?
- 7.1%, with Iceland ahead.
- How many years of comparable data are there for Iceland and IDA total?
- 9 years are reported by both, from 2012 to 2021.
- How do Iceland and IDA total rank globally for interest payments?
- Iceland ranks 29th and IDA total 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.