Iceland vs Papua New Guinea: Interest payments
Interest payments over time
- Iceland
- Papua New Guinea
How they compare
Iceland currently reports 14.9% against 14.2% in Papua New Guinea, a difference of 0.7%.
That makes Iceland's figure about 1.1 times Papua New Guinea's.
The two have swapped places 7 times across 23 shared years of data; in 1990 it was Papua New Guinea ahead.
Iceland ranks 29th and Papua New Guinea ranks 32nd of 155 countries.
Across the 4 decades both report, Iceland averaged higher in 1 and Papua New Guinea in 3.
Head to head by decade
| Decade | Iceland | Papua New Guinea | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 10.7% | 13.6% | 2.9% | Papua New Guinea |
| 2000s | 8.5% | 16.5% | 8.0% | Papua New Guinea |
| 2010s | 15.5% | 12.0% | 3.5% | Iceland |
| 2020s | 13.9% | 15.5% | 1.5% | Papua New Guinea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest payments, Iceland or Papua New Guinea?
- Iceland, at 14.9% against 14.2% in Papua New Guinea as of 2023.
- What is the difference in interest payments between Iceland and Papua New Guinea?
- 0.7%, with Iceland ahead.
- How many years of comparable data are there for Iceland and Papua New Guinea?
- 23 years are reported by both, from 1990 to 2023.
- How do Iceland and Papua New Guinea rank globally for interest payments?
- Iceland ranks 29th and Papua New Guinea ranks 32nd 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.