India vs North America: Interest payments
India
34.0%
in 2022
North America
14.3%
in 2024
India rank
3rd
North America rank
4th
Interest payments over time
- India
- North America
How they compare
India currently reports 34.0% against 14.3% in North America, a difference of 19.7%.
That makes India's figure about 2.4 times North America's.
Across all 46 years both countries report, India has been ahead every year.
India ranks 3rd and North America ranks 4th of 155 countries.
India has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | India | North America | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 11.6% | 8.8% | 2.8% | India |
| 1980s | 19.1% | 16.2% | 2.9% | India |
| 1990s | 32.5% | 21.3% | 11.2% | India |
| 2000s | 32.0% | 12.5% | 19.4% | India |
| 2010s | 24.5% | 9.1% | 15.4% | India |
| 2020s | 34.0% | 9.6% | 24.4% | India |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest payments, India or North America?
- India, at 34.0% against 14.3% in North America as of 2022.
- What is the difference in interest payments between India and North America?
- 19.7%, with India ahead.
- How many years of comparable data are there for India and North America?
- 46 years are reported by both, from 1974 to 2022.
- How do India and North America rank globally for interest payments?
- India ranks 3rd and North America ranks 4th 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.