India vs Sri Lanka: Interest payments
India
34.0%
in 2022
Sri Lanka
79.9%
in 2023
India rank
3rd
Sri Lanka rank
1st
Interest payments over time
- India
- Sri Lanka
How they compare
Sri Lanka currently reports 79.9% against 34.0% in India, a difference of 45.9%.
That makes Sri Lanka's figure about 2.4 times India's.
The two have swapped places 2 times across 30 shared years of data; in 1990 it was Sri Lanka ahead.
India ranks 3rd and Sri Lanka ranks 1st of 155 countries.
Across the 4 decades both report, India averaged higher in 1 and Sri Lanka in 3.
Head to head by decade
| Decade | India | Sri Lanka | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 32.5% | 29.2% | 3.3% | India |
| 2000s | 32.0% | 36.1% | 4.1% | Sri Lanka |
| 2010s | 24.5% | 38.7% | 14.3% | Sri Lanka |
| 2020s | 34.0% | 77.8% | 43.8% | Sri Lanka |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest payments, India or Sri Lanka?
- Sri Lanka, at 79.9% against 34.0% in India as of 2023.
- What is the difference in interest payments between India and Sri Lanka?
- 45.9%, with Sri Lanka ahead.
- How many years of comparable data are there for India and Sri Lanka?
- 30 years are reported by both, from 1990 to 2022.
- How do India and Sri Lanka rank globally for interest payments?
- India ranks 3rd and Sri Lanka ranks 1st 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.