Jamaica vs Low & middle income: Interest payments
Jamaica
22.4%
in 2020
Low & middle income
10.1%
in 2023
Jamaica rank
12th
Low & middle income rank
15th
Interest payments over time
- Jamaica
- Low & middle income
How they compare
Jamaica currently reports 22.4% against 10.1% in Low & middle income, a difference of 12.3%.
That makes Jamaica's figure about 2.2 times Low & middle income's.
Across all 13 years both countries report, Jamaica has been ahead every year.
Jamaica ranks 12th and Low & middle income ranks 15th of 155 countries.
Jamaica has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Jamaica | Low & middle income | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 54.1% | 5.1% | 49.0% | Jamaica |
| 2010s | 29.3% | 6.2% | 23.1% | Jamaica |
| 2020s | 22.4% | 9.2% | 13.2% | Jamaica |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest payments, Jamaica or Low & middle income?
- Jamaica, at 22.4% against 10.1% in Low & middle income as of 2020.
- What is the difference in interest payments between Jamaica and Low & middle income?
- 12.3%, with Jamaica ahead.
- How many years of comparable data are there for Jamaica and Low & middle income?
- 13 years are reported by both, from 2008 to 2020.
- How do Jamaica and Low & middle income rank globally for interest payments?
- Jamaica ranks 12th and Low & middle income ranks 15th 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.
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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.