Jamaica vs Upper middle income: Interest payments
Jamaica
22.4%
in 2020
Upper middle income
10.4%
in 2024
Jamaica rank
12th
Upper middle income rank
12th
Interest payments over time
- Jamaica
- Upper middle income
How they compare
Jamaica currently reports 22.4% against 10.4% in Upper middle income, a difference of 12.0%.
That makes Jamaica's figure about 2.2 times Upper middle income's.
Across all 25 years both countries report, Jamaica has been ahead every year.
Jamaica ranks 12th and Upper middle income ranks 12th of 155 countries.
Jamaica has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Jamaica | Upper middle income | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 40.7% | 12.3% | 28.4% | Jamaica |
| 2000s | 50.1% | 8.2% | 41.8% | Jamaica |
| 2010s | 29.3% | 7.1% | 22.2% | Jamaica |
| 2020s | 22.4% | 9.5% | 12.9% | Jamaica |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest payments, Jamaica or Upper middle income?
- Jamaica, at 22.4% against 10.4% in Upper middle income as of 2020.
- What is the difference in interest payments between Jamaica and Upper middle income?
- 12.0%, with Jamaica ahead.
- How many years of comparable data are there for Jamaica and Upper middle income?
- 25 years are reported by both, from 1995 to 2020.
- How do Jamaica and Upper middle income rank globally for interest payments?
- Jamaica ranks 12th and Upper middle income ranks 12th 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.