Latin America & Caribbean (excluding high income) vs Panama: Interest payments
Interest payments over time
- Latin America & Caribbean (excluding high income)
- Panama
How they compare
Panama currently reports 28.9% against 13.9% in Latin America & Caribbean (excluding high income), a difference of 15.0%.
That makes Panama's figure about 2.1 times Latin America & Caribbean (excluding high income)'s.
Across all 11 years both countries report, Panama has been ahead every year.
Latin America & Caribbean (excluding high income) ranks 5th and Panama ranks 7th of 41 groups.
Panama has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Latin America & Caribbean (excluding high income) | Panama | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 10.8% | 13.5% | 2.7% | Panama |
| 2020s | 12.5% | 21.2% | 8.7% | Panama |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest payments, Latin America & Caribbean (excluding high income) or Panama?
- Panama, at 28.9% against 13.9% in Latin America & Caribbean (excluding high income) as of 2024.
- What is the difference in interest payments between Latin America & Caribbean (excluding high income) and Panama?
- 15.0%, with Panama ahead.
- How many years of comparable data are there for Latin America & Caribbean (excluding high income) and Panama?
- 11 years are reported by both, from 2014 to 2024.
- How do Latin America & Caribbean (excluding high income) and Panama rank globally for interest payments?
- Latin America & Caribbean (excluding high income) ranks 5th and Panama ranks 7th of 41 groups.
- 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.