Least developed countries vs Philippines: Interest payments
Interest payments over time
- Least developed countries
- Philippines
How they compare
Philippines currently reports 17.3% against 8.0% in Least developed countries, a difference of 9.3%.
That makes Philippines's figure about 2.2 times Least developed countries's.
Across all 10 years both countries report, Philippines has been ahead every year.
Least developed countries ranks 25th and Philippines ranks 25th of 39 groups.
Philippines has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Least developed countries | Philippines | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 5.1% | 16.1% | 10.9% | Philippines |
| 2020s | 7.6% | 13.8% | 6.2% | Philippines |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest payments, Least developed countries or Philippines?
- Philippines, at 17.3% against 8.0% in Least developed countries as of 2024.
- What is the difference in interest payments between Least developed countries and Philippines?
- 9.3%, with Philippines ahead.
- How many years of comparable data are there for Least developed countries and Philippines?
- 10 years are reported by both, from 2010 to 2021.
- How do Least developed countries and Philippines rank globally for interest payments?
- Least developed countries ranks 25th and Philippines ranks 25th of 39 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.