Lower middle income vs Philippines: Interest payments
Interest payments over time
- Lower middle income
- Philippines
How they compare
Philippines currently reports 17.3% against 9.0% in Lower middle income, a difference of 8.3%.
That makes Philippines's figure about 1.9 times Lower middle income's.
Across all 19 years both countries report, Philippines has been ahead every year.
Lower middle income ranks 22nd and Philippines ranks 25th of 41 groups.
Philippines has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Lower middle income | Philippines | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 8.5% | 32.2% | 23.7% | Philippines |
| 2010s | 7.1% | 16.8% | 9.8% | Philippines |
| 2020s | 9.7% | 13.8% | 4.1% | Philippines |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest payments, Lower middle income or Philippines?
- Philippines, at 17.3% against 9.0% in Lower middle income as of 2024.
- What is the difference in interest payments between Lower middle income and Philippines?
- 8.3%, with Philippines ahead.
- How many years of comparable data are there for Lower middle income and Philippines?
- 19 years are reported by both, from 2003 to 2021.
- How do Lower middle income and Philippines rank globally for interest payments?
- Lower middle income ranks 22nd and Philippines ranks 25th 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.