Namibia vs World: Interest payments
Namibia
14.7%
in 2024
World
6.9%
in 2023
Namibia rank
30th
World rank
28th
Interest payments over time
- Namibia
- World
How they compare
Namibia currently reports 14.7% against 6.9% in World, a difference of 7.8%.
That makes Namibia's figure about 2.1 times World's.
The two have swapped places 3 times across 24 shared years of data; in 1998 it was World ahead.
Namibia ranks 30th and World ranks 28th of 155 countries.
Across the 4 decades both report, Namibia averaged higher in 3 and World in 1.
Head to head by decade
| Decade | Namibia | World | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 7.5% | 10.1% | 2.5% | World |
| 2000s | 7.1% | 6.2% | 1.0% | Namibia |
| 2010s | 6.7% | 5.6% | 1.1% | Namibia |
| 2020s | 14.0% | 6.2% | 7.8% | Namibia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest payments, Namibia or World?
- Namibia, at 14.7% against 6.9% in World as of 2024.
- What is the difference in interest payments between Namibia and World?
- 7.8%, with Namibia ahead.
- How many years of comparable data are there for Namibia and World?
- 24 years are reported by both, from 1998 to 2023.
- How do Namibia and World rank globally for interest payments?
- Namibia ranks 30th and World ranks 28th 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.