Panama vs Sub-Saharan Africa: Interest payments
Panama
28.9%
in 2024
Sub-Saharan Africa
13.6%
in 2023
Panama rank
7th
Sub-Saharan Africa rank
8th
Interest payments over time
- Panama
- Sub-Saharan Africa
How they compare
Panama currently reports 28.9% against 13.6% in Sub-Saharan Africa, a difference of 15.3%.
That makes Panama's figure about 2.1 times Sub-Saharan Africa's.
Across all 10 years both countries report, Panama has been ahead every year.
Panama ranks 7th and Sub-Saharan Africa ranks 8th of 155 countries.
Panama has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Panama | Sub-Saharan Africa | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 13.5% | 6.9% | 6.6% | Panama |
| 2020s | 19.2% | 10.7% | 8.5% | Panama |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest payments, Panama or Sub-Saharan Africa?
- Panama, at 28.9% against 13.6% in Sub-Saharan Africa as of 2024.
- What is the difference in interest payments between Panama and Sub-Saharan Africa?
- 15.3%, with Panama ahead.
- How many years of comparable data are there for Panama and Sub-Saharan Africa?
- 10 years are reported by both, from 2014 to 2023.
- How do Panama and Sub-Saharan Africa rank globally for interest payments?
- Panama ranks 7th and Sub-Saharan Africa ranks 8th 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.