Philippines vs South Africa: Interest payments

Philippines
17.3%
in 2024
South Africa
18.2%
in 2024
Philippines rank
25th
South Africa rank
23rd

Interest payments over time

  • Philippines
  • South Africa
10203040197219982024

How they compare

South Africa currently reports 18.2% against 17.3% in Philippines, a difference of 0.9%.

That makes South Africa's figure about 1.1 times Philippines's.

The two have swapped places 3 times across 35 shared years of data; in 1990 it was Philippines ahead.

Philippines ranks 25th and South Africa ranks 23rd of 155 countries.

Across the 4 decades both report, Philippines averaged higher in 3 and South Africa in 1.

Head to head by decade

Decade Philippines South Africa Difference Ahead
1990s 26.5% 19.8% 6.7% Philippines
2000s 32.6% 12.2% 20.4% Philippines
2010s 16.8% 10.8% 6.0% Philippines
2020s 15.1% 16.3% 1.2% South Africa

Averages of every year both report within each decade.

Frequently asked questions

Which has higher interest payments, Philippines or South Africa?
South Africa, at 18.2% against 17.3% in Philippines as of 2024.
What is the difference in interest payments between Philippines and South Africa?
0.9%, with South Africa ahead.
How many years of comparable data are there for Philippines and South Africa?
35 years are reported by both, from 1990 to 2024.
How do Philippines and South Africa rank globally for interest payments?
Philippines ranks 25th and South Africa ranks 23rd 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.

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Philippines vs South Africa: Interest payments. Statizoid, drawing on Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 10 September 2026, from https://public-sector.statizoid.com/compare/interest-payments-percent-of-revenue/philippines/south-africa/

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About this data

Indicator
Interest payments (% of revenue)
Unit
% of revenue
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
196 places, 5,564 data points, 1972–2024
Last refreshed

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.