Statizoid

Madagascar vs Mongolia: Interest payments

Madagascar
6.3%
in 2023
Mongolia
6.0%
in 2021
Madagascar rank
79th
Mongolia rank
81st

Interest payments over time

  • Madagascar
  • Mongolia
0510152025199220072023

How they compare

Madagascar currently reports 6.3% against 6.0% in Mongolia, a difference of 0.3%.

That makes Madagascar's figure about 1.1 times Mongolia's.

The two have swapped places 2 times across 17 shared years of data; in 2003 it was Madagascar ahead.

Globally, Madagascar ranks 79th and Mongolia ranks 81st of 152 countries.

Individual pages

About this data

Indicator
Interest payments (% of expense)
Unit
% of expense
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
193 places, 5,277 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 percentage of total expenses which is any decrease in net worth resulting from a transaction.