Canada - Interest Payments to Revenue 2022
5.80%
+0.82pp from 2021
Canada's interest payments to revenue was 5.80% in 2022, increased +0.82pp from 4.98% in 2021. This was the 63rd highest globally.
Global Ranking - 2022▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Somalia, Fed. Rep. | 0.10% | -74.9% |
| 2nd | Timor-Leste | 0.12% | -25.1% |
| 3rd | Estonia | 0.30% | 54.1% |
| 4th | Luxembourg | 0.35% | -0.4% |
| 5th | Singapore | 0.42% | 21.6% |
| 6th | Norway | 0.46% | 16.7% |
| 7th | Congo, Democratic Republic of | 0.51% | -7.7% |
| 8th | Switzerland | 0.68% | 14.6% |
| 9th | Kiribati | 0.85% | 8.2% |
| 10th | Lithuania | 0.98% | -29.6% |
| 11th | Bulgaria | 1.00% | -24.5% |
| 12th | Tonga | 1.11% | 39.6% |
| 13th | Samoa | 1.15% | 50.5% |
| 14th | United Arab Emirates | 1.18% | 245.9% |
| 15th | Azerbaijan | 1.20% | -32.1% |
| 16th | Solomon Islands | 1.23% | 105.5% |
| 17th | Sweden | 1.29% | 115.8% |
| 18th | Finland | 1.30% | 6.8% |
| 19th | Netherlands | 1.31% | -5.0% |
| 20th | Latvia | 1.46% | -7.5% |
| 21st | Germany | 1.47% | 51.3% |
| 22nd | Bosnia and Herzegovina | 1.47% | -2.5% |
| 23rd | Uzbekistan | 1.53% | 14.3% |
| 24th | Denmark | 1.64% | 63.9% |
| 25th | Cambodia | 1.66% | -10.4% |
| 26th | Andorra | 2.14% | -3.4% |
| 27th | Austria | 2.16% | -13.5% |
| 28th | Botswana | 2.18% | 28.1% |
| 29th | Saudi Arabia | 2.39% | -15.7% |
| 30th | Kyrgyz Republic | 2.39% | -0.2% |
| 31st | Slovenia | 2.63% | -7.4% |
| 32nd | Vanuatu | 2.67% | 34.0% |
| 33rd | Slovak Republic | 2.71% | -7.9% |
| 34th | Malta | 2.85% | -10.3% |
| 35th | Ireland | 2.96% | -13.3% |
| 36th | European Union | 2.96% | 1.3% |
| 37th | San Marino | 3.02% | -33.7% |
| 38th | Australia | 3.08% | -3.9% |
| 39th | Moldova | 3.12% | 17.8% |
| 40th | New Zealand | 3.17% | 14.0% |
| 41st | Belarus | 3.26% | -31.7% |
| 42nd | Cyprus | 3.28% | -22.2% |
| 43rd | Belgium | 3.31% | -13.0% |
| 44th | Lesotho | 3.35% | 39.0% |
| 45th | Czechia | 3.39% | 46.8% |
| 46th | Korea | 3.60% | 8.2% |
| 47th | Serbia | 3.63% | -23.0% |
| 48th | Chile | 3.82% | 7.8% |
| 49th | North Macedonia | 3.82% | -9.3% |
| 50th | Croatia | 3.84% | -13.8% |
| 51st | Tajikistan | 3.89% | -31.5% |
| 52nd | Georgia | 3.90% | -24.8% |
| 53rd | Poland | 4.05% | 38.7% |
| 54th | France | 4.15% | 34.9% |
| 55th | Equatorial Guinea | 4.15% | -40.9% |
| 56th | Mongolia | 4.16% | -32.6% |
| 57th | Romania | 4.63% | -2.2% |
| 58th | Ecuador | 4.66% | 18.3% |
| 59th | Madagascar | 4.82% | -11.0% |
| 60th | Portugal | 4.95% | -17.5% |
| 61st | Nicaragua | 5.42% | -8.0% |
| 62nd | Greece | 5.44% | -3.7% |
| 63rd | Canada | 5.80% | 16.5% |
| 64th | Rwanda | 6.21% | 0.2% |
| 65th | Spain | 6.44% | 8.4% |
| 66th | Uruguay | 6.64% | -11.6% |
| 67th | Thailand | 6.76% | 5.7% |
| 68th | Kazakhstan | 7.07% | -20.5% |
| 69th | Hungary | 7.14% | 17.7% |
| 70th | Paraguay | 7.24% | 8.9% |
| 71st | Ukraine | 7.26% | -21.7% |
| 72nd | Albania | 7.33% | 12.6% |
| 73rd | Morocco | 7.96% | -8.8% |
| 74th | Mauritius | 8.03% | -15.1% |
| 75th | Burkina Faso | 8.63% | 3.1% |
| 76th | Guinea-Bissau | 8.74% | -9.8% |
| 77th | Argentina | 9.47% | 20.9% |
| 78th | Israel | 9.76% | 19.4% |
| 79th | Armenia | 9.86% | -9.9% |
| 80th | Senegal | 9.86% | 3.8% |
| 81st | Italy | 10.14% | 20.1% |
| 82nd | Mozambique | 10.30% | 11.0% |
| 83rd | El Salvador | 11.18% | 1.0% |
| 84th | Tanzania | 11.41% | -0.5% |
| 85th | United Kingdom | 11.83% | 49.7% |
| 86th | Lao PDR | 11.85% | 48.4% |
| 87th | Guatemala | 12.67% | -5.7% |
| 88th | Angola | 12.96% | -29.5% |
| 89th | United States | 13.41% | 17.6% |
| 90th | Papua New Guinea | 13.88% | -14.5% |
| 91st | Togo | 13.95% | 7.7% |
| 92nd | Malaysia | 14.02% | -13.9% |
| 93rd | Philippines | 14.19% | -0.7% |
| 94th | Namibia | 14.66% | 2.6% |
| 95th | Costa Rica | 15.29% | -4.8% |
| 96th | Colombia | 15.47% | 19.0% |
| 97th | Türkiye | 15.48% | 57.1% |
| 98th | Jordan | 16.02% | -7.2% |
| 99th | South Africa | 16.04% | 7.8% |
| 100th | Iceland | 16.35% | 32.3% |
| 101st | Mexico | 17.20% | 8.7% |
| 102nd | Fiji | 17.24% | -3.0% |
| 103rd | Dominican Republic | 17.43% | -7.7% |
| 104th | Côte d'Ivoire | 17.44% | 17.8% |
| 105th | Uganda | 19.52% | 9.3% |
| 106th | Bahamas, The | 21.18% | -4.4% |
| 107th | Kenya | 21.79% | -6.9% |
| 108th | Brazil | 28.89% | 6.6% |
| 109th | Malawi | 29.92% | 20.8% |
| 110th | India | 33.98% | 47.7% |
| 111th | Ghana | 47.27% | -1.2% |
| 112th | Sri Lanka | 77.77% | 8.6% |
FAQ
What was Canada's interest payments to revenue in 2022?▾
Canada's interest payments to revenue in 2022 was 5.80%. This ranked 63rd globally.
How did Canada's interest payments to revenue change in 2022?▾
Canada's interest payments to revenue increased by 16.5% in 2022 compared to 2021.
Which country had the highest interest payments to revenue in 2022?▾
Sri Lanka had the highest interest payments to revenue in 2022 at 77.77%.
What is the interest payments to revenue of Canada in 2022?▾
The interest payments to revenue of Canada in 2022 was 5.80%. This ranked 63rd globally.
How does 2022 compare to 2021 for Canada's interest payments to revenue?▾
Canada's interest payments to revenue went from 4.98% in 2021 to 5.80% in 2022, a 16.5% increase.
Related
2021
2023
All years
Full ranking 2022
External Debt
External Debt to GNI
Short-term Debt
Debt Service
Domestic Credit
Peak: 1990
Lowest: 2021
Interest Payments to Revenue 1990s
Interest Payments to Revenue 2000s
Interest Payments to Revenue 2010s
Interest Payments to Revenue 2020s
Highest ever
Lowest ever
Average
vs Finland
vs United Kingdom
vs Hong Kong SAR, China
vs Greenland
G20 Interest Payments to Revenue
G7 Interest Payments to Revenue
NATO Interest Payments to Revenue
OECD Interest Payments to Revenue
Global Ranking