Canada - Interest Payments to Revenue 2024
8.22%
+0.90pp from 2023
Canada's interest payments to revenue was 8.22% in 2024, increased +0.90pp from 7.31% in 2023. This was the 13th highest globally.
Global Ranking - 2024▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Singapore | 0.47% | 13.3% |
| 2nd | Somalia, Fed. Rep. | 0.64% | 557.7% |
| 3rd | Bosnia and Herzegovina | 2.38% | 18.3% |
| 4th | Kyrgyz Republic | 2.63% | 12.2% |
| 5th | United Arab Emirates | 3.04% | 57.9% |
| 6th | Botswana | 3.43% | 57.2% |
| 7th | Lesotho | 3.49% | 0.9% |
| 8th | Saudi Arabia | 3.54% | 13.5% |
| 9th | Mongolia | 4.26% | -4.4% |
| 10th | Georgia | 5.51% | 5.1% |
| 11th | Thailand | 5.76% | 1.0% |
| 12th | Uruguay | 6.94% | 4.8% |
| 13th | Canada | 8.22% | 12.3% |
| 14th | Ukraine | 8.27% | 3.4% |
| 15th | United Kingdom | 8.32% | -8.3% |
| 16th | Paraguay | 10.30% | 11.5% |
| 17th | Mauritius | 10.41% | 6.4% |
| 18th | Türkiye | 11.66% | 6.3% |
| 19th | Armenia | 12.60% | 13.4% |
| 20th | Tanzania | 13.89% | 4.9% |
| 21st | Colombia | 13.90% | 0.6% |
| 22nd | El Salvador | 14.32% | 1.5% |
| 23rd | Mozambique | 15.11% | 14.6% |
| 24th | Dominican Republic | 19.35% | 4.2% |
| 25th | United States | 20.19% | 12.3% |
| 26th | Angola | 25.19% | 6.4% |
| 27th | Brazil | 30.09% | -2.4% |
FAQ
What was Canada's interest payments to revenue in 2024?▾
Canada's interest payments to revenue in 2024 was 8.22%. This ranked 13th globally.
How did Canada's interest payments to revenue change in 2024?▾
Canada's interest payments to revenue increased by 12.3% in 2024 compared to 2023.
Which country had the highest interest payments to revenue in 2024?▾
Brazil had the highest interest payments to revenue in 2024 at 30.09%.
What is the interest payments to revenue of Canada in 2024?▾
The interest payments to revenue of Canada in 2024 was 8.22%. This ranked 13th globally.
How does 2024 compare to 2023 for Canada's interest payments to revenue?▾
Canada's interest payments to revenue went from 7.31% in 2023 to 8.22% in 2024, a 12.3% increase.
Related
2023
2025
All years
Full ranking 2024
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