Iceland - Interest Payments to Revenue 2021
12.36%
+0.22pp from 2020
Iceland's interest payments to revenue was 12.36% in 2021, increased +0.22pp from 12.14% in 2020. This was the 98th highest globally.
Global Ranking - 2021▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Timor-Leste | 0.16% | -5.4% |
| 2nd | Estonia | 0.19% | -7.5% |
| 3rd | United Arab Emirates | 0.34% | 330.4% |
| 4th | Luxembourg | 0.35% | -33.3% |
| 5th | Singapore | 0.35% | -30.0% |
| 6th | Somalia, Fed. Rep. | 0.38% | -86.6% |
| 7th | Norway | 0.39% | -45.3% |
| 8th | Congo, Democratic Republic of | 0.56% | 24.4% |
| 9th | Switzerland | 0.59% | -21.6% |
| 10th | Sweden | 0.60% | -16.4% |
| 11th | Solomon Islands | 0.60% | 16.2% |
| 12th | Samoa | 0.77% | -54.4% |
| 13th | Kiribati | 0.79% | 17.5% |
| 14th | Tonga | 0.80% | -52.1% |
| 15th | Germany | 0.97% | -7.4% |
| 16th | Denmark | 1.00% | -10.4% |
| 17th | Finland | 1.22% | -29.0% |
| 18th | Bulgaria | 1.33% | -11.5% |
| 19th | Uzbekistan | 1.34% | 0.1% |
| 20th | Netherlands | 1.38% | -18.3% |
| 21st | Lithuania | 1.39% | -29.6% |
| 22nd | Bosnia and Herzegovina | 1.51% | -16.3% |
| 23rd | Latvia | 1.58% | -19.9% |
| 24th | Botswana | 1.70% | -29.3% |
| 25th | Azerbaijan | 1.76% | -20.3% |
| 26th | Cambodia | 1.85% | 12.6% |
| 27th | Vanuatu | 1.99% | -8.6% |
| 28th | Andorra | 2.21% | 34.5% |
| 29th | Czechia | 2.31% | 2.0% |
| 30th | Burundi | 2.36% | -13.9% |
| 31st | Kyrgyz Republic | 2.40% | -34.3% |
| 32nd | Lesotho | 2.41% | -17.5% |
| 33rd | Austria | 2.49% | -19.2% |
| 34th | Moldova | 2.65% | -8.7% |
| 35th | New Zealand | 2.78% | -9.6% |
| 36th | Slovenia | 2.84% | -23.8% |
| 37th | Saudi Arabia | 2.84% | -9.3% |
| 38th | Poland | 2.92% | -16.9% |
| 39th | European Union | 2.92% | -12.5% |
| 40th | Slovak Republic | 2.94% | -11.9% |
| 41st | France | 3.08% | 8.5% |
| 42nd | Malta | 3.18% | -13.6% |
| 43rd | Australia | 3.21% | -8.0% |
| 44th | Korea | 3.33% | -13.5% |
| 45th | Ireland | 3.41% | -27.9% |
| 46th | China | 3.44% | -12.1% |
| 47th | Chile | 3.54% | -22.0% |
| 48th | Belgium | 3.80% | -17.0% |
| 49th | Nepal | 3.86% | 15.8% |
| 50th | Ecuador | 3.94% | -61.3% |
| 51st | North Macedonia | 4.21% | -1.7% |
| 52nd | Cyprus | 4.21% | -18.6% |
| 53rd | Central African Republic | 4.21% | 218.4% |
| 54th | Croatia | 4.46% | -22.1% |
| 55th | San Marino | 4.55% | 232.6% |
| 56th | Serbia | 4.71% | 3.5% |
| 57th | Romania | 4.73% | 2.9% |
| 58th | Belarus | 4.78% | -7.8% |
| 59th | Canada | 4.98% | -9.8% |
| 60th | Georgia | 5.19% | -14.4% |
| 61st | Madagascar | 5.41% | -2.9% |
| 62nd | Greece | 5.65% | -13.8% |
| 63rd | Tajikistan | 5.69% | 11.7% |
| 64th | Nicaragua | 5.90% | -10.8% |
| 65th | Spain | 5.94% | -7.6% |
| 66th | Portugal | 6.01% | -19.1% |
| 67th | Hungary | 6.06% | 2.2% |
| 68th | Mongolia | 6.17% | -29.0% |
| 69th | Rwanda | 6.20% | 12.2% |
| 70th | Thailand | 6.39% | 32.9% |
| 71st | Albania | 6.51% | -23.7% |
| 72nd | Peru | 6.55% | -19.7% |
| 73rd | Paraguay | 6.65% | 3.3% |
| 74th | Cameroon | 6.82% | 7.9% |
| 75th | Equatorial Guinea | 7.03% | -22.0% |
| 76th | Eswatini | 7.41% | -3.5% |
| 77th | Uruguay | 7.51% | -14.6% |
| 78th | Argentina | 7.84% | -29.3% |
| 79th | United Kingdom | 7.90% | 29.0% |
| 80th | Lao PDR | 7.98% | -33.2% |
| 81st | Israel | 8.18% | 32.2% |
| 82nd | Burkina Faso | 8.37% | 21.1% |
| 83rd | Italy | 8.44% | 0.3% |
| 84th | Morocco | 8.73% | -5.6% |
| 85th | Kazakhstan | 8.89% | -12.7% |
| 86th | Congo, Republic of | 9.05% | 6.4% |
| 87th | Ukraine | 9.27% | 5.7% |
| 88th | Mozambique | 9.28% | -11.0% |
| 89th | Mauritius | 9.46% | 5.1% |
| 90th | Senegal | 9.51% | 2.4% |
| 91st | Guinea-Bissau | 9.69% | 4.8% |
| 92nd | Maldives | 9.73% | -8.0% |
| 93rd | Türkiye | 9.85% | 3.4% |
| 94th | Armenia | 10.94% | 2.8% |
| 95th | El Salvador | 11.07% | -8.4% |
| 96th | United States | 11.40% | 4.5% |
| 97th | Tanzania | 11.46% | 10.1% |
| 98th | Iceland | 12.36% | 1.8% |
| 99th | Togo | 12.95% | -8.4% |
| 100th | Colombia | 13.00% | 9.6% |
| 101st | Guatemala | 13.43% | -11.8% |
| 102nd | Lebanon | 13.59% | -35.3% |
| 103rd | Namibia | 14.28% | 13.6% |
| 104th | Philippines | 14.29% | 7.3% |
| 105th | Côte d'Ivoire | 14.81% | 2.4% |
| 106th | South Africa | 14.88% | -4.2% |
| 107th | Mexico | 15.83% | 2.4% |
| 108th | Costa Rica | 16.06% | -2.4% |
| 109th | Papua New Guinea | 16.23% | -9.1% |
| 110th | Malaysia | 16.29% | 6.3% |
| 111th | Jordan | 17.27% | -2.4% |
| 112th | Fiji | 17.77% | -5.0% |
| 113th | Uganda | 17.85% | 16.5% |
| 114th | Angola | 18.37% | -27.1% |
| 115th | Dominican Republic | 18.88% | -13.6% |
| 116th | Gabon | 18.93% | -1.7% |
| 117th | Panama | 20.39% | -4.6% |
| 118th | Bangladesh | 20.83% | -1.2% |
| 119th | Bahamas, The | 22.14% | 34.1% |
| 120th | Kenya | 23.41% | 2.1% |
| 121st | Malawi | 24.77% | 19.8% |
| 122nd | Brazil | 27.10% | 6.3% |
| 123rd | Zambia | 27.35% | -29.5% |
| 124th | Ghana | 47.82% | 7.2% |
| 125th | Sri Lanka | 71.62% | 0.3% |
FAQ
What was Iceland's interest payments to revenue in 2021?▾
Iceland's interest payments to revenue in 2021 was 12.36%. This ranked 98th globally.
How did Iceland's interest payments to revenue change in 2021?▾
Iceland's interest payments to revenue increased by 1.8% in 2021 compared to 2020.
Which country had the highest interest payments to revenue in 2021?▾
Sri Lanka had the highest interest payments to revenue in 2021 at 71.62%.
What is the interest payments to revenue of Iceland in 2021?▾
The interest payments to revenue of Iceland in 2021 was 12.36%. This ranked 98th globally.
How does 2021 compare to 2020 for Iceland's interest payments to revenue?▾
Iceland's interest payments to revenue went from 12.14% in 2020 to 12.36% in 2021, a 1.8% increase.
Related
2020
2022
All years
Full ranking 2021
External Debt
External Debt to GNI
Short-term Debt
Debt Service
Domestic Credit
Peak: 2009
Lowest: 1972
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 Cayman Islands
vs Singapore
vs Norway
vs United States
NATO Interest Payments to Revenue
OECD Interest Payments to Revenue
Global Ranking