Australia - Interest Payments on Government Debt
Since 2014, Australia Interest Payments on Government Debt was down by 0.1points year on year. In 2019, the country was ranked number 93 among other countries in Interest Payments on Government Debt with 3.49 Percent of Revenue. Australia is overtaken by South Korea, which was ranked number 92 at 3.66 Percent of Revenue and is followed by New Zealand with 3.29 Percent of Revenue. Lebanon lead the ranking with 50.83 Percent of Revenue in 2019, that is a growth of 1.7points versus 2018. Sri Lanka, Zambia and Ghana respectively ranked number 2, 3 and 4 in this ranking. Singapore recorded the best 5 years average growth at +219.6points per year, while Iraq recorded the worst performance at -61.4points per year.
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| Date | Percent of Revenue |
|---|---|
| 2019 | 3.49 |
| 2018 | 3.71 |
| 2017 | 3.80 |
| 2016 | 3.92 |
| 2015 | 3.85 |
How does Australia rank in Interest Payments on Government Debt?
| # | 138 Countries | Percent of Revenue | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Lebanon
|
50.83 % | 2019 | +1.7 % | +3.1 % | View data | |
| 2 |
#2
Sri Lanka
|
47.47 % | 2019 | +7.6 % | +5.2 % | View data | |
| 92 |
#92
South Korea
|
3.66 % | 2019 | +0.4 % | -7.0 % | View data | |
| 93 |
#93
Australia
|
3.49 % | 2019 | -5.7 % | -0.1 % | View data | |
| 94 |
#94
New Zealand
|
3.29 % | 2019 | -7.5 % | -5.9 % | View data | |