Developing countries pay the highest interest payments on public debt as a share of their gross domestic product (GDP), with Zambia paying the highest rate at seven percent. Many developing countries rely on public debt to finance key investments, but a high debt burden means that funds need to be allocated to debt repayments.
Countries with the highest public debt interest payments as a share of the gross domestic product (GDP) in 2023
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UNCTAD. (June 11, 2024). Countries with the highest public debt interest payments as a share of the gross domestic product (GDP) in 2023 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1478796/countries-highest-public-debt-interest-ratio-world/
UNCTAD. "Countries with the highest public debt interest payments as a share of the gross domestic product (GDP) in 2023." Chart. June 11, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1478796/countries-highest-public-debt-interest-ratio-world/
UNCTAD. (2024). Countries with the highest public debt interest payments as a share of the gross domestic product (GDP) in 2023. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1478796/countries-highest-public-debt-interest-ratio-world/
UNCTAD. "Countries with The Highest Public Debt Interest Payments as a Share of The Gross Domestic Product (Gdp) in 2023." Statista, Statista Inc., 11 Jun 2024, https://www.statista.com/statistics/1478796/countries-highest-public-debt-interest-ratio-world/
UNCTAD, Countries with the highest public debt interest payments as a share of the gross domestic product (GDP) in 2023 Statista, https://www.statista.com/statistics/1478796/countries-highest-public-debt-interest-ratio-world/ (last visited November 21, 2024)
Countries with the highest public debt interest payments as a share of the gross domestic product (GDP) in 2023 [Graph], UNCTAD, June 11, 2024. [Online]. Available: https://www.statista.com/statistics/1478796/countries-highest-public-debt-interest-ratio-world/
