Table:
| All amounts in USD ‘000 | 2019 | 2018 | 2017 |
| --- | --- | --- | --- |
| Interest Expenses, net of capitalized interest | 34,018 | 29,753 | 18,286 |
| Commitment Fee | - | 3,325 | 760 |
| Amortization of Deferred Financing Costs | 4,372 | 1,470 | 1,393 |
| Other financial costs | - | 1 | 25 |
| Total Interest Expenses | 38,390 | 34,549 | 20,464 |
Paragraphs:
11. INTEREST EXPENSES
Interest expenses consist of interest expense on the long-term debt, the commitment fee and amortization of deferred financing costs related to the Credit Facility described in Note 9.
For the years ended December 31, 2019, 2018 and 2017, $0.0 million, $2.6 million and $2.5 million of interest expenses were capitalized, respectively.
Question:
What is the percentage change in the total interest expense between 2018 and 2019?
Answer: (38390 - 34549)/34549  = 11.12