Which Government Pays the Most on Interest Payments?

Interest Payments on Government Debt (As % of Government Expense) (%), 2017 or latest
Economy | December 1, 2019
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Based on a comparison of 115 countries in 2017, Lebanon ranked the highest in interest payments on government debt as a share of government expense with 36.2% followed by Sri Lanka and Jamaica. On the other end of the scale was Singapore with 0.001%, East Timor with 0.010% and Afghanistan with 0.134%.

Average interest payments on government debt as a share of government expense reached 6.05% in 2017 in the World according to the National Statistical Office. This is 2.38 % less than in the previous year and 9.98 % more than 10 years ago.

Historically, average interest payments on government debt as a share of government expense reached an all time high of 12.0% in 1997 and an all time low of 4.77% in 2009. The average annual growth amounted to -3.36 % since 1972.

Data for more countries are available at Interest Payments on Government Debt (As % of Government Expense) indicator page.

Interest Payments on Government Debt (As % of Government Expense) Unit 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
Angola % ... ... 2.91% 3.59% 2.66% 3.67% 8.56%
Bangladesh % ... ... ... ... 17.3% 20.0% 21.2% 21.9% 22.7% ...
Brazil % 24.6% 22.8% 22.8% 23.5% 32.3%
Dominican Republic % 14.5% 15.1% 14.6% 15.3% 16.4%
Egypt % ... ... ... ... 19.1% 19.4% 22.6% 22.7% 24.2% ... ...
Jamaica % 34.5% 35.1% 30.7% 31.4% 29.4%
Jordan % 6.14% 7.75% 9.90% 12.9% 13.0% ... ...
Lebanon % ... 35.6% 30.7% 30.3% 33.6% 39.0%
Malawi % ... ... ... ... ... ... ... ... ... ... ... ... 9.99% 9.16% 8.73% 17.2% 15.9%
Mexico % ... ... ... ... ... ... ... 10.1% 10.3% 10.5% 10.6% 9.98%
Mongolia % ... ... 1.16% 2.79% 5.94% 9.48% 13.1% ...
Philippines % ... ... ... 20.6% 21.1% 20.4% 19.1% 16.7%
Sri Lanka % 30.6% 30.2% 31.6% 28.5% 25.8%
Uganda % ... ... 5.72% 8.41% 11.9% 11.3% 12.3%
Zambia % ... ... 6.53% 8.54% 9.01% 14.4% 17.0%