Argentina vs Canada: Share of government spending going to interest payments
Argentina
7.3%
in 2023
Canada
7.6%
in 2023
Argentina rank
74th
Canada rank
72nd
Share of government spending going to interest payments over time
- Argentina
- Canada
How they compare
Canada currently reports 7.6% against 7.3% in Argentina, a difference of 0.3%.
The two have swapped places 2 times across 25 shared years of data; in 1990 it was Canada ahead.
Argentina ranks 74th and Canada ranks 72nd of 152 countries.
Across the 4 decades both report, Argentina averaged higher in 3 and Canada in 1.
Head to head by decade
| Decade | Argentina | Canada | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 11.2% | 22.9% | 11.7% | Canada |
| 2000s | 26.6% | 17.9% | 8.7% | Argentina |
| 2010s | 10.8% | 6.6% | 4.2% | Argentina |
| 2020s | 7.3% | 5.4% | 1.8% | Argentina |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher share of government spending going to interest payments, Argentina or Canada?
- Canada, at 7.6% against 7.3% in Argentina as of 2023.
- What is the difference in share of government spending going to interest payments between Argentina and Canada?
- 0.3%, with Canada ahead.
- How many years of comparable data are there for Argentina and Canada?
- 25 years are reported by both, from 1990 to 2023.
- How do Argentina and Canada rank globally for share of government spending going to interest payments?
- Argentina ranks 74th and Canada ranks 72nd of 152 countries.
- Where does this data come from?
- International Monetary Fund (IMF) Government Finance Statistics, via World Bank (2026) – processed by Our World in Data, published as Share of government spending going to interest payments. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Interest expenditures on government debt, as share of total central government expenditures. Interest expenditures on government debt include payments on long-term bonds, long-term loans, and other debt instruments.