Armenia vs Colombia: Share of government spending going to interest payments
Armenia
12.7%
in 2023
Colombia
13.2%
in 2023
Armenia rank
39th
Colombia rank
37th
Share of government spending going to interest payments over time
- Armenia
- Colombia
How they compare
Colombia currently reports 13.2% against 12.7% in Armenia, a difference of 0.5%.
The two have swapped places 2 times across 16 shared years of data; in 2008 it was Colombia ahead.
Armenia ranks 39th and Colombia ranks 37th of 152 countries.
Colombia has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Armenia | Colombia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 1.8% | 12.9% | 11.1% | Colombia |
| 2010s | 6.7% | 9.7% | 3.0% | Colombia |
| 2020s | 11.0% | 11.6% | 0.5% | Colombia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher share of government spending going to interest payments, Armenia or Colombia?
- Colombia, at 13.2% against 12.7% in Armenia as of 2023.
- What is the difference in share of government spending going to interest payments between Armenia and Colombia?
- 0.5%, with Colombia ahead.
- How many years of comparable data are there for Armenia and Colombia?
- 16 years are reported by both, from 2008 to 2023.
- How do Armenia and Colombia rank globally for share of government spending going to interest payments?
- Armenia ranks 39th and Colombia ranks 37th 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.