Armenia vs Guatemala: Share of government spending going to interest payments
Armenia
12.7%
in 2023
Guatemala
12.0%
in 2023
Armenia rank
39th
Guatemala rank
42nd
Share of government spending going to interest payments over time
- Armenia
- Guatemala
How they compare
Armenia currently reports 12.7% against 12.0% in Guatemala, a difference of 0.7%.
That makes Armenia's figure about 1.1 times Guatemala's.
The two have swapped places 1 time across 20 shared years of data; in 2004 it was Guatemala ahead.
Armenia ranks 39th and Guatemala ranks 42nd of 152 countries.
Guatemala has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Armenia | Guatemala | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 2.2% | 11.0% | 8.9% | Guatemala |
| 2010s | 6.7% | 11.7% | 5.0% | Guatemala |
| 2020s | 11.0% | 11.9% | 0.9% | Guatemala |
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 Guatemala?
- Armenia, at 12.7% against 12.0% in Guatemala as of 2023.
- What is the difference in share of government spending going to interest payments between Armenia and Guatemala?
- 0.7%, with Armenia ahead.
- How many years of comparable data are there for Armenia and Guatemala?
- 20 years are reported by both, from 2004 to 2023.
- How do Armenia and Guatemala rank globally for share of government spending going to interest payments?
- Armenia ranks 39th and Guatemala ranks 42nd 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.