Armenia vs Papua New Guinea: Share of government spending going to interest payments
Armenia
12.7%
in 2023
Papua New Guinea
12.3%
in 2023
Armenia rank
39th
Papua New Guinea rank
41st
Share of government spending going to interest payments over time
- Armenia
- Papua New Guinea
How they compare
Armenia currently reports 12.7% against 12.3% in Papua New Guinea, a difference of 0.4%.
The two have swapped places 1 time across 10 shared years of data; in 2014 it was Papua New Guinea ahead.
Armenia ranks 39th and Papua New Guinea ranks 41st of 152 countries.
Papua New Guinea has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Armenia | Papua New Guinea | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 8.3% | 11.0% | 2.7% | Papua New Guinea |
| 2020s | 11.0% | 12.3% | 1.2% | Papua New Guinea |
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 Papua New Guinea?
- Armenia, at 12.7% against 12.3% in Papua New Guinea as of 2023.
- What is the difference in share of government spending going to interest payments between Armenia and Papua New Guinea?
- 0.4%, with Armenia ahead.
- How many years of comparable data are there for Armenia and Papua New Guinea?
- 10 years are reported by both, from 2014 to 2023.
- How do Armenia and Papua New Guinea rank globally for share of government spending going to interest payments?
- Armenia ranks 39th and Papua New Guinea ranks 41st 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.