Australia vs Cyprus: Share of government expenditure going to interest payments
Australia
2.97
in 2022
Cyprus
3.05
in 2023
Australia rank
113th
Cyprus rank
112th
Share of government expenditure going to interest payments over time
- Australia
- Cyprus
How they compare
Cyprus currently reports 3.05 against 2.97 in Australia, a difference of 0.08.
The two have swapped places 7 times across 51 shared years of data; in 1972 it was Australia ahead.
Australia ranks 113th and Cyprus ranks 112th of 152 countries.
Across the 6 decades both report, Australia averaged higher in 1 and Cyprus in 5.
Head to head by decade
| Decade | Australia | Cyprus | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 6.48 | 5.24 | 1.24 | Australia |
| 1980s | 8.51 | 13.05 | 4.54 | Cyprus |
| 1990s | 6.63 | 11.86 | 5.23 | Cyprus |
| 2000s | 2.52 | 7.65 | 5.13 | Cyprus |
| 2010s | 3.25 | 6.09 | 2.84 | Cyprus |
| 2020s | 2.84 | 4.06 | 1.22 | Cyprus |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher share of government expenditure going to interest payments, Australia or Cyprus?
- Cyprus, at 3.05 against 2.97 in Australia as of 2023.
- What is the difference in share of government expenditure going to interest payments between Australia and Cyprus?
- 0.08, with Cyprus ahead.
- How many years of comparable data are there for Australia and Cyprus?
- 51 years are reported by both, from 1972 to 2022.
- How do Australia and Cyprus rank globally for share of government expenditure going to interest payments?
- Australia ranks 113th and Cyprus ranks 112th of 152 countries.
- Where does this data come from?
- Our World in Data, published as Share of government expenditure going to interest payments. Statizoid refreshes it automatically from the source and publishes the full history for both places.