Bhutan vs Latvia: Share of government spending going to interest payments
Bhutan
1.9%
in 2020
Latvia
1.9%
in 2023
Bhutan rank
127th
Latvia rank
128th
Share of government spending going to interest payments over time
- Bhutan
- Latvia
How they compare
Bhutan currently reports 1.9% against 1.9% in Latvia, a difference of 0.0%.
The two have swapped places 2 times across 27 shared years of data; in 1994 it was Bhutan ahead.
Bhutan ranks 127th and Latvia ranks 128th of 152 countries.
Bhutan has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Bhutan | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 7.5% | 2.6% | 5.0% | Bhutan |
| 2000s | 5.5% | 2.3% | 3.2% | Bhutan |
| 2010s | 8.6% | 3.9% | 4.7% | Bhutan |
| 2020s | 1.9% | 1.8% | 0.1% | Bhutan |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher share of government spending going to interest payments, Bhutan or Latvia?
- Bhutan, at 1.9% against 1.9% in Latvia as of 2020.
- What is the difference in share of government spending going to interest payments between Bhutan and Latvia?
- 0.0%, with Bhutan ahead.
- How many years of comparable data are there for Bhutan and Latvia?
- 27 years are reported by both, from 1994 to 2020.
- How do Bhutan and Latvia rank globally for share of government spending going to interest payments?
- Bhutan ranks 127th and Latvia ranks 128th 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.