Cape Verde vs Ethiopia: Share of government spending going to interest payments
Cape Verde
8.8%
in 2020
Ethiopia
9.0%
in 2023
Cape Verde rank
61st
Ethiopia rank
58th
Share of government spending going to interest payments over time
- Cape Verde
- Ethiopia
How they compare
Ethiopia currently reports 9.0% against 8.8% in Cape Verde, a difference of 0.2%.
The two have swapped places 2 times across 16 shared years of data; in 2005 it was Cape Verde ahead.
Cape Verde ranks 61st and Ethiopia ranks 58th of 152 countries.
Across the 3 decades both report, Cape Verde averaged higher in 2 and Ethiopia in 1.
Head to head by decade
| Decade | Cape Verde | Ethiopia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 7.1% | 10.5% | 3.4% | Ethiopia |
| 2010s | 10.5% | 4.1% | 6.4% | Cape Verde |
| 2020s | 8.8% | 4.8% | 4.0% | Cape Verde |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher share of government spending going to interest payments, Cape Verde or Ethiopia?
- Ethiopia, at 9.0% against 8.8% in Cape Verde as of 2023.
- What is the difference in share of government spending going to interest payments between Cape Verde and Ethiopia?
- 0.2%, with Ethiopia ahead.
- How many years of comparable data are there for Cape Verde and Ethiopia?
- 16 years are reported by both, from 2005 to 2020.
- How do Cape Verde and Ethiopia rank globally for share of government spending going to interest payments?
- Cape Verde ranks 61st and Ethiopia ranks 58th 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.