Cape Verde vs Paraguay: Share of government spending going to interest payments

Cape Verde
8.8%
in 2020
Paraguay
8.8%
in 2023
Cape Verde rank
61st
Paraguay rank
62nd

Share of government spending going to interest payments over time

  • Cape Verde
  • Paraguay
02.557.51012.5200520142023

How they compare

Cape Verde currently reports 8.8% against 8.8% in Paraguay, a difference of 0.0%.

Across all 16 years both countries report, Cape Verde has been ahead every year.

Cape Verde ranks 61st and Paraguay ranks 62nd of 152 countries.

Cape Verde has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Cape Verde Paraguay Difference Ahead
2000s 7.1% 4.8% 2.3% Cape Verde
2010s 10.5% 2.8% 7.7% Cape Verde
2020s 8.8% 5.8% 3.0% 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 Paraguay?
Cape Verde, at 8.8% against 8.8% in Paraguay as of 2020.
What is the difference in share of government spending going to interest payments between Cape Verde and Paraguay?
0.0%, with Cape Verde ahead.
How many years of comparable data are there for Cape Verde and Paraguay?
16 years are reported by both, from 2005 to 2020.
How do Cape Verde and Paraguay rank globally for share of government spending going to interest payments?
Cape Verde ranks 61st and Paraguay ranks 62nd 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.

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Cape Verde vs Paraguay: Share of government spending going to interest payments. Statizoid, drawing on International Monetary Fund (IMF) Government Finance Statistics, via World Bank (2026) – processed by Our World in Data. Retrieved 30 August 2026, from https://reference.statizoid.com/compare/share-of-government-expenditure-going-to-interest-payments/cabo-verde/paraguay/

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About this data

Indicator
Share of government spending going to interest payments
Unit
% of expense
Source
International Monetary Fund (IMF) Government Finance Statistics, via World Bank (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
152 places, 4,278 data points, 1972–2024
Last refreshed

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.