Canada vs Israel: Share of government spending going to interest payments
Canada
7.6%
in 2023
Israel
7.7%
in 2023
Canada rank
72nd
Israel rank
70th
Share of government spending going to interest payments over time
- Canada
- Israel
How they compare
Israel currently reports 7.7% against 7.6% in Canada, a difference of 0.1%.
The two have swapped places 9 times across 34 shared years of data; in 1990 it was Canada ahead.
Canada ranks 72nd and Israel ranks 70th of 152 countries.
Across the 4 decades both report, Canada averaged higher in 2 and Israel in 2.
Head to head by decade
| Decade | Canada | Israel | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 22.9% | 14.5% | 8.4% | Canada |
| 2000s | 14.7% | 13.6% | 1.1% | Canada |
| 2010s | 7.4% | 7.8% | 0.4% | Israel |
| 2020s | 5.4% | 7.3% | 1.8% | Israel |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher share of government spending going to interest payments, Canada or Israel?
- Israel, at 7.7% against 7.6% in Canada as of 2023.
- What is the difference in share of government spending going to interest payments between Canada and Israel?
- 0.1%, with Israel ahead.
- How many years of comparable data are there for Canada and Israel?
- 34 years are reported by both, from 1990 to 2023.
- How do Canada and Israel rank globally for share of government spending going to interest payments?
- Canada ranks 72nd and Israel ranks 70th 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.