Congo vs Papua New Guinea: Share of government spending going to interest payments

Congo
11.5%
in 2021
Papua New Guinea
12.3%
in 2023
Congo rank
44th
Papua New Guinea rank
41st

Share of government spending going to interest payments over time

  • Congo
  • Papua New Guinea
0102030199020062023

How they compare

Papua New Guinea currently reports 12.3% against 11.5% in Congo, a difference of 0.8%.

That makes Papua New Guinea's figure about 1.1 times Congo's.

The two have swapped places 3 times across 10 shared years of data; in 2001 it was Congo ahead.

Congo ranks 44th and Papua New Guinea ranks 41st of 152 countries.

Across the 3 decades both report, Congo averaged higher in 1 and Papua New Guinea in 2.

Head to head by decade

Decade Congo Papua New Guinea Difference Ahead
2000s 33.0% 17.8% 15.2% Congo
2010s 7.7% 11.0% 3.3% Papua New Guinea
2020s 10.3% 12.5% 2.1% Papua New Guinea

Averages of every year both report within each decade.

Frequently asked questions

Which has higher share of government spending going to interest payments, Congo or Papua New Guinea?
Papua New Guinea, at 12.3% against 11.5% in Congo as of 2023.
What is the difference in share of government spending going to interest payments between Congo and Papua New Guinea?
0.8%, with Papua New Guinea ahead.
How many years of comparable data are there for Congo and Papua New Guinea?
10 years are reported by both, from 2001 to 2021.
How do Congo and Papua New Guinea rank globally for share of government spending going to interest payments?
Congo ranks 44th and Papua New Guinea ranks 41st 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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Congo vs Papua New Guinea: 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 01 September 2026, from https://reference.statizoid.com/compare/share-of-government-expenditure-going-to-interest-payments/congo-rep/papua-new-guinea/

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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.