Croatia vs Republic of Korea: Share of government spending going to interest payments
Croatia
4.2%
in 2023
Republic of Korea
4.4%
in 2023
Croatia rank
98th
Republic of Korea rank
95th
Share of government spending going to interest payments over time
- Croatia
- Republic of Korea
How they compare
Republic of Korea currently reports 4.4% against 4.2% in Croatia, a difference of 0.2%.
That makes Republic of Korea's figure about 1.1 times Croatia's.
The two have swapped places 4 times across 26 shared years of data; in 1991 it was Republic of Korea ahead.
Croatia ranks 98th and Republic of Korea ranks 95th of 152 countries.
Across the 4 decades both report, Croatia averaged higher in 2 and Republic of Korea in 2.
Head to head by decade
| Decade | Croatia | Republic of Korea | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 3.3% | 3.6% | 0.3% | Republic of Korea |
| 2000s | 4.8% | 5.9% | 1.1% | Republic of Korea |
| 2010s | 7.7% | 5.1% | 2.6% | Croatia |
| 2020s | 4.3% | 3.7% | 0.6% | Croatia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher share of government spending going to interest payments, Croatia or Republic of Korea?
- Republic of Korea, at 4.4% against 4.2% in Croatia as of 2023.
- What is the difference in share of government spending going to interest payments between Croatia and Republic of Korea?
- 0.2%, with Republic of Korea ahead.
- How many years of comparable data are there for Croatia and Republic of Korea?
- 26 years are reported by both, from 1991 to 2023.
- How do Croatia and Republic of Korea rank globally for share of government spending going to interest payments?
- Croatia ranks 98th and Republic of Korea ranks 95th 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.