Cyprus vs New Zealand: Share of government spending going to interest payments
Cyprus
3.1%
in 2023
New Zealand
3.0%
in 2022
Cyprus rank
112th
New Zealand rank
114th
Share of government spending going to interest payments over time
- Cyprus
- New Zealand
How they compare
Cyprus currently reports 3.1% against 3.0% in New Zealand, a difference of 0.1%.
The two have swapped places 1 time across 39 shared years of data; in 1972 it was New Zealand ahead.
Cyprus ranks 112th and New Zealand ranks 114th of 152 countries.
Across the 5 decades both report, Cyprus averaged higher in 3 and New Zealand in 2.
Head to head by decade
| Decade | Cyprus | New Zealand | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 5.2% | 9.0% | 3.8% | New Zealand |
| 1980s | 12.7% | 15.3% | 2.5% | New Zealand |
| 2000s | 7.5% | 4.6% | 2.8% | Cyprus |
| 2010s | 6.1% | 4.2% | 1.9% | Cyprus |
| 2020s | 4.1% | 2.8% | 1.3% | Cyprus |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher share of government spending going to interest payments, Cyprus or New Zealand?
- Cyprus, at 3.1% against 3.0% in New Zealand as of 2023.
- What is the difference in share of government spending going to interest payments between Cyprus and New Zealand?
- 0.1%, with Cyprus ahead.
- How many years of comparable data are there for Cyprus and New Zealand?
- 39 years are reported by both, from 1972 to 2022.
- How do Cyprus and New Zealand rank globally for share of government spending going to interest payments?
- Cyprus ranks 112th and New Zealand ranks 114th 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.