Ecuador vs South Korea: Share of government expenditure going to interest payments
Ecuador
4.74
in 2022
South Korea
4.43
in 2023
Ecuador rank
94th
South Korea rank
95th
Share of government expenditure going to interest payments over time
- Ecuador
- South Korea
How they compare
Ecuador currently reports 4.74 against 4.43 in South Korea, a difference of 0.31.
That makes Ecuador's figure about 1.1 times South Korea's.
The two have swapped places 1 time across 10 shared years of data; in 2013 it was South Korea ahead.
Ecuador ranks 94th and South Korea ranks 95th of 152 countries.
Ecuador has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Ecuador | South Korea | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 4.83 | 4.81 | 0.0156 | Ecuador |
| 2020s | 5.5 | 3.47 | 2.03 | Ecuador |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher share of government expenditure going to interest payments, Ecuador or South Korea?
- Ecuador, at 4.74 against 4.43 in South Korea as of 2022.
- What is the difference in share of government expenditure going to interest payments between Ecuador and South Korea?
- 0.31, with Ecuador ahead.
- How many years of comparable data are there for Ecuador and South Korea?
- 10 years are reported by both, from 2013 to 2022.
- How do Ecuador and South Korea rank globally for share of government expenditure going to interest payments?
- Ecuador ranks 94th and South Korea ranks 95th of 152 countries.
- Where does this data come from?
- Our World in Data, published as Share of government expenditure going to interest payments. Statizoid refreshes it automatically from the source and publishes the full history for both places.