Fiji vs Iceland: Share of government spending going to interest payments
Fiji
14.6%
in 2023
Iceland
14.7%
in 2023
Fiji rank
30th
Iceland rank
29th
Share of government spending going to interest payments over time
- Fiji
- Iceland
How they compare
Iceland currently reports 14.7% against 14.6% in Fiji, a difference of 0.1%.
The two have swapped places 5 times across 27 shared years of data; in 1990 it was Fiji ahead.
Fiji ranks 30th and Iceland ranks 29th of 152 countries.
Across the 4 decades both report, Fiji averaged higher in 2 and Iceland in 2.
Head to head by decade
| Decade | Fiji | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 11.9% | 10.7% | 1.2% | Fiji |
| 2000s | 12.2% | 18.0% | 5.8% | Iceland |
| 2010s | 12.4% | 18.9% | 6.4% | Iceland |
| 2020s | 12.7% | 12.5% | 0.2% | Fiji |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher share of government spending going to interest payments, Fiji or Iceland?
- Iceland, at 14.7% against 14.6% in Fiji as of 2023.
- What is the difference in share of government spending going to interest payments between Fiji and Iceland?
- 0.1%, with Iceland ahead.
- How many years of comparable data are there for Fiji and Iceland?
- 27 years are reported by both, from 1990 to 2023.
- How do Fiji and Iceland rank globally for share of government spending going to interest payments?
- Fiji ranks 30th and Iceland ranks 29th 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.