Guatemala vs Papua New Guinea: Share of government spending going to interest payments
Guatemala
12.0%
in 2023
Papua New Guinea
12.3%
in 2023
Guatemala rank
42nd
Papua New Guinea rank
41st
Share of government spending going to interest payments over time
- Guatemala
- Papua New Guinea
How they compare
Papua New Guinea currently reports 12.3% against 12.0% in Guatemala, a difference of 0.3%.
The two have swapped places 5 times across 23 shared years of data; in 1990 it was Guatemala ahead.
Guatemala ranks 42nd and Papua New Guinea ranks 41st of 152 countries.
Across the 4 decades both report, Guatemala averaged higher in 1 and Papua New Guinea in 3.
Head to head by decade
| Decade | Guatemala | Papua New Guinea | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 11.9% | 13.8% | 1.9% | Papua New Guinea |
| 2000s | 10.6% | 16.5% | 5.9% | Papua New Guinea |
| 2010s | 11.7% | 11.0% | 0.7% | Guatemala |
| 2020s | 11.9% | 12.3% | 0.3% | 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, Guatemala or Papua New Guinea?
- Papua New Guinea, at 12.3% against 12.0% in Guatemala as of 2023.
- What is the difference in share of government spending going to interest payments between Guatemala and Papua New Guinea?
- 0.3%, with Papua New Guinea ahead.
- How many years of comparable data are there for Guatemala and Papua New Guinea?
- 23 years are reported by both, from 1990 to 2023.
- How do Guatemala and Papua New Guinea rank globally for share of government spending going to interest payments?
- Guatemala ranks 42nd 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.
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.