Guinea-Bissau vs Philippines: Share of government spending going to interest payments
Guinea-Bissau
14.9%
in 2023
Philippines
15.3%
in 2023
Guinea-Bissau rank
28th
Philippines rank
25th
Share of government spending going to interest payments over time
- Guinea-Bissau
- Philippines
How they compare
Philippines currently reports 15.3% against 14.9% in Guinea-Bissau, a difference of 0.4%.
Across all 7 years both countries report, Philippines has been ahead every year.
Guinea-Bissau ranks 28th and Philippines ranks 25th of 152 countries.
Philippines has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Guinea-Bissau | Philippines | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 5.2% | 13.2% | 8.0% | Philippines |
| 2020s | 10.3% | 12.5% | 2.2% | Philippines |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher share of government spending going to interest payments, Guinea-Bissau or Philippines?
- Philippines, at 15.3% against 14.9% in Guinea-Bissau as of 2023.
- What is the difference in share of government spending going to interest payments between Guinea-Bissau and Philippines?
- 0.4%, with Philippines ahead.
- How many years of comparable data are there for Guinea-Bissau and Philippines?
- 7 years are reported by both, from 2017 to 2023.
- How do Guinea-Bissau and Philippines rank globally for share of government spending going to interest payments?
- Guinea-Bissau ranks 28th and Philippines ranks 25th 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.