India vs Jamaica: Share of government spending going to interest payments

India
23.2%
in 2022
Jamaica
22.0%
in 2020
India rank
9th
Jamaica rank
11th

Share of government spending going to interest payments over time

  • India
  • Jamaica
1020304050197419982022

How they compare

India currently reports 23.2% against 22.0% in Jamaica, a difference of 1.2%.

That makes India's figure about 1.1 times Jamaica's.

Across all 31 years both countries report, Jamaica has been ahead every year.

India ranks 9th and Jamaica ranks 11th of 152 countries.

Jamaica has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade India Jamaica Difference Ahead
1980s 20.5% 37.5% 17.0% Jamaica
1990s 26.7% 40.5% 13.9% Jamaica
2000s 24.8% 45.3% 20.5% Jamaica
2010s 19.7% 31.2% 11.5% Jamaica

Averages of every year both report within each decade.

Frequently asked questions

Which has higher share of government spending going to interest payments, India or Jamaica?
India, at 23.2% against 22.0% in Jamaica as of 2022.
What is the difference in share of government spending going to interest payments between India and Jamaica?
1.2%, with India ahead.
How many years of comparable data are there for India and Jamaica?
31 years are reported by both, from 1988 to 2018.
How do India and Jamaica rank globally for share of government spending going to interest payments?
India ranks 9th and Jamaica ranks 11th 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.

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India vs Jamaica: Share of government spending going to interest payments. Statizoid, drawing on International Monetary Fund (IMF) Government Finance Statistics, via World Bank (2026) – processed by Our World in Data. Retrieved 30 August 2026, from https://reference.statizoid.com/compare/share-of-government-expenditure-going-to-interest-payments/india/jamaica/

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About this data

Indicator
Share of government spending going to interest payments
Unit
% of expense
Source
International Monetary Fund (IMF) Government Finance Statistics, via World Bank (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
152 places, 4,278 data points, 1972–2024
Last refreshed

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.