Kiribati vs Luxembourg: Share of government spending going to interest payments
Kiribati
0.8%
in 2023
Luxembourg
0.6%
in 2023
Kiribati rank
141st
Luxembourg rank
144th
Share of government spending going to interest payments over time
- Kiribati
- Luxembourg
How they compare
Kiribati currently reports 0.8% against 0.6% in Luxembourg, a difference of 0.2%.
That makes Kiribati's figure about 1.3 times Luxembourg's.
The two have swapped places 2 times across 12 shared years of data; in 2011 it was Kiribati ahead.
Kiribati ranks 141st and Luxembourg ranks 144th of 152 countries.
Kiribati has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Kiribati | Luxembourg | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 1.3% | 1.0% | 0.3% | Kiribati |
| 2020s | 0.8% | 0.4% | 0.3% | Kiribati |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher share of government spending going to interest payments, Kiribati or Luxembourg?
- Kiribati, at 0.8% against 0.6% in Luxembourg as of 2023.
- What is the difference in share of government spending going to interest payments between Kiribati and Luxembourg?
- 0.2%, with Kiribati ahead.
- How many years of comparable data are there for Kiribati and Luxembourg?
- 12 years are reported by both, from 2011 to 2023.
- How do Kiribati and Luxembourg rank globally for share of government spending going to interest payments?
- Kiribati ranks 141st and Luxembourg ranks 144th 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.