Latvia vs Netherlands: Share of government spending going to interest payments
Latvia
1.9%
in 2023
Netherlands
1.6%
in 2023
Latvia rank
128th
Netherlands rank
131st
Share of government spending going to interest payments over time
- Latvia
- Netherlands
How they compare
Latvia currently reports 1.9% against 1.6% in Netherlands, a difference of 0.3%.
That makes Latvia's figure about 1.2 times Netherlands's.
The two have swapped places 3 times across 30 shared years of data; in 1994 it was Netherlands ahead.
Latvia ranks 128th and Netherlands ranks 131st of 152 countries.
Across the 4 decades both report, Latvia averaged higher in 2 and Netherlands in 2.
Head to head by decade
| Decade | Latvia | Netherlands | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 2.6% | 9.2% | 6.6% | Netherlands |
| 2000s | 2.3% | 5.4% | 3.0% | Netherlands |
| 2010s | 3.9% | 3.1% | 0.8% | Latvia |
| 2020s | 1.6% | 1.4% | 0.1% | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher share of government spending going to interest payments, Latvia or Netherlands?
- Latvia, at 1.9% against 1.6% in Netherlands as of 2023.
- What is the difference in share of government spending going to interest payments between Latvia and Netherlands?
- 0.3%, with Latvia ahead.
- How many years of comparable data are there for Latvia and Netherlands?
- 30 years are reported by both, from 1994 to 2023.
- How do Latvia and Netherlands rank globally for share of government spending going to interest payments?
- Latvia ranks 128th and Netherlands ranks 131st 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.