Luxembourg vs Marshall Islands: Share of government spending going to interest payments

Luxembourg
0.6%
in 2023
Marshall Islands
0.5%
in 2020
Luxembourg rank
144th
Marshall Islands rank
147th

Share of government spending going to interest payments over time

  • Luxembourg
  • Marshall Islands
0123197219972023

How they compare

Luxembourg currently reports 0.6% against 0.5% in Marshall Islands, a difference of 0.1%.

That makes Luxembourg's figure about 1.3 times Marshall Islands's.

The two have swapped places 3 times across 13 shared years of data; in 2008 it was Marshall Islands ahead.

Luxembourg ranks 144th and Marshall Islands ranks 147th of 152 countries.

Across the 3 decades both report, Luxembourg averaged higher in 2 and Marshall Islands in 1.

Head to head by decade

Decade Luxembourg Marshall Islands Difference Ahead
2000s 0.8% 1.2% 0.4% Marshall Islands
2010s 1.0% 0.9% 0.2% Luxembourg
2020s 0.5% 0.5% 0.0% Luxembourg

Averages of every year both report within each decade.

Frequently asked questions

Which has higher share of government spending going to interest payments, Luxembourg or Marshall Islands?
Luxembourg, at 0.6% against 0.5% in Marshall Islands as of 2023.
What is the difference in share of government spending going to interest payments between Luxembourg and Marshall Islands?
0.1%, with Luxembourg ahead.
How many years of comparable data are there for Luxembourg and Marshall Islands?
13 years are reported by both, from 2008 to 2020.
How do Luxembourg and Marshall Islands rank globally for share of government spending going to interest payments?
Luxembourg ranks 144th and Marshall Islands ranks 147th 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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Luxembourg vs Marshall Islands: 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 31 August 2026, from https://reference.statizoid.com/compare/share-of-government-expenditure-going-to-interest-payments/luxembourg/marshall-islands/

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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.