Luxembourg vs Micronesia (country): Share of government spending going to interest payments
Luxembourg
0.6%
in 2023
Micronesia (country)
0.6%
in 2020
Luxembourg rank
144th
Micronesia (country) rank
145th
Share of government spending going to interest payments over time
- Luxembourg
- Micronesia (country)
How they compare
Luxembourg currently reports 0.6% against 0.6% in Micronesia (country), a difference of 0.0%.
The two have swapped places 4 times across 13 shared years of data; in 2008 it was Micronesia (country) ahead.
Luxembourg ranks 144th and Micronesia (country) ranks 145th of 152 countries.
Across the 3 decades both report, Luxembourg averaged higher in 1 and Micronesia (country) in 2.
Head to head by decade
| Decade | Luxembourg | Micronesia (country) | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 0.8% | 1.2% | 0.4% | Micronesia (country) |
| 2010s | 1.0% | 1.0% | 0.0% | Luxembourg |
| 2020s | 0.5% | 0.6% | 0.1% | Micronesia (country) |
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 Micronesia (country)?
- Luxembourg, at 0.6% against 0.6% in Micronesia (country) as of 2023.
- What is the difference in share of government spending going to interest payments between Luxembourg and Micronesia (country)?
- 0.0%, with Luxembourg ahead.
- How many years of comparable data are there for Luxembourg and Micronesia (country)?
- 13 years are reported by both, from 2008 to 2020.
- How do Luxembourg and Micronesia (country) rank globally for share of government spending going to interest payments?
- Luxembourg ranks 144th and Micronesia (country) ranks 145th 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.