Malaysia vs Philippines: Share of government spending going to interest payments

Malaysia
14.9%
in 2023
Philippines
15.3%
in 2023
Malaysia rank
27th
Philippines rank
25th

Share of government spending going to interest payments over time

  • Malaysia
  • Philippines
10203040199020062023

How they compare

Philippines currently reports 15.3% against 14.9% in Malaysia, a difference of 0.4%.

The two have swapped places 2 times across 24 shared years of data; in 2000 it was Philippines ahead.

Malaysia ranks 27th and Philippines ranks 25th of 152 countries.

Across the 3 decades both report, Malaysia averaged higher in 1 and Philippines in 2.

Head to head by decade

Decade Malaysia Philippines Difference Ahead
2000s 12.3% 29.6% 17.3% Philippines
2010s 11.3% 17.6% 6.4% Philippines
2020s 13.8% 12.5% 1.3% Malaysia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher share of government spending going to interest payments, Malaysia or Philippines?
Philippines, at 15.3% against 14.9% in Malaysia as of 2023.
What is the difference in share of government spending going to interest payments between Malaysia and Philippines?
0.4%, with Philippines ahead.
How many years of comparable data are there for Malaysia and Philippines?
24 years are reported by both, from 2000 to 2023.
How do Malaysia and Philippines rank globally for share of government spending going to interest payments?
Malaysia ranks 27th and Philippines ranks 25th 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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Malaysia vs Philippines: 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 28 August 2026, from https://reference.statizoid.com/compare/share-of-government-expenditure-going-to-interest-payments/malaysia/philippines/

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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.