Mexico vs Philippines: Share of government expenditure going to interest payments
Mexico
15.77
in 2023
Philippines
15.31
in 2023
Mexico rank
24th
Philippines rank
25th
Share of government expenditure going to interest payments over time
- Mexico
- Philippines
How they compare
Mexico currently reports 15.77 against 15.31 in Philippines, a difference of 0.46.
The two have swapped places 2 times across 20 shared years of data; in 1990 it was Mexico ahead.
Mexico ranks 24th and Philippines ranks 25th of 152 countries.
Across the 4 decades both report, Mexico averaged higher in 1 and Philippines in 3.
Head to head by decade
| Decade | Mexico | Philippines | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 31.06 | 36.46 | 5.4 | Philippines |
| 2000s | 12.39 | 25.9 | 13.51 | Philippines |
| 2010s | 11.33 | 17.62 | 6.29 | Philippines |
| 2020s | 14.45 | 12.49 | 1.96 | Mexico |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher share of government expenditure going to interest payments, Mexico or Philippines?
- Mexico, at 15.77 against 15.31 in Philippines as of 2023.
- What is the difference in share of government expenditure going to interest payments between Mexico and Philippines?
- 0.46, with Mexico ahead.
- How many years of comparable data are there for Mexico and Philippines?
- 20 years are reported by both, from 1990 to 2023.
- How do Mexico and Philippines rank globally for share of government expenditure going to interest payments?
- Mexico ranks 24th and Philippines ranks 25th of 152 countries.
- Where does this data come from?
- Our World in Data, published as Share of government expenditure going to interest payments. Statizoid refreshes it automatically from the source and publishes the full history for both places.