Namibia vs South Africa: Share of government spending going to interest payments

Namibia
14.1%
in 2023
South Africa
14.3%
in 2022
Namibia rank
33rd
South Africa rank
31st

Share of government spending going to interest payments over time

  • Namibia
  • South Africa
05101520197219972023

How they compare

South Africa currently reports 14.3% against 14.1% in Namibia, a difference of 0.2%.

Across all 26 years both countries report, South Africa has been ahead every year.

Namibia ranks 33rd and South Africa ranks 31st of 152 countries.

South Africa has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Namibia South Africa Difference Ahead
1990s 3.0% 16.5% 13.5% South Africa
2000s 8.0% 11.8% 3.8% South Africa
2010s 6.2% 9.4% 3.1% South Africa
2020s 11.6% 12.9% 1.3% South Africa

Averages of every year both report within each decade.

Frequently asked questions

Which has higher share of government spending going to interest payments, Namibia or South Africa?
South Africa, at 14.3% against 14.1% in Namibia as of 2022.
What is the difference in share of government spending going to interest payments between Namibia and South Africa?
0.2%, with South Africa ahead.
How many years of comparable data are there for Namibia and South Africa?
26 years are reported by both, from 1991 to 2022.
How do Namibia and South Africa rank globally for share of government spending going to interest payments?
Namibia ranks 33rd and South Africa ranks 31st 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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Namibia vs South Africa: 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/namibia/south-africa/

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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.