New Zealand vs Vanuatu: Share of government spending going to interest payments
New Zealand
3.0%
in 2022
Vanuatu
3.0%
in 2023
New Zealand rank
114th
Vanuatu rank
115th
Share of government spending going to interest payments over time
- New Zealand
- Vanuatu
How they compare
New Zealand currently reports 3.0% against 3.0% in Vanuatu, a difference of 0.0%.
Across all 14 years both countries report, New Zealand has been ahead every year.
New Zealand ranks 114th and Vanuatu ranks 115th of 152 countries.
New Zealand has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | New Zealand | Vanuatu | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 3.5% | 2.4% | 1.1% | New Zealand |
| 2010s | 4.2% | 3.4% | 0.8% | New Zealand |
| 2020s | 2.8% | 2.5% | 0.2% | New Zealand |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher share of government spending going to interest payments, New Zealand or Vanuatu?
- New Zealand, at 3.0% against 3.0% in Vanuatu as of 2022.
- What is the difference in share of government spending going to interest payments between New Zealand and Vanuatu?
- 0.0%, with New Zealand ahead.
- How many years of comparable data are there for New Zealand and Vanuatu?
- 14 years are reported by both, from 2009 to 2022.
- How do New Zealand and Vanuatu rank globally for share of government spending going to interest payments?
- New Zealand ranks 114th and Vanuatu ranks 115th 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.