Nicaragua vs Rwanda: Share of government spending going to interest payments
Nicaragua
9.2%
in 2023
Rwanda
9.8%
in 2023
Nicaragua rank
57th
Rwanda rank
54th
Share of government spending going to interest payments over time
- Nicaragua
- Rwanda
How they compare
Rwanda currently reports 9.8% against 9.2% in Nicaragua, a difference of 0.6%.
That makes Rwanda's figure about 1.1 times Nicaragua's.
The two have swapped places 2 times across 13 shared years of data; in 1990 it was Rwanda ahead.
Nicaragua ranks 57th and Rwanda ranks 54th of 152 countries.
Across the 3 decades both report, Nicaragua averaged higher in 1 and Rwanda in 2.
Head to head by decade
| Decade | Nicaragua | Rwanda | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 5.7% | 11.4% | 5.6% | Rwanda |
| 2010s | 6.3% | 5.0% | 1.3% | Nicaragua |
| 2020s | 7.8% | 8.2% | 0.5% | Rwanda |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher share of government spending going to interest payments, Nicaragua or Rwanda?
- Rwanda, at 9.8% against 9.2% in Nicaragua as of 2023.
- What is the difference in share of government spending going to interest payments between Nicaragua and Rwanda?
- 0.6%, with Rwanda ahead.
- How many years of comparable data are there for Nicaragua and Rwanda?
- 13 years are reported by both, from 1990 to 2023.
- How do Nicaragua and Rwanda rank globally for share of government spending going to interest payments?
- Nicaragua ranks 57th and Rwanda ranks 54th 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.