Nicaragua vs Trinidad and Tobago: Share of government spending going to interest payments
Nicaragua
9.2%
in 2023
Trinidad and Tobago
9.6%
in 2019
Nicaragua rank
57th
Trinidad and Tobago rank
55th
Share of government spending going to interest payments over time
- Nicaragua
- Trinidad and Tobago
How they compare
Trinidad and Tobago currently reports 9.6% against 9.2% in Nicaragua, a difference of 0.4%.
The two have swapped places 6 times across 19 shared years of data; in 2001 it was Trinidad and Tobago ahead.
Nicaragua ranks 57th and Trinidad and Tobago ranks 55th of 152 countries.
Trinidad and Tobago has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Nicaragua | Trinidad and Tobago | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 10.8% | 11.8% | 0.9% | Trinidad and Tobago |
| 2010s | 6.5% | 7.2% | 0.8% | Trinidad and Tobago |
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 Trinidad and Tobago?
- Trinidad and Tobago, at 9.6% against 9.2% in Nicaragua as of 2019.
- What is the difference in share of government spending going to interest payments between Nicaragua and Trinidad and Tobago?
- 0.4%, with Trinidad and Tobago ahead.
- How many years of comparable data are there for Nicaragua and Trinidad and Tobago?
- 19 years are reported by both, from 2001 to 2019.
- How do Nicaragua and Trinidad and Tobago rank globally for share of government spending going to interest payments?
- Nicaragua ranks 57th and Trinidad and Tobago ranks 55th 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.