Share of government expenditure going to interest payments in Brazil

Brazil: Share of government expenditure going to interest payments was 24.14 in 2023. ▼ Falling

Latest (2023)
24.14
Change on year
down 1.9%
World rank
7th
of 152 countries
All-time high
34.41
in 2015
All-time low
16.21
in 2020
Years of data
14
2010–2023

Share of government expenditure going to interest payments in Brazil, 2010–2023

01020302010201620232010: 25.12011: 26.52012: 24.42013: 24.42014: 25.22015: 34.42016: 292017: 27.12018: 26.72019: 22.52020: 16.22021: 22.62022: 24.62023: 24.1

Source: Our World in Data.

Analysis

Brazil recorded 24.14 for share of government expenditure going to interest payments in 2023.

Compared with earlier readings it is down 1.9% on the previous year and down 1.1% over ten years.

Over the whole period, share of government expenditure going to interest payments in Brazil peaked at 34.41 in 2015 and was at its lowest, 16.21, in 2020.

Brazil ranks 7th of 152 countries on this measure, in the top 10%.

The long-run direction has been consistently falling across the 14 years of available data.

Share of government expenditure going to interest payments in Brazil, year by year

Annual values for Share of government expenditure going to interest payments in Brazil, 2010 to 2023.
Year Value Change
2010 25.11
2011 26.49 +5.5%
2012 24.44 -7.7%
2013 24.4 -0.2%
2014 25.18 +3.2%
2015 34.41 +36.6%
2016 28.98 -15.8%
2017 27.07 -6.6%
2018 26.72 -1.3%
2019 22.5 -15.8%
2020 16.21 -27.9%
2021 22.64 +39.7%
2022 24.6 +8.7%
2023 24.14 -1.9%

Averages by decade

DecadeAverage LowestHighest Years
2010s 26.53 22.5 34.41 10
2020s 21.9 16.21 24.6 4

Countries ranked near Brazil

  1. 4 Zambia 26.53 compare
  2. 5 Malawi 26.35 compare
  3. 6 Egypt 24.23 compare
  4. 8 Bangladesh 24.03 compare
  5. 9 India 23.23 compare
  6. 10 Barbados 22.53 compare

See the full ranking of 152 places →

More reference data data for Brazil

All data for Brazil →

Frequently asked questions

What is share of government expenditure going to interest payments in Brazil?
Share of government expenditure going to interest payments in Brazil was 24.14 in 2023, according to Our World in Data.
What is the highest share of government expenditure going to interest payments recorded in Brazil?
The highest recorded value was 34.41 in 2015.
What is the lowest share of government expenditure going to interest payments recorded in Brazil?
The lowest recorded value was 16.21 in 2020.
How does Brazil rank for share of government expenditure going to interest payments?
Brazil ranks 7th out of 152 countries with data for 2023.
Is share of government expenditure going to interest payments rising or falling in Brazil?
Over the last ten years it is down 1.1%. The long-run trend across the full record is falling.
Where does this Brazil data come from?
The figures come from Our World in Data, published as part of Share of government expenditure going to interest payments. Statizoid updates them automatically from the source API.

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Share of government expenditure going to interest payments in Brazil. Statizoid, drawing on Our World in Data. Retrieved 26 August 2026, from https://reference.statizoid.com/stat/share-of-government-expenditure-going-to-interest-payments/brazil/

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About this data

Indicator
Share of government expenditure going to interest payments
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
152 places, 4,278 data points, 1972–2024
Last refreshed