Share of government expenditure going to interest payments in Finland

Finland: Share of government expenditure going to interest payments was 2 in 2023. ◆ Volatile

Latest (2023)
2
Change on year
up 54.0%
World rank
126th
of 152 countries
All-time high
10.15
in 1994
All-time low
0.9155
in 1976
Years of data
52
1972–2023

Share of government expenditure going to interest payments in Finland, 1972–2023

0246810197219972023

Source: Our World in Data.

Analysis

Finland recorded 2 for share of government expenditure going to interest payments in 2023.

The figure is up 54.0% on the previous year and down 36.5% over ten years.

Over the whole period, share of government expenditure going to interest payments in Finland peaked at 10.15 in 1994 and was at its lowest, 0.9155, in 1976.

That places Finland 126th out of 152 countries with data for 2023, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

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

Annual values for Share of government expenditure going to interest payments in Finland, 1972 to 2023.
Year Value Change
1972 2.21
1973 2.02 -8.5%
1974 1.31 -35.0%
1975 0.9817 -25.3%
1976 0.9155 -6.7%
1977 1.24 +35.7%
1978 1.58 +27.2%
1979 2.15 +36.3%
1980 2.36 +9.6%
1981 2.68 +13.5%
1982 3.11 +16.3%
1983 3.82 +22.7%
1984 4.4 +15.2%
1985 4.71 +7.1%
1986 4.33 -8.2%
1987 4.12 -4.9%
1988 4.11 -0.2%
1989 3.58 -12.9%
1990 3.1 -13.3%
1991 3.25 +4.7%
1992 4.23 +30.2%
1993 8.41 +98.7%
1994 10.15 +20.6%
1995 7.52 -25.9%
1996 8.76 +16.6%
1997 9.84 +12.3%
1998 8.89 -9.7%
1999 7.77 -12.6%
2000 7.73 -0.4%
2001 7.39 -4.5%
2002 5.79 -21.7%
2003 5.14 -11.2%
2004 4.77 -7.2%
2005 4.37 -8.4%
2006 3.99 -8.6%
2007 3.83 -4.0%
2008 3.64 -5.0%
2009 3.24 -11.0%
2010 3.46 +6.6%
2011 3.56 +3.1%
2012 3.59 +0.8%
2013 3.15 -12.2%
2014 3.07 -2.8%
2015 2.86 -6.6%
2016 2.72 -4.9%
2017 2.55 -6.3%
2018 2.4 -6.0%
2019 2.11 -11.8%
2020 1.5 -29.2%
2021 1.15 -23.5%
2022 1.3 +13.5%
2023 2 +54.0%

Averages by decade

DecadeAverage LowestHighest Years
1970s 1.55 0.9155 2.21 8
1980s 3.72 2.36 4.71 10
1990s 7.19 3.1 10.15 10
2000s 4.99 3.24 7.73 10
2010s 2.95 2.11 3.59 10
2020s 1.49 1.15 2 4

Countries ranked near Finland

  1. 123 Bosnia and Herzegovina 2.11 compare
  2. 124 Cambodia 2.1 compare
  3. 125 Azerbaijan 2.05 compare
  4. 127 Bhutan 1.9 compare
  5. 128 Latvia 1.86 compare
  6. 129 Tonga 1.69 compare

See the full ranking of 152 places →

More reference data data for Finland

All data for Finland →

Frequently asked questions

What is share of government expenditure going to interest payments in Finland?
Share of government expenditure going to interest payments in Finland was 2 in 2023, according to Our World in Data.
What is the highest share of government expenditure going to interest payments recorded in Finland?
The highest recorded value was 10.15 in 1994.
What is the lowest share of government expenditure going to interest payments recorded in Finland?
The lowest recorded value was 0.9155 in 1976.
How does Finland rank for share of government expenditure going to interest payments?
Finland ranks 126th out of 152 countries with data for 2023.
Is share of government expenditure going to interest payments rising or falling in Finland?
Over the last ten years it is down 36.5%. The long-run trend across the full record is volatile.
Where does this Finland 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 Finland. 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/finland/

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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