Share of government expenditure going to interest payments in Namibia

Namibia: Share of government expenditure going to interest payments was 14.14 in 2023. ▲ Rising

Latest (2023)
14.14
Change on year
up 10.1%
World rank
33rd
of 152 countries
All-time high
14.14
in 2023
All-time low
0.7467
in 1992
Years of data
27
1991–2023

Share of government expenditure going to interest payments in Namibia, 1991–2023

0510151991200720231991: 0.8381992: 0.7471999: 7.42000: 6.72001: 7.32002: 8.52003: 8.12004: 9.12005: 9.92006: 9.72007: 8.32008: 6.22009: 5.82010: 4.12011: 3.72012: 5.12013: 4.32014: 4.12015: 4.72016: 7.72017: 8.22018: 9.42019: 112020: 10.42021: 11.52022: 12.82023: 14.1

Source: Our World in Data.

Analysis

The most recent figure for share of government expenditure going to interest payments in Namibia is 14.14, measured in 2023. That is the highest value across all 27 years on record.

That represents a change of up 10.1% on the previous year and up 229.1% over ten years.

Over the whole period, share of government expenditure going to interest payments in Namibia peaked at 14.14 in 2023 and was at its lowest, 0.7467, in 1992.

Namibia ranks 33rd of 152 countries on this measure, in the top quarter.

The long-run direction has been consistently rising across the 27 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 3 0.7467 7.42 3
2000s 7.96 5.81 9.88 10
2010s 6.23 3.65 10.99 10
2020s 12.2 10.35 14.14 4

Countries ranked near Namibia

  1. 30 Fiji, Republic of 14.58 compare
  2. 31 South Africa 14.29 compare
  3. 32 Côte d’Ivoire 14.14 compare
  4. 34 El Salvador 14.1 compare
  5. 35 Panama 13.36 compare
  6. 36 Senegal 13.2 compare

See the full ranking of 152 places →

More reference data data for Namibia

All data for Namibia →

Frequently asked questions

What is share of government expenditure going to interest payments in Namibia?
Share of government expenditure going to interest payments in Namibia was 14.14 in 2023, according to Our World in Data.
What is the highest share of government expenditure going to interest payments recorded in Namibia?
The highest recorded value was 14.14 in 2023.
What is the lowest share of government expenditure going to interest payments recorded in Namibia?
The lowest recorded value was 0.7467 in 1992.
How does Namibia rank for share of government expenditure going to interest payments?
Namibia ranks 33rd out of 152 countries with data for 2023.
Is share of government expenditure going to interest payments rising or falling in Namibia?
Over the last ten years it is up 229.1%. The long-run trend across the full record is rising.
Where does this Namibia 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 Namibia. Statizoid, drawing on Our World in Data. Retrieved 18 August 2026, from https://reference.statizoid.com/stat/share-of-government-expenditure-going-to-interest-payments/namibia/

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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