Share of government expenditure going to interest payments in Paraguay

Paraguay: Share of government expenditure going to interest payments was 8.76 in 2023. ▲ Rising

Latest (2023)
8.76
Change on year
up 17.4%
World rank
62nd
of 152 countries
All-time high
8.76
in 2023
All-time low
1.12
in 2012
Years of data
19
2005–2023

Share of government expenditure going to interest payments in Paraguay, 2005–2023

24682005201420232005: 6.62006: 5.52007: 52008: 3.82009: 3.12010: 2.32011: 1.52012: 1.12013: 1.72014: 2.12015: 3.22016: 3.62017: 42018: 4.22019: 4.12020: 5.82021: 6.52022: 7.52023: 8.8

Source: Our World in Data.

Analysis

In 2023, share of government expenditure going to interest payments in Paraguay stood at 8.76. That is the highest value across all 19 years on record.

Compared with earlier readings it is up 17.4% on the previous year and up 403.0% over ten years.

Over the whole period, share of government expenditure going to interest payments in Paraguay peaked at 8.76 in 2023 and was at its lowest, 1.12, in 2012.

That places Paraguay 62nd out of 152 countries with data for 2023, putting it in the middle of the range.

The long-run direction has been consistently rising across the 19 years of available data.

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

Annual values for Share of government expenditure going to interest payments in Paraguay, 2005 to 2023.
Year Value Change
2005 6.63
2006 5.52 -16.7%
2007 4.97 -10.0%
2008 3.83 -22.9%
2009 3.11 -18.8%
2010 2.27 -27.2%
2011 1.53 -32.3%
2012 1.12 -26.9%
2013 1.74 +55.3%
2014 2.09 +19.9%
2015 3.2 +53.1%
2016 3.65 +14.1%
2017 4.03 +10.4%
2018 4.17 +3.5%
2019 4.07 -2.2%
2020 5.77 +41.6%
2021 6.54 +13.4%
2022 7.46 +14.1%
2023 8.76 +17.4%

Averages by decade

DecadeAverage LowestHighest Years
2000s 4.81 3.11 6.63 5
2010s 2.79 1.12 4.17 10
2020s 7.13 5.77 8.76 4

Countries ranked near Paraguay

  1. 59 Maldives 8.84 compare
  2. 60 Saint Vincent and the Grenadines 8.83 compare
  3. 61 Cape Verde 8.76 compare
  4. 63 Kazakhstan 8.68 compare
  5. 64 Mali 8.48 compare
  6. 65 Mauritius 8.41 compare

See the full ranking of 152 places →

More reference data data for Paraguay

All data for Paraguay →

Frequently asked questions

What is share of government expenditure going to interest payments in Paraguay?
Share of government expenditure going to interest payments in Paraguay was 8.76 in 2023, according to Our World in Data.
What is the highest share of government expenditure going to interest payments recorded in Paraguay?
The highest recorded value was 8.76 in 2023.
What is the lowest share of government expenditure going to interest payments recorded in Paraguay?
The lowest recorded value was 1.12 in 2012.
How does Paraguay rank for share of government expenditure going to interest payments?
Paraguay ranks 62nd out of 152 countries with data for 2023.
Is share of government expenditure going to interest payments rising or falling in Paraguay?
Over the last ten years it is up 403.0%. The long-run trend across the full record is rising.
Where does this Paraguay 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 Paraguay. Statizoid, drawing on Our World in Data. Retrieved 27 August 2026, from https://reference.statizoid.com/stat/share-of-government-expenditure-going-to-interest-payments/paraguay/

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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