Share of government expenditure going to interest payments in Saudi Arabia

Saudi Arabia: Share of government expenditure going to interest payments was 3.41 in 2023. ◆ Volatile

Latest (2023)
3.41
Change on year
up 15.0%
World rank
104th
of 152 countries
All-time high
3.41
in 2023
All-time low
0.3297
in 2015
Years of data
14
2010–2023

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

01232010201620232010: 2.32011: 1.32012: 0.8562013: 0.6292014: 0.432015: 0.332016: 0.712017: 1.32018: 1.72019: 2.42020: 2.72021: 32022: 32023: 3.4

Source: Our World in Data.

Analysis

The most recent figure for share of government expenditure going to interest payments in Saudi Arabia is 3.41, measured in 2023. That is the highest value across all 14 years on record.

The figure is up 15.0% on the previous year and up 442.4% over ten years.

Over the whole period, share of government expenditure going to interest payments in Saudi Arabia peaked at 3.41 in 2023 and was at its lowest, 0.3297, in 2015.

That places Saudi Arabia 104th out of 152 countries with data for 2023, putting it in the middle of the range.

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 Saudi Arabia, year by year

Annual values for Share of government expenditure going to interest payments in Saudi Arabia, 2010 to 2023.
Year Value Change
2010 2.26
2011 1.35 -40.4%
2012 0.8561 -36.4%
2013 0.6295 -26.5%
2014 0.4296 -31.7%
2015 0.3297 -23.3%
2016 0.7105 +115.5%
2017 1.25 +76.0%
2018 1.68 +34.7%
2019 2.37 +41.0%
2020 2.66 +11.9%
2021 2.97 +11.8%
2022 2.97 -0.0%
2023 3.41 +15.0%

Averages by decade

DecadeAverage LowestHighest Years
2010s 1.19 0.3297 2.37 10
2020s 3 2.66 3.41 4

Countries ranked near Saudi Arabia

  1. 101 Serbia 4 compare
  2. 102 Lesotho 3.99 compare
  3. 103 Romania 3.87 compare
  4. 105 France 3.4 compare
  5. 106 Burundi 3.33 compare
  6. 107 Ireland 3.3 compare

See the full ranking of 152 places →

More reference data data for Saudi Arabia

All data for Saudi Arabia →

Frequently asked questions

What is share of government expenditure going to interest payments in Saudi Arabia?
Share of government expenditure going to interest payments in Saudi Arabia was 3.41 in 2023, according to Our World in Data.
What is the highest share of government expenditure going to interest payments recorded in Saudi Arabia?
The highest recorded value was 3.41 in 2023.
What is the lowest share of government expenditure going to interest payments recorded in Saudi Arabia?
The lowest recorded value was 0.3297 in 2015.
How does Saudi Arabia rank for share of government expenditure going to interest payments?
Saudi Arabia ranks 104th out of 152 countries with data for 2023.
Is share of government expenditure going to interest payments rising or falling in Saudi Arabia?
Over the last ten years it is up 442.4%. The long-run trend across the full record is volatile.
Where does this Saudi Arabia 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 Saudi Arabia. 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/saudi-arabia/

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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