Share of government spending going to interest payments in Saint Kitts and Nevis

Saint Kitts and Nevis: Share of government spending going to interest payments was 2.9% in 2020. ▲ Rising

Latest (2020)
2.9%
Change on year
down 52.8%
World rank
117th
of 152 countries
All-time high
25.6%
in 2016
All-time low
2.9%
in 2020
Years of data
24
1990–2020

Share of government spending going to interest payments in Saint Kitts and Nevis, 1990–2020

5101520251990200520201990: 12.2 % of expense1991: 13.7 % of expense1992: 12.8 % of expense1993: 10.7 % of expense1994: 8.4 % of expense2000: 14.4 % of expense2001: 17.1 % of expense2002: 9.6 % of expense2003: 10.2 % of expense2004: 9.6 % of expense2005: 11.6 % of expense2006: 12.1 % of expense2007: 12 % of expense2008: 23.9 % of expense2009: 22.6 % of expense2010: 24.7 % of expense2011: 21.1 % of expense2012: 21.3 % of expense2013: 14.5 % of expense2014: 12.5 % of expense2015: 7.4 % of expense2016: 25.6 % of expense2017: 6.2 % of expense2020: 2.9 % of expense

Source: International Monetary Fund (IMF) Government Finance Statistics, via World Bank (2026) – processed by Our World in Data. Measured in % of expense.

Analysis

The most recent figure for share of government spending going to interest payments in Saint Kitts and Nevis is 2.9%, measured in 2020. That is the lowest value across all 24 years on record.

The figure is down 52.8% on the previous year and down 88.1% over ten years.

Over the whole period, share of government spending going to interest payments in Saint Kitts and Nevis peaked at 25.6% in 2016 and was at its lowest, 2.9%, in 2020.

That places Saint Kitts and Nevis 117th out of 152 countries with data for 2020, putting it in the bottom quarter.

The long-run direction has been consistently rising across the 24 years of available data.

Share of government spending going to interest payments in Saint Kitts and Nevis, year by year

Annual values for Share of government spending going to interest payments in Saint Kitts and Nevis, 1990 to 2020.
Year % of expense Change
1990 12.2%
1991 13.7% +11.7%
1992 12.8% -6.3%
1993 10.7% -16.6%
1994 8.4% -21.7%
2000 14.4% +72.5%
2001 17.1% +18.2%
2002 9.6% -44.0%
2003 10.2% +7.0%
2004 9.6% -6.4%
2005 11.6% +21.5%
2006 12.1% +4.3%
2007 12.0% -1.4%
2008 23.9% +100.2%
2009 22.6% -5.6%
2010 24.7% +9.4%
2011 21.1% -14.5%
2012 21.3% +1.0%
2013 14.5% -32.3%
2014 12.5% -13.3%
2015 7.4% -40.9%
2016 25.6% +245.9%
2017 6.2% -75.7%
2020 2.9% -52.8%

Averages by decade

DecadeAverage LowestHighest Years
1990s 11.6% 8.4% 13.7% 5
2000s 14.3% 9.6% 23.9% 10
2010s 16.7% 6.2% 25.6% 8
2020s 2.9% 2.9% 2.9% 1

Countries ranked near Saint Kitts and Nevis

  1. 114 New Zealand 3.0% compare
  2. 115 Vanuatu 3.0% compare
  3. 116 Uzbekistan 2.9% compare
  4. 118 Slovenia 2.8% compare
  5. 119 Slovakia 2.7% compare
  6. 120 Austria 2.5% compare

See the full ranking of 152 places →

More reference data data for Saint Kitts and Nevis

All data for Saint Kitts and Nevis →

Frequently asked questions

What is share of government spending going to interest payments in Saint Kitts and Nevis?
Share of government spending going to interest payments in Saint Kitts and Nevis was 2.9% in 2020, according to International Monetary Fund (IMF) Government Finance Statistics, via World Bank (2026) – processed by Our World in Data.
What is the highest share of government spending going to interest payments recorded in Saint Kitts and Nevis?
The highest recorded value was 25.6% in 2016.
What is the lowest share of government spending going to interest payments recorded in Saint Kitts and Nevis?
The lowest recorded value was 2.9% in 2020.
How does Saint Kitts and Nevis rank for share of government spending going to interest payments?
Saint Kitts and Nevis ranks 117th out of 152 countries with data for 2020.
Is share of government spending going to interest payments rising or falling in Saint Kitts and Nevis?
Over the last ten years it is down 88.1%. The long-run trend across the full record is rising.
Where does this Saint Kitts and Nevis data come from?
The figures come from International Monetary Fund (IMF) Government Finance Statistics, via World Bank (2026) – processed by Our World in Data, published as part of Share of government spending going to interest payments. Statizoid updates them automatically from the source API.

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Share of government spending going to interest payments in Saint Kitts and Nevis. Statizoid, drawing on International Monetary Fund (IMF) Government Finance Statistics, via World Bank (2026) – processed by Our World in Data. Retrieved 30 August 2026, from https://reference.statizoid.com/stat/share-of-government-expenditure-going-to-interest-payments/st-kitts-and-nevis/

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About this data

Indicator
Share of government spending going to interest payments
Unit
% of expense
Source
International Monetary Fund (IMF) Government Finance Statistics, via World Bank (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
152 places, 4,278 data points, 1972–2024
Last refreshed

Interest expenditures on government debt, as share of total central government expenditures. Interest expenditures on government debt include payments on long-term bonds, long-term loans, and other debt instruments.