Share of government spending going to interest payments in Saint Vincent and the Grenadines

Saint Vincent and the Grenadines: Share of government spending going to interest payments was 8.8% in 2017. ▼ Falling

Latest (2017)
8.8%
Change on year
up 6.3%
World rank
60th
of 152 countries
All-time high
12.2%
in 2006
All-time low
8.3%
in 2016
Years of data
18
2000–2017

Share of government spending going to interest payments in Saint Vincent and the Grenadines, 2000–2017

02.557.51012.52000200820172000: 10.3 % of expense2001: 9.5 % of expense2002: 9.6 % of expense2003: 10.2 % of expense2004: 9.6 % of expense2005: 11.4 % of expense2006: 12.2 % of expense2007: 12 % of expense2008: 10.9 % of expense2009: 10.9 % of expense2010: 11.1 % of expense2011: 9.3 % of expense2012: 9.1 % of expense2013: 9.8 % of expense2014: 9 % of expense2015: 8.7 % of expense2016: 8.3 % of expense2017: 8.8 % 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

Saint Vincent and the Grenadines recorded 8.8% for share of government spending going to interest payments in 2017.

Compared with earlier readings it is up 6.3% on the previous year and down 26.2% over ten years.

Over the whole period, share of government spending going to interest payments in Saint Vincent and the Grenadines peaked at 12.2% in 2006 and was at its lowest, 8.3%, in 2016.

That places Saint Vincent and the Grenadines 60th out of 152 countries with data for 2017, putting it in the middle of the range.

The long-run direction has been consistently falling across the 18 years of available data.

Share of government spending going to interest payments in Saint Vincent and the Grenadines, year by year

Annual values for Share of government spending going to interest payments in Saint Vincent and the Grenadines, 2000 to 2017.
Year % of expense Change
2000 10.3%
2001 9.5% -7.3%
2002 9.6% +0.3%
2003 10.2% +7.0%
2004 9.6% -6.4%
2005 11.4% +19.1%
2006 12.2% +6.7%
2007 12.0% -1.7%
2008 10.9% -9.2%
2009 10.9% +0.1%
2010 11.1% +2.0%
2011 9.3% -16.0%
2012 9.1% -2.4%
2013 9.8% +7.4%
2014 9.0% -8.0%
2015 8.7% -2.6%
2016 8.3% -5.0%
2017 8.8% +6.3%

Averages by decade

DecadeAverage LowestHighest Years
2000s 10.6% 9.5% 12.2% 10
2010s 9.3% 8.3% 11.1% 8

Countries ranked near Saint Vincent and the Grenadines

  1. 57 Nicaragua 9.2% compare
  2. 58 Ethiopia 9.0% compare
  3. 59 Maldives 8.8% compare
  4. 61 Cape Verde 8.8% compare
  5. 62 Paraguay 8.8% compare
  6. 63 Kazakhstan 8.7% compare

See the full ranking of 152 places →

More reference data data for Saint Vincent and the Grenadines

All data for Saint Vincent and the Grenadines →

Frequently asked questions

What is share of government spending going to interest payments in Saint Vincent and the Grenadines?
Share of government spending going to interest payments in Saint Vincent and the Grenadines was 8.8% in 2017, 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 Vincent and the Grenadines?
The highest recorded value was 12.2% in 2006.
What is the lowest share of government spending going to interest payments recorded in Saint Vincent and the Grenadines?
The lowest recorded value was 8.3% in 2016.
How does Saint Vincent and the Grenadines rank for share of government spending going to interest payments?
Saint Vincent and the Grenadines ranks 60th out of 152 countries with data for 2017.
Is share of government spending going to interest payments rising or falling in Saint Vincent and the Grenadines?
Over the last ten years it is down 26.2%. The long-run trend across the full record is falling.
Where does this Saint Vincent and the Grenadines 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 Vincent and the Grenadines. Statizoid, drawing on International Monetary Fund (IMF) Government Finance Statistics, via World Bank (2026) – processed by Our World in Data. Retrieved 31 August 2026, from https://reference.statizoid.com/stat/share-of-government-expenditure-going-to-interest-payments/st-vincent-and-the-grenadines/

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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.