Government Interest Burden — Net Interest as a Share of Revenue
🇪🇬 Egypt spends the largest share of its revenue on net interest of any government ranked here: about 60.9% in 2025, on the IMF's figures. Net interest is what a government owes in interest minus what it receives; the table sets it against revenue, because that is what has to pay it.
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11 of the 125 governments ranked spend at least a quarter of their revenue on net interest, and 45 spend at least a tenth. A high debt ratio does not by itself mean a heavy bill: Japan owes 205% of GDP and ranks 123rd at 0.5%, while Nigeria owes 36% and ranks 11th at 25.1%. Interest rates, the currency the debt is in and the assets a government holds all sit between the two. The United States ranks 43rd at 10.4%.
No single measure settles it: Egypt leads this table, but among all 135 governments tracked here it ranks 30th by debt-to-GDP, 31st by total debt and 93rd by debt per person.
| # | Country | Net interest, % of revenue | % of GDP | Debt/GDP | |
|---|---|---|---|---|---|
| 1 | 🇪🇬 | Egypt | 60.9% | 9.8% | 87% |
| 2 | 🇵🇰 | Pakistan | 49.2% | 7.8% | 73% |
| 3 | 🇱🇰 | Sri Lanka | 45.6% | 7.6% | 97% |
| 4 | 🇧🇭 | Bahrain | 44.4% | 6.7% | 144% |
| 5 | 🇾🇪 | Yemen | 35.8% | 4.8% | 135% |
| 6 | 🇰🇪 | Kenya | 31.2% | 5.5% | 71% |
| 7 | 🇨🇷 | Costa Rica | 29.8% | 4.3% | 60% |
| 8 | 🇧🇩 | Bangladesh | 28.4% | 2.3% | 42% |
| 9 | 🇺🇬 | Uganda | 26.8% | 4.0% | 53% |
| 10 | 🇿🇲 | Zambia | 26.6% | 6.9% | 101% |
| 11 | 🇳🇬 | Nigeria | 25.1% | 2.6% | 36% |
| 12 | 🇦🇴 | Angola | 24.9% | 3.7% | 53% |
| 13 | 🇮🇳 | India | 24.6% | 5.1% | 84% |
| 14 | 🇲🇽 | Mexico | 24.4% | 6.1% | 62% |
| 15 | 🇸🇳 | Senegal | 24.3% | 5.0% | 128% |
| 16 | 🇬🇭 | Ghana | 22.2% | 3.5% | 49% |
| 17 | 🇩🇴 | Dominican Republic | 21.9% | 3.5% | 59% |
| 18 | 🇮🇷 | Iran | 21.7% | 2.0% | 36% |
| 19 | 🇯🇴 | Jordan | 20.5% | 5.6% | 84% |
| 20 | 🇧🇸 | Bahamas | 19.8% | 4.0% | 69% |
| 21 | 🇿🇦 | South Africa | 19.0% | 5.4% | 78% |
| 22 | 🇧🇷 | Brazil | 18.5% | 7.3% | 93% |
| 23 | 🇲🇿 | Mozambique | 18.0% | 4.6% | 90% |
| 24 | 🇵🇦 | Panama | 17.3% | 3.0% | 57% |
| 25 | 🇸🇻 | El Salvador | 17.2% | 4.8% | 88% |
Ranks 26–50 run from 🇧🇧 Barbados (16.5%) to 🇹🇩 Chad (8.7%).
| # | Country | Net interest, % of revenue | % of GDP | Debt/GDP | |
|---|---|---|---|---|---|
| 26 | 🇧🇧 | Barbados | 16.5% | 4.5% | 97% |
| 27 | 🇮🇩 | Indonesia | 16.3% | 2.2% | 41% |
| 28 | 🇨🇮 | Ivory Coast | 16.3% | 2.8% | 57% |
| 29 | 🇯🇲 | Jamaica | 16.3% | 4.9% | 65% |
| 30 | 🇧🇴 | Bolivia | 15.0% | 2.5% | 83% |
| 31 | 🇵🇬 | Papua New Guinea | 14.5% | 2.5% | 52% |
| 32 | 🇱🇦 | Laos | 14.4% | 3.1% | 89% |
| 33 | 🇳🇪 | Niger | 13.8% | 1.7% | 46% |
| 34 | 🇵🇭 | Philippines | 13.8% | 2.8% | 59% |
| 35 | 🇹🇿 | Tanzania | 13.7% | 2.4% | 50% |
| 36 | 🇹🇹 | Trinidad & Tobago | 13.2% | 3.5% | 84% |
| 37 | 🇹🇳 | Tunisia | 13.0% | 3.8% | 82% |
| 38 | 🇸🇷 | Suriname | 12.9% | 3.8% | 97% |
| 39 | 🇬🇹 | Guatemala | 12.6% | 1.6% | 27% |
| 40 | 🇦🇲 | Armenia | 12.1% | 3.1% | 47% |
| 41 | 🇷🇼 | Rwanda | 11.8% | 2.2% | 65% |
| 42 | 🇲🇲 | Myanmar | 11.7% | 2.4% | 52% |
| 43 | 🇺🇸 | United States | 10.4% | 3.2% | 124% |
| 44 | 🇵🇾 | Paraguay | 10.4% | 1.9% | 38% |
| 45 | 🇲🇾 | Malaysia | 10.0% | 2.0% | 71% |
| 46 | 🇧🇫 | Burkina Faso | 9.5% | 2.2% | 53% |
| 47 | 🇧🇿 | Belize | 9.4% | 2.3% | 67% |
| 48 | 🇹🇷 | Turkey | 8.8% | 2.6% | 24% |
| 49 | 🇲🇦 | Morocco | 8.8% | 2.4% | 67% |
| 50 | 🇹🇩 | Chad | 8.7% | 1.6% | 33% |
Ranks 51–75 run from 🇨🇴 Colombia (8.4%) to 🇰🇿 Kazakhstan (5.2%).
| # | Country | Net interest, % of revenue | % of GDP | Debt/GDP | |
|---|---|---|---|---|---|
| 51 | 🇨🇴 | Colombia | 8.4% | 2.3% | 60% |
| 52 | 🇮🇱 | Israel | 8.2% | 3.1% | 68% |
| 53 | 🇲🇱 | Mali | 8.0% | 1.5% | 40% |
| 54 | 🇷🇴 | Romania | 7.9% | 2.6% | 60% |
| 55 | 🇭🇺 | Hungary | 7.8% | 3.3% | 75% |
| 56 | 🇮🇸 | Iceland | 7.7% | 3.3% | 57% |
| 57 | 🇺🇾 | Uruguay | 7.6% | 2.1% | 66% |
| 58 | 🇮🇹 | Italy | 7.5% | 3.6% | 137% |
| 59 | 🇪🇹 | Ethiopia | 7.4% | 0.8% | 43% |
| 60 | 🇨🇲 | Cameroon | 7.3% | 1.1% | 40% |
| 61 | 🇦🇱 | Albania | 7.2% | 2.1% | 54% |
| 62 | 🇺🇦 | Ukraine | 7.1% | 4.0% | 107% |
| 63 | 🇵🇪 | Peru | 7.1% | 1.4% | 30% |
| 64 | 🇩🇿 | Algeria | 6.9% | 1.8% | 52% |
| 65 | 🇬🇧 | United Kingdom | 6.8% | 2.6% | 102% |
| 66 | 🇸🇩 | Sudan | 6.8% | 0.2% | 204% |
| 67 | 🇬🇷 | Greece | 6.3% | 3.2% | 147% |
| 68 | 🇲🇬 | Madagascar | 6.0% | 0.7% | 48% |
| 69 | 🇲🇰 | North Macedonia | 5.9% | 1.9% | 53% |
| 70 | 🇵🇱 | Poland | 5.8% | 2.5% | 60% |
| 71 | 🇬🇪 | Georgia | 5.8% | 1.6% | 34% |
| 72 | 🇳🇵 | Nepal | 5.6% | 1.1% | 47% |
| 73 | 🇭🇹 | Haiti | 5.6% | 0.3% | 12% |
| 74 | 🇹🇭 | Thailand | 5.5% | 1.1% | 64% |
| 75 | 🇰🇿 | Kazakhstan | 5.2% | 1.0% | 24% |
Ranks 76–100 run from 🇲🇪 Montenegro (4.9%) to 🇨🇾 Cyprus (2.5%).
| # | Country | Net interest, % of revenue | % of GDP | Debt/GDP | |
|---|---|---|---|---|---|
| 76 | 🇲🇪 | Montenegro | 4.9% | 2.0% | 63% |
| 77 | 🇶🇦 | Qatar | 4.9% | 1.3% | 42% |
| 78 | 🇦🇷 | Argentina | 4.8% | 1.5% | 80% |
| 79 | 🇷🇸 | Serbia | 4.4% | 1.8% | 42% |
| 80 | 🇪🇸 | Spain | 4.3% | 1.9% | 101% |
| 81 | 🇲🇳 | Mongolia | 4.2% | 1.5% | 45% |
| 82 | 🇳🇮 | Nicaragua | 4.2% | 1.2% | 35% |
| 83 | 🇫🇷 | France | 4.0% | 2.1% | 116% |
| 84 | 🇵🇹 | Portugal | 4.0% | 1.7% | 90% |
| 85 | 🇻🇳 | Vietnam | 4.0% | 0.8% | 30% |
| 86 | 🇨🇳 | China | 3.8% | 1.0% | 99% |
| 87 | 🇧🇾 | Belarus | 3.8% | 1.6% | 31% |
| 88 | 🇧🇪 | Belgium | 3.6% | 1.8% | 108% |
| 89 | 🇿🇼 | Zimbabwe | 3.6% | 0.5% | 38% |
| 90 | 🇲🇩 | Moldova | 3.5% | 1.3% | 39% |
| 91 | 🇲🇹 | Malta | 3.5% | 1.2% | 46% |
| 92 | 🇱🇧 | Lebanon | 3.5% | 0.7% | 139% |
| 93 | 🇨🇱 | Chile | 3.3% | 0.8% | 42% |
| 94 | 🇪🇨 | Ecuador | 3.2% | 1.1% | 55% |
| 95 | 🇺🇿 | Uzbekistan | 2.8% | 0.7% | 29% |
| 96 | 🇦🇺 | Australia | 2.6% | 0.9% | 52% |
| 97 | 🇦🇹 | Austria | 2.6% | 1.3% | 81% |
| 98 | 🇸🇰 | Slovakia | 2.6% | 1.1% | 61% |
| 99 | 🇦🇪 | UAE | 2.6% | 0.7% | 34% |
| 100 | 🇨🇾 | Cyprus | 2.5% | 1.1% | 55% |
Ranks 101–125 run from 🇳🇿 New Zealand (2.5%) to 🇸🇪 Sweden (0.1%).
| # | Country | Net interest, % of revenue | % of GDP | Debt/GDP | |
|---|---|---|---|---|---|
| 101 | 🇳🇿 | New Zealand | 2.5% | 0.9% | 55% |
| 102 | 🇱🇻 | Latvia | 2.4% | 1.0% | 47% |
| 103 | 🇬🇾 | Guyana | 2.3% | 0.4% | 29% |
| 104 | 🇭🇷 | Croatia | 2.2% | 1.0% | 56% |
| 105 | 🇧🇦 | Bosnia & Herzegovina | 2.2% | 0.9% | 29% |
| 106 | 🇦🇿 | Azerbaijan | 2.1% | 0.8% | 20% |
| 107 | 🇩🇪 | Germany | 1.8% | 0.9% | 63% |
| 108 | 🇸🇮 | Slovenia | 1.8% | 0.8% | 65% |
| 109 | 🇰🇭 | Cambodia | 1.7% | 0.3% | 26% |
| 110 | 🇨🇿 | Czech Republic | 1.6% | 0.7% | 44% |
| 111 | 🇭🇳 | Honduras | 1.6% | 0.4% | 40% |
| 112 | 🇮🇶 | Iraq | 1.4% | 0.5% | 53% |
| 113 | 🇮🇪 | Ireland | 1.2% | 0.3% | 35% |
| 114 | 🇧🇬 | Bulgaria | 1.1% | 0.4% | 30% |
| 115 | 🇰🇷 | South Korea | 0.9% | 0.3% | 52% |
| 116 | 🇸🇦 | Saudi Arabia | 0.9% | 0.2% | 32% |
| 117 | 🇱🇹 | Lithuania | 0.9% | 0.4% | 39% |
| 118 | 🇳🇱 | Netherlands | 0.8% | 0.3% | 45% |
| 119 | 🇸🇴 | Somalia | 0.7% | 0.1% | 9% |
| 120 | 🇷🇺 | Russia | 0.6% | 0.2% | 17% |
| 121 | 🇫🇮 | Finland | 0.6% | 0.3% | 88% |
| 122 | 🇴🇲 | Oman | 0.6% | 0.2% | 35% |
| 123 | 🇯🇵 | Japan | 0.5% | 0.2% | 205% |
| 124 | 🇪🇪 | Estonia | 0.4% | 0.2% | 24% |
| 125 | 🇸🇪 | Sweden | 0.1% | 0.1% | 35% |
Not ranked. Receive at least as much interest as they owe, on the IMF's figures: Canada, Norway, Switzerland, Denmark, Luxembourg. No usable figure: Kuwait, Syria, Libya, Taiwan, Singapore; each country's page says why.
IMF World Economic Outlook, October 2026, general government, 2025, mostly IMF estimates. Net interest is the primary balance minus the overall balance; revenue is general government revenue. A government in default or arrears can show a low figure that understates what it owes. Source data: fiscal.json.
Top 10 highlighted. Excludes the World and EU aggregates (EU aggregate figures are available on the EU page).
Other rankings
See methodology, the world debt map, insights, and press resources.
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