Interest, payable, Ratio of this level of government's … total in United Kingdom
United Kingdom: Interest, payable, Ratio of this level of government's … total was 1.03 in 2020. ▲ Rising
Interest, payable, Ratio of this level of government's expenditure on in United Kingdom, 1972–2020
Source: International Monetary Fund.
Analysis
The most recent figure for interest, payable, ratio of this level of government's expenditure on in United Kingdom is 1.03, measured in 2020. That is the highest value across all 49 years on record.
Compared with earlier readings it is up 0.6% on the previous year and up 1.5% over ten years.
Over the whole period, interest, payable, ratio of this level of government's expenditure on in United Kingdom peaked at 1.03 in 2020 and was at its lowest, 0.5658, in 1974.
United Kingdom ranks 8th of 80 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 49 years of available data.
Interest, payable, Ratio of this level of government's … total in United Kingdom, year by year
| Year | Value | Change |
|---|---|---|
| 1972 | 0.6025 | — |
| 1973 | 0.5941 | -1.4% |
| 1974 | 0.5658 | -4.8% |
| 1975 | 0.6047 | +6.9% |
| 1976 | 0.612 | +1.2% |
| 1977 | 0.6188 | +1.1% |
| 1978 | 0.6724 | +8.7% |
| 1979 | 0.6838 | +1.7% |
| 1980 | 0.6906 | +1.0% |
| 1981 | 0.7073 | +2.4% |
| 1982 | 0.7182 | +1.5% |
| 1983 | 0.7518 | +4.7% |
| 1984 | 0.7688 | +2.3% |
| 1985 | 0.768 | -0.1% |
| 1986 | 0.782 | +1.8% |
| 1987 | 0.7852 | +0.4% |
| 1988 | 0.7829 | -0.3% |
| 1989 | 0.7687 | -1.8% |
| 1990 | 0.7636 | -0.7% |
| 1991 | 0.7499 | -1.8% |
| 1992 | 0.7663 | +2.2% |
| 1993 | 0.804 | +4.9% |
| 1994 | 0.8307 | +3.3% |
| 1995 | 0.9787 | +17.8% |
| 1996 | 0.9784 | -0.0% |
| 1997 | 0.9901 | +1.2% |
| 1998 | 0.9883 | -0.2% |
| 1999 | 0.9925 | +0.4% |
| 2000 | 0.9939 | +0.1% |
| 2001 | 0.998 | +0.4% |
| 2002 | 1.01 | +0.8% |
| 2003 | 1.01 | +0.5% |
| 2004 | 1.01 | -0.2% |
| 2005 | 1.01 | -0.0% |
| 2006 | 1.02 | +0.6% |
| 2007 | 1.02 | +0.2% |
| 2008 | 1.02 | +0.2% |
| 2009 | 1.03 | +0.5% |
| 2010 | 1.02 | -0.8% |
| 2011 | 1.02 | +0.2% |
| 2012 | 1.02 | +0.2% |
| 2013 | 1.02 | +0.3% |
| 2014 | 1.03 | +0.2% |
| 2015 | 1.03 | +0.2% |
| 2016 | 1.02 | -0.5% |
| 2017 | 1.02 | -0.1% |
| 2018 | 1.03 | +0.6% |
| 2019 | 1.03 | -0.2% |
| 2020 | 1.03 | +0.6% |
United Kingdom compared with similar countries
- United Kingdom's 1.03 is above the median for high income countries, which is 0.9354, 1.1× the median. (42 countries reporting)
- United Kingdom's 1.03 is above the median for Europe & Central Asia, which is 0.966, 1.1× the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.6193 | 0.5658 | 0.6838 | 8 |
| 1980s | 0.7524 | 0.6906 | 0.7852 | 10 |
| 1990s | 0.8843 | 0.7499 | 0.9925 | 10 |
| 2000s | 1.01 | 0.9939 | 1.03 | 10 |
| 2010s | 1.02 | 1.02 | 1.03 | 10 |
| 2020s | 1.03 | 1.03 | 1.03 | 1 |
Countries ranked near United Kingdom
More public sector data for United Kingdom
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Arms imports 609.00 million SIPRI trend indicator values (2025)
- Arms imports (SIPRI trend indicator values), per capita 9.28 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0002 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 36.23 % change on previous year (2024)
Frequently asked questions
- What is interest, payable, ratio of this level of government's expenditure on in United Kingdom?
- Interest, payable, ratio of this level of government's expenditure on in United Kingdom was 1.03 in 2020, according to International Monetary Fund.
- What is the highest interest, payable, ratio of this level of government's expenditure on recorded in United Kingdom?
- The highest recorded value was 1.03 in 2020.
- What is the lowest interest, payable, ratio of this level of government's expenditure on recorded in United Kingdom?
- The lowest recorded value was 0.5658 in 1974.
- How does United Kingdom rank for interest, payable, ratio of this level of government's expenditure on?
- United Kingdom ranks 8th out of 80 countries with data for 2020.
- Is interest, payable, ratio of this level of government's expenditure on rising or falling in United Kingdom?
- Over the last ten years it is up 1.5%. The long-run trend across the full record is rising.
- Where does this United Kingdom data come from?
- The figures come from International Monetary Fund, published as part of Interest, payable, Ratio of this level of government's expenditure on this item to total general government expenditure on this, Percent (Central government). Statizoid updates them automatically from the source API.
Download this data
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About this data
The Fiscal Decentralization dataset includes fiscal decentralization indicators for a sample of IMF member countries. The following indicators are included in the dataset: Revenue and Expenditure Decentralization Shares; Transfer dependency and Vertical Fiscal Imbalances; Deficit and Debt; Allocation of expenditure (economic classification); Allocation of expenditure (functional classification); Allocation of non-Tax Revenues; and Allocation of Taxes.