Interest, payable, Ratio of this level of government's … total in United States

United States: Interest, payable, Ratio of this level of government's … total was 0.6405 in 2020. ▼ Falling

Latest (2020)
0.6405
Change on year
down 1.8%
World rank
74th
of 80 countries
All-time high
0.8107
in 1996
All-time low
0.5696
in 2009
Years of data
32
1989–2020

Interest, payable, Ratio of this level of government's expenditure on in United States, 1989–2020

00.20.40.60.81989200420201989: 0.7951990: 0.7981991: 0.8071992: 0.7971993: 0.7931994: 0.7961995: 0.8041996: 0.8111997: 0.8031998: 0.7971999: 0.7822000: 0.772001: 0.722002: 0.6662003: 0.6132004: 0.6362005: 0.662006: 0.6632007: 0.6792008: 0.6552009: 0.572010: 0.5872011: 0.6142012: 0.5992013: 0.6052014: 0.6242015: 0.6122016: 0.6132017: 0.6182018: 0.6512019: 0.6522020: 0.64

Source: International Monetary Fund.

Analysis

United States recorded 0.6405 for interest, payable, ratio of this level of government's expenditure on in 2020.

That represents a change of down 1.8% on the previous year and up 9.0% over ten years.

Over the whole period, interest, payable, ratio of this level of government's expenditure on in United States peaked at 0.8107 in 1996 and was at its lowest, 0.5696, in 2009.

United States ranks 74th of 80 countries on this measure, in the bottom quarter.

The long-run direction has been consistently falling across the 32 years of available data.

Interest, payable, Ratio of this level of government's … total in United States, year by year

Annual values for Interest, payable, Ratio of this level of government's expenditure on this item to total general government expenditure on this, Percent (Central government) in United States, 1989 to 2020.
Year Value Change
1989 0.7952 —
1990 0.7979 +0.3%
1991 0.8074 +1.2%
1992 0.7967 -1.3%
1993 0.7934 -0.4%
1994 0.7959 +0.3%
1995 0.8043 +1.1%
1996 0.8107 +0.8%
1997 0.803 -1.0%
1998 0.7968 -0.8%
1999 0.7817 -1.9%
2000 0.7697 -1.5%
2001 0.7198 -6.5%
2002 0.6657 -7.5%
2003 0.6129 -7.9%
2004 0.6362 +3.8%
2005 0.6598 +3.7%
2006 0.663 +0.5%
2007 0.6792 +2.4%
2008 0.6549 -3.6%
2009 0.5696 -13.0%
2010 0.5874 +3.1%
2011 0.6145 +4.6%
2012 0.5992 -2.5%
2013 0.6045 +0.9%
2014 0.6237 +3.2%
2015 0.6123 -1.8%
2016 0.6133 +0.2%
2017 0.6176 +0.7%
2018 0.6506 +5.3%
2019 0.6523 +0.3%
2020 0.6405 -1.8%

United States compared with similar countries

  • United States's 0.6405 is below the median for high income countries, which is 0.9354, 68% of the median. (42 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1980s 0.7952 0.7952 0.7952 1
1990s 0.7988 0.7817 0.8107 10
2000s 0.6631 0.5696 0.7697 10
2010s 0.6176 0.5874 0.6523 10
2020s 0.6405 0.6405 0.6405 1

Countries ranked near United States

  1. 71 Estonia 0.7477 compare
  2. 72 Sweden 0.7447 compare
  3. 73 Australia 0.6951 compare
  4. 75 China 0.5654 compare
  5. 76 Germany 0.4889 compare
  6. 77 Norway 0.4811 compare

See the full ranking of 80 places →

More public sector data for United States

All data for United States →

Frequently asked questions

What is interest, payable, ratio of this level of government's expenditure on in United States?
Interest, payable, ratio of this level of government's expenditure on in United States was 0.6405 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 States?
The highest recorded value was 0.8107 in 1996.
What is the lowest interest, payable, ratio of this level of government's expenditure on recorded in United States?
The lowest recorded value was 0.5696 in 2009.
How does United States rank for interest, payable, ratio of this level of government's expenditure on?
United States ranks 74th 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 States?
Over the last ten years it is up 9.0%. The long-run trend across the full record is falling.
Where does this United States 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.

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Interest, payable, Ratio of this level of government's expenditure on in United States. Statizoid, drawing on International Monetary Fund. Retrieved 08 November 2026, from https://public-sector.statizoid.com/stat/interest-payable-ratio-of-this-level-of-government-s-expenditure-on-this-item-to-total/united-states/

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About this data

Indicator
Interest, payable, Ratio of this level of government's expenditure on this item to total general government expenditure on this, Percent (Central government)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
80 places, 1,616 data points, 1972–2020
Last refreshed

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.