Interest payments in Samoa
Samoa: Interest payments was 12.67 million current LCU in 2023. ▼ Falling
Interest payments in Samoa, 2012–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2023, interest payments in Samoa stood at 12.67 million current LCU.
That represents a change of up 19.6% on the previous year and down 17.9% over ten years.
Over the whole period, interest payments in Samoa peaked at 18.59 million current LCU in 2016 and was at its lowest, 6.69 million current LCU, in 2021.
That places Samoa 148th out of 155 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 12 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 16.64 million current LCU | 14.34 million current LCU | 18.59 million current LCU | 8 |
| 2020s | 11.45 million current LCU | 6.69 million current LCU | 15.84 million current LCU | 4 |
Countries ranked near Samoa
More public sector data for Samoa
- Tax revenue 24.0% (2023)
- Taxes on income, profits and capital gains 13.8% (2023)
- Taxes on goods and services 45.1% (2023)
- Net investment in nonfinancial assets 4.6% (2023)
- Net lending (+) / net borrowing (-) 4.4% (2023)
- Interest payments 1.2% (2023)
- Grants and other revenue 31.5% (2023)
- Interest payments 1.7% (2023)
- Other taxes 0.0% (2023)
- Compensation of employees 46.1% (2023)
Frequently asked questions
- What is interest payments in Samoa?
- Interest payments in Samoa was 12.67 million current LCU in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest interest payments recorded in Samoa?
- The highest recorded value was 18.59 million current LCU in 2016.
- What is the lowest interest payments recorded in Samoa?
- The lowest recorded value was 6.69 million current LCU in 2021.
- How does Samoa rank for interest payments?
- Samoa ranks 148th out of 155 countries with data for 2023.
- Is interest payments rising or falling in Samoa?
- Over the last ten years it is down 17.9%. The long-run trend across the full record is falling.
- Where does this Samoa data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Interest payments (current LCU). Statizoid updates them automatically from the source API.
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About this data
Interest payments include interest payments on government debt (including long-term bonds, long-term loans, and other debt instruments) to domestic and foreign residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.