Interest payments in Africa Eastern and Southern
Africa Eastern and Southern: Interest payments was 10.0% in 2022. ▲ Rising
Interest payments in Africa Eastern and Southern, 2009–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
The most recent figure for interest payments in Africa Eastern and Southern is 10.0%, measured in 2022. That is the highest value across all 14 years on record.
The figure is up 23.2% on the previous year and up 98.1% over ten years.
Over the whole period, interest payments in Africa Eastern and Southern peaked at 10.0% in 2022 and was at its lowest, 3.9%, in 2011.
Africa Eastern and Southern ranks 16th of 39 groups on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 14 years of available data.
Interest payments in Africa Eastern and Southern, year by year
| Year | % of expense | Change |
|---|---|---|
| 2009 | 5.8% | — |
| 2010 | 5.2% | -9.8% |
| 2011 | 3.9% | -26.1% |
| 2012 | 5.1% | +31.0% |
| 2013 | 4.5% | -11.9% |
| 2014 | 4.8% | +7.1% |
| 2015 | 6.5% | +36.8% |
| 2016 | 7.8% | +19.6% |
| 2017 | 7.5% | -4.0% |
| 2018 | 9.7% | +29.1% |
| 2019 | 9.5% | -2.2% |
| 2020 | 7.7% | -19.2% |
| 2021 | 8.1% | +6.3% |
| 2022 | 10.0% | +23.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.8% | 5.8% | 5.8% | 1 |
| 2010s | 6.4% | 3.9% | 9.7% | 10 |
| 2020s | 8.6% | 7.7% | 10.0% | 3 |
Countries ranked near Africa Eastern and Southern
- 13 Seychelles 19.7%
- 14 Uganda 19.5% compare
- 15 Bahrain 18.9% compare
- 16 Bahamas 18.4% compare
- 17 Dominican Republic 17.5% compare
- 18 Lao People's Democratic Republic 17.0% compare
- 19 Costa Rica 16.7% compare
More public sector data for Africa Eastern and Southern
- Arms imports 166.00 million SIPRI trend indicator values (2023)
- Arms imports (SIPRI trend indicator values), per capita 0.2212 SIPRI trend indicator values per person (2023)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0001 SIPRI trend indicator values per US$ of GDP (2023)
- Arms imports (SIPRI trend indicator values), annual growth rate -35.66 % change on previous year (2023)
- Arms imports (SIPRI trend indicator values), gaps filled 166.00 million SIPRI trend indicator values (2023)
- Military expenditure (current USD), per capita 17.76 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0109 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate -0.536 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 13.66 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 11.17 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is interest payments in Africa Eastern and Southern?
- Interest payments in Africa Eastern and Southern was 10.0% in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest interest payments recorded in Africa Eastern and Southern?
- The highest recorded value was 10.0% in 2022.
- What is the lowest interest payments recorded in Africa Eastern and Southern?
- The lowest recorded value was 3.9% in 2011.
- How does Africa Eastern and Southern rank for interest payments?
- Africa Eastern and Southern ranks 16th out of 39 groups with data for 2022.
- Is interest payments rising or falling in Africa Eastern and Southern?
- Over the last ten years it is up 98.1%. The long-run trend across the full record is rising.
- Where does this Africa Eastern and Southern data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Interest payments (% of expense). 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 as percentage of total expenses which is any decrease in net worth resulting from a transaction.