Interest payments in Caribbean Small States
Caribbean Small States: Interest payments was 9.6% in 2019. ▼ Falling
Interest payments in Caribbean Small States, 2001–2019
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
In 2019, interest payments in Caribbean Small States stood at 9.6%.
Compared with earlier readings it is up 1.5% on the previous year and up 9.6% over ten years.
Over the whole period, interest payments in Caribbean Small States peaked at 18.2% in 2001 and was at its lowest, 5.2%, in 2013.
That places Caribbean Small States 18th out of 39 groups with data for 2019, putting it in the middle of the range.
The long-run direction has been consistently falling across the 19 years of available data.
Interest payments in Caribbean Small States, year by year
| Year | % of expense | Change |
|---|---|---|
| 2001 | 18.2% | — |
| 2002 | 17.2% | -5.3% |
| 2003 | 16.5% | -4.1% |
| 2004 | 12.7% | -23.1% |
| 2005 | 11.1% | -12.0% |
| 2006 | 7.2% | -35.7% |
| 2007 | 8.0% | +12.1% |
| 2008 | 6.4% | -20.3% |
| 2009 | 8.7% | +36.5% |
| 2010 | 7.6% | -13.2% |
| 2011 | 6.4% | -15.2% |
| 2012 | 5.9% | -8.3% |
| 2013 | 5.2% | -12.1% |
| 2014 | 5.3% | +2.5% |
| 2015 | 6.0% | +12.6% |
| 2016 | 9.6% | +60.0% |
| 2017 | 7.0% | -26.4% |
| 2018 | 9.4% | +34.0% |
| 2019 | 9.6% | +1.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 11.8% | 6.4% | 18.2% | 9 |
| 2010s | 7.2% | 5.2% | 9.6% | 10 |
Countries ranked near Caribbean Small States
More public sector data for Caribbean Small States
- Tax revenue 17.7% (2017)
- Taxes on income, profits and capital gains 26.1% (2019)
- Taxes on goods and services 20.8% (2019)
- Net investment in nonfinancial assets 2.4% (2017)
- Net lending (+) / net borrowing (-) -5.5% (2017)
- Interest payments 13.2% (2019)
- Grants and other revenue 18.7% (2019)
- Other taxes 16.1% (2019)
- Compensation of employees 32.1% (2019)
- Goods and services expense 22.1% (2019)
Frequently asked questions
- What is interest payments in Caribbean Small States?
- Interest payments in Caribbean Small States was 9.6% in 2019, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest interest payments recorded in Caribbean Small States?
- The highest recorded value was 18.2% in 2001.
- What is the lowest interest payments recorded in Caribbean Small States?
- The lowest recorded value was 5.2% in 2013.
- How does Caribbean Small States rank for interest payments?
- Caribbean Small States ranks 18th out of 39 groups with data for 2019.
- Is interest payments rising or falling in Caribbean Small States?
- Over the last ten years it is up 9.6%. The long-run trend across the full record is falling.
- Where does this Caribbean Small States 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.
Download this data
CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.