Interest payments in Central Europe and the Baltics
Central Europe and the Baltics: Interest payments was 1.9% in 2023. ▼ Falling
Interest payments in Central Europe and the Baltics, 1993–2023
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 Central Europe and the Baltics is 1.9%, measured in 2023. That is the lowest value across all 31 years on record.
That represents a change of down 30.3% on the previous year and down 61.3% over ten years.
Over the whole period, interest payments in Central Europe and the Baltics peaked at 7.6% in 2001 and was at its lowest, 1.9%, in 2023.
Central Europe and the Baltics ranks 41st of 41 groups on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 31 years of available data.
Interest payments in Central Europe and the Baltics, year by year
| Year | % of expense | Change |
|---|---|---|
| 1993 | 3.2% | — |
| 1994 | 3.8% | +16.4% |
| 1995 | 5.5% | +47.2% |
| 1996 | 4.2% | -24.5% |
| 1997 | 5.4% | +30.3% |
| 1998 | 5.8% | +6.7% |
| 1999 | 6.9% | +19.6% |
| 2000 | 7.5% | +7.9% |
| 2001 | 7.6% | +2.0% |
| 2002 | 4.9% | -35.9% |
| 2003 | 4.4% | -10.7% |
| 2004 | 4.6% | +6.4% |
| 2005 | 3.9% | -15.8% |
| 2006 | 3.3% | -16.5% |
| 2007 | 3.1% | -5.9% |
| 2008 | 2.6% | -14.7% |
| 2009 | 3.4% | +30.9% |
| 2010 | 4.2% | +23.4% |
| 2011 | 5.0% | +17.9% |
| 2012 | 5.2% | +5.1% |
| 2013 | 4.8% | -8.6% |
| 2014 | 4.9% | +2.2% |
| 2015 | 4.4% | -10.1% |
| 2016 | 4.2% | -4.0% |
| 2017 | 4.0% | -6.3% |
| 2018 | 3.3% | -15.8% |
| 2019 | 3.3% | -0.7% |
| 2020 | 2.9% | -11.4% |
| 2021 | 2.6% | -10.9% |
| 2022 | 2.7% | +1.8% |
| 2023 | 1.9% | -30.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5.0% | 3.2% | 6.9% | 7 |
| 2000s | 4.5% | 2.6% | 7.6% | 10 |
| 2010s | 4.3% | 3.3% | 5.2% | 10 |
| 2020s | 2.5% | 1.9% | 2.9% | 4 |
Countries ranked near Central Europe and the Baltics
- 38 United States of America 12.9% compare
- 39 Armenia 12.7% compare
- 40 Tanzania, United Republic of 12.6% compare
- 41 Papua New Guinea 12.3% compare
- 42 Guatemala 12.0% compare
- 43 Burkina Faso 11.9% compare
- 44 Congo 11.5% compare
More public sector data for Central Europe and the Baltics
- Arms imports 2.91 billion SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 29.09 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0012 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 21.6 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 2.91 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 711.87 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0289 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 34.86 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 71.23 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 2,166 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is interest payments in Central Europe and the Baltics?
- Interest payments in Central Europe and the Baltics was 1.9% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest interest payments recorded in Central Europe and the Baltics?
- The highest recorded value was 7.6% in 2001.
- What is the lowest interest payments recorded in Central Europe and the Baltics?
- The lowest recorded value was 1.9% in 2023.
- How does Central Europe and the Baltics rank for interest payments?
- Central Europe and the Baltics ranks 41st out of 41 groups with data for 2023.
- Is interest payments rising or falling in Central Europe and the Baltics?
- Over the last ten years it is down 61.3%. The long-run trend across the full record is falling.
- Where does this Central Europe and the Baltics 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.