Interest payments in Congo
Congo: Interest payments was 11.5% in 2021. ◆ Volatile
Interest payments in Congo, 2001–2021
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
In 2021, interest payments in Congo stood at 11.5%.
That represents a change of up 26.2% on the previous year and up 707.3% over ten years.
Over the whole period, interest payments in Congo peaked at 34.5% in 2001 and was at its lowest, 1.2%, in 2012.
Congo ranks 44th of 152 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Interest payments in Congo, year by year
| Year | % of expense | Change |
|---|---|---|
| 2001 | 34.5% | — |
| 2002 | 31.5% | -8.6% |
| 2003 | 29.7% | -5.9% |
| 2004 | 4.8% | -83.9% |
| 2005 | 11.5% | +139.7% |
| 2006 | 26.8% | +133.2% |
| 2007 | 14.4% | -46.4% |
| 2008 | 23.0% | +60.5% |
| 2009 | 7.7% | -66.8% |
| 2010 | 8.0% | +4.4% |
| 2011 | 1.4% | -82.1% |
| 2012 | 1.2% | -13.4% |
| 2013 | 1.9% | +51.9% |
| 2014 | 1.3% | -29.2% |
| 2015 | 2.6% | +93.9% |
| 2016 | 3.0% | +17.4% |
| 2017 | 8.6% | +182.9% |
| 2018 | 12.4% | +44.7% |
| 2019 | 18.2% | +47.0% |
| 2020 | 9.1% | -49.9% |
| 2021 | 11.5% | +26.2% |
Congo compared with similar countries
- Congo's 11.5% is above the median for lower middle income countries, which is 10.0%, 1.2× the median. (36 countries reporting)
- Congo's 11.5% is above the median for Sub-Saharan Africa, which is 11.3%, 1.0× the median. (35 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 20.4% | 4.8% | 34.5% | 9 |
| 2010s | 5.9% | 1.2% | 18.2% | 10 |
| 2020s | 10.3% | 9.1% | 11.5% | 2 |
Countries ranked near Congo
- 41 Papua New Guinea 12.3% compare
- 42 Guatemala 12.0% compare
- 43 Burkina Faso 11.9% compare
- 45 Mozambique 11.3% compare
- 46 Turkey 11.0% compare
- 47 Indonesia 10.9% compare
More public sector data for Congo
- Democracy, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Democracy 3 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is interest payments in Congo?
- Interest payments in Congo was 11.5% in 2021, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest interest payments recorded in Congo?
- The highest recorded value was 34.5% in 2001.
- What is the lowest interest payments recorded in Congo?
- The lowest recorded value was 1.2% in 2012.
- How does Congo rank for interest payments?
- Congo ranks 44th out of 152 countries with data for 2021.
- Is interest payments rising or falling in Congo?
- Over the last ten years it is up 707.3%. The long-run trend across the full record is volatile.
- Where does this Congo 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.