Interest payments in East Asia & Pacific
East Asia & Pacific: Interest payments was 3.5% in 2022. ▼ Falling
Interest payments in East Asia & Pacific, 2002–2022
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 East Asia & Pacific is 3.5%, measured in 2022. That is the lowest value across all 17 years on record.
Compared with earlier readings it is down 15.4% on the previous year and down 33.6% over ten years.
Over the whole period, interest payments in East Asia & Pacific peaked at 8.4% in 2018 and was at its lowest, 3.5%, in 2022.
That places East Asia & Pacific 34th out of 39 groups with data for 2022, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 17 years of available data.
Interest payments in East Asia & Pacific, year by year
| Year | % of expense | Change |
|---|---|---|
| 2002 | 6.0% | — |
| 2003 | 5.0% | -15.4% |
| 2008 | 5.4% | +7.6% |
| 2009 | 4.6% | -15.0% |
| 2010 | 4.7% | +1.4% |
| 2011 | 3.8% | -18.9% |
| 2012 | 5.2% | +37.6% |
| 2013 | 5.6% | +7.8% |
| 2014 | 5.6% | -0.4% |
| 2015 | 5.3% | -4.8% |
| 2016 | 6.3% | +17.6% |
| 2017 | 5.3% | -16.0% |
| 2018 | 8.4% | +59.9% |
| 2019 | 5.4% | -36.5% |
| 2020 | 3.9% | -26.3% |
| 2021 | 4.1% | +3.9% |
| 2022 | 3.5% | -15.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.3% | 4.6% | 6.0% | 4 |
| 2010s | 5.6% | 3.8% | 8.4% | 10 |
| 2020s | 3.8% | 3.5% | 4.1% | 3 |
Countries ranked near East Asia & Pacific
- 31 South Africa 14.3% compare
- 32 Côte d'Ivoire 14.1% compare
- 33 Namibia 14.1% compare
- 34 El Salvador 14.1% compare
- 35 Panama 13.4% compare
- 36 Senegal 13.2% compare
- 37 Colombia 13.2% compare
More public sector data for East Asia & Pacific
- Arms imports 4.69 billion SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 1.96 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0001 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 12.28 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 4.69 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 217.12 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0161 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 6.09 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 518.54 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 170.8 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is interest payments in East Asia & Pacific?
- Interest payments in East Asia & Pacific was 3.5% in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest interest payments recorded in East Asia & Pacific?
- The highest recorded value was 8.4% in 2018.
- What is the lowest interest payments recorded in East Asia & Pacific?
- The lowest recorded value was 3.5% in 2022.
- How does East Asia & Pacific rank for interest payments?
- East Asia & Pacific ranks 34th out of 39 groups with data for 2022.
- Is interest payments rising or falling in East Asia & Pacific?
- Over the last ten years it is down 33.6%. The long-run trend across the full record is falling.
- Where does this East Asia & Pacific 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.