Interest payments in Europe & Central Asia (excluding high income)
Europe & Central Asia (excluding high income): Interest payments was 5.8% in 2023. ▲ Rising
Interest payments in Europe & Central Asia (excluding high income), 2008–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
Europe & Central Asia (excluding high income) recorded 5.8% for interest payments in 2023. That is the highest value across all 16 years on record.
That represents a change of up 45.2% on the previous year and up 78.7% over ten years.
Over the whole period, interest payments in Europe & Central Asia (excluding high income) peaked at 5.8% in 2023 and was at its lowest, 1.5%, in 2008.
Europe & Central Asia (excluding high income) ranks 29th of 41 groups on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 16 years of available data.
Interest payments in Europe & Central Asia (excluding high income), year by year
| Year | % of expense | Change |
|---|---|---|
| 2008 | 1.5% | — |
| 2009 | 2.2% | +44.6% |
| 2010 | 2.4% | +9.8% |
| 2011 | 3.3% | +35.8% |
| 2012 | 3.7% | +11.9% |
| 2013 | 3.2% | -11.4% |
| 2014 | 3.3% | +1.6% |
| 2015 | 4.0% | +22.5% |
| 2016 | 5.1% | +25.3% |
| 2017 | 4.6% | -9.8% |
| 2018 | 5.3% | +16.2% |
| 2019 | 5.2% | -2.5% |
| 2020 | 4.7% | -8.8% |
| 2021 | 4.8% | +2.7% |
| 2022 | 4.0% | -17.6% |
| 2023 | 5.8% | +45.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.9% | 1.5% | 2.2% | 2 |
| 2010s | 4.0% | 2.4% | 5.3% | 10 |
| 2020s | 4.8% | 4.0% | 5.8% | 4 |
Countries ranked near Europe & Central Asia (excluding high income)
- 26 Lebanon 15.2% compare
- 27 Malaysia 14.9% compare
- 28 Guinea-Bissau 14.9% compare
- 29 Iceland 14.7% compare
- 30 Fiji 14.6% compare
- 31 South Africa 14.3% compare
- 32 Côte d'Ivoire 14.1% compare
More public sector data for Europe & Central Asia (excluding high income)
- Arms imports 6.55 billion SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 26.15 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0027 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 13.15 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 6.55 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 410.43 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0419 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 6.61 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 102.77 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 979.77 SIPRI trend indicator values per square kilometre (2023)
All data for Europe & Central Asia (excluding high income) →
Frequently asked questions
- What is interest payments in Europe & Central Asia (excluding high income)?
- Interest payments in Europe & Central Asia (excluding high income) was 5.8% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest interest payments recorded in Europe & Central Asia (excluding high income)?
- The highest recorded value was 5.8% in 2023.
- What is the lowest interest payments recorded in Europe & Central Asia (excluding high income)?
- The lowest recorded value was 1.5% in 2008.
- How does Europe & Central Asia (excluding high income) rank for interest payments?
- Europe & Central Asia (excluding high income) ranks 29th out of 41 groups with data for 2023.
- Is interest payments rising or falling in Europe & Central Asia (excluding high income)?
- Over the last ten years it is up 78.7%. The long-run trend across the full record is rising.
- Where does this Europe & Central Asia (excluding high income) 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.