Interest payments (% of expense) in IBRD only
IBRD only: Interest payments (% of expense) was 8.2% in 2023. ▼ Falling
Interest payments in IBRD only, 1995–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
IBRD only recorded 8.2% for interest payments in 2023.
Compared with earlier readings it is up 9.5% on the previous year and up 37.5% over ten years.
Over the whole period, interest payments in IBRD only peaked at 13.1% in 1997 and was at its lowest, 5.9%, in 2013.
That places IBRD only 26th out of 41 groups with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently falling across the 29 years of available data.
Interest payments (% of expense) in IBRD only, year by year
| Year | % of expense | Change |
|---|---|---|
| 1995 | 11.6% | — |
| 1996 | 11.4% | -1.4% |
| 1997 | 13.1% | +14.6% |
| 1998 | 12.5% | -4.3% |
| 1999 | 12.5% | -0.6% |
| 2000 | 12.0% | -4.1% |
| 2001 | 10.9% | -8.9% |
| 2002 | 10.8% | -0.5% |
| 2003 | 11.3% | +4.5% |
| 2004 | 10.2% | -9.7% |
| 2005 | 8.5% | -16.5% |
| 2006 | 7.6% | -10.8% |
| 2007 | 6.2% | -18.3% |
| 2008 | 6.3% | +1.3% |
| 2009 | 7.2% | +14.6% |
| 2010 | 6.5% | -9.7% |
| 2011 | 6.5% | -0.9% |
| 2012 | 6.1% | -6.0% |
| 2013 | 5.9% | -2.1% |
| 2014 | 7.1% | +19.6% |
| 2015 | 7.3% | +3.2% |
| 2016 | 8.8% | +19.9% |
| 2017 | 7.9% | -10.0% |
| 2018 | 9.4% | +19.0% |
| 2019 | 8.5% | -10.3% |
| 2020 | 7.9% | -6.9% |
| 2021 | 6.9% | -12.5% |
| 2022 | 7.5% | +8.3% |
| 2023 | 8.2% | +9.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 12.2% | 11.4% | 13.1% | 5 |
| 2000s | 9.1% | 6.2% | 12.0% | 10 |
| 2010s | 7.4% | 5.9% | 9.4% | 10 |
| 2020s | 7.6% | 6.9% | 8.2% | 4 |
Countries ranked near IBRD only
- 23 Saint Lucia 16.1% compare
- 24 Mexico 15.8% compare
- 25 Philippines 15.3% compare
- 26 Lebanon 15.2% compare
- 27 Malaysia 14.9% compare
- 28 Guinea-Bissau 14.9% compare
- 29 Iceland 14.7% compare
More public sector data for IBRD only
- Arms imports 14.75 billion SIPRI trend indicator values (2025)
- Arms imports (SIPRI trend indicator values), per capita 2.36 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0003 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -10.26 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 11.74 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 171.58 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.021 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 12.21 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 854.40 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 184.84 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is interest payments in IBRD only?
- Interest payments in IBRD only was 8.2% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest interest payments recorded in IBRD only?
- The highest recorded value was 13.1% in 1997.
- What is the lowest interest payments recorded in IBRD only?
- The lowest recorded value was 5.9% in 2013.
- How does IBRD only rank for interest payments?
- IBRD only ranks 26th out of 41 groups with data for 2023.
- Is interest payments rising or falling in IBRD only?
- Over the last ten years it is up 37.5%. The long-run trend across the full record is falling.
- Where does this IBRD only 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 — 29 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.