Interest payments in Jordan
Jordan: Interest payments was 16.5% in 2023. ▼ Falling
Interest payments in Jordan, 1990–2023
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 Jordan is 16.5%, measured in 2023.
That represents a change of up 15.3% on the previous year and up 43.9% over ten years.
Over the whole period, interest payments in Jordan peaked at 21.4% in 1990 and was at its lowest, 6.2%, in 2004.
That places Jordan 20th out of 152 countries with data for 2023, putting it in the top quarter.
The long-run direction has been consistently falling across the 34 years of available data.
Interest payments in Jordan, year by year
| Year | % of expense | Change |
|---|---|---|
| 1990 | 21.4% | — |
| 1991 | 21.0% | -1.7% |
| 1992 | 17.5% | -16.9% |
| 1993 | 12.1% | -30.6% |
| 1994 | 10.1% | -16.9% |
| 1995 | 10.8% | +6.9% |
| 1996 | 10.8% | +0.7% |
| 1997 | 13.8% | +26.9% |
| 1998 | 11.8% | -14.3% |
| 1999 | 12.6% | +6.8% |
| 2000 | 12.9% | +2.0% |
| 2001 | 12.2% | -5.2% |
| 2002 | 9.2% | -24.7% |
| 2003 | 8.0% | -12.6% |
| 2004 | 6.2% | -22.7% |
| 2005 | 6.5% | +5.1% |
| 2006 | 7.6% | +16.9% |
| 2007 | 7.8% | +2.6% |
| 2008 | 7.7% | -1.2% |
| 2009 | 7.7% | -0.1% |
| 2010 | 7.9% | +2.0% |
| 2011 | 7.1% | -9.7% |
| 2012 | 9.0% | +26.6% |
| 2013 | 11.5% | +27.6% |
| 2014 | 12.9% | +12.2% |
| 2015 | 13.0% | +0.9% |
| 2016 | 11.4% | -12.2% |
| 2017 | 11.3% | -0.6% |
| 2018 | 12.4% | +9.4% |
| 2019 | 13.4% | +8.2% |
| 2020 | 14.2% | +6.0% |
| 2021 | 15.0% | +5.3% |
| 2022 | 14.3% | -4.4% |
| 2023 | 16.5% | +15.3% |
Jordan compared with similar countries
- Jordan's 16.5% is above the median for upper middle income countries, which is 8.8%, 1.9× the median. (47 countries reporting)
- Jordan's 16.5% is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 4.3%, 3.9× the median. (14 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 14.2% | 10.1% | 21.4% | 10 |
| 2000s | 8.6% | 6.2% | 12.9% | 10 |
| 2010s | 11.0% | 7.1% | 13.4% | 10 |
| 2020s | 15.0% | 14.2% | 16.5% | 4 |
Countries ranked near Jordan
- 17 Dominican Republic 17.5% compare
- 18 Laos 17.0% compare
- 19 Costa Rica 16.7% compare
- 21 Kenya 16.4% compare
- 22 Togo 16.2% compare
- 23 Saint Lucia 16.1% compare
More public sector data for Jordan
- 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)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Democracy 2 (2025)
- Chief executive of the government is elected 0 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
- Competitive elections 0 (2025)
- Universal right to vote 2 (2025)
Frequently asked questions
- What is interest payments in Jordan?
- Interest payments in Jordan was 16.5% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest interest payments recorded in Jordan?
- The highest recorded value was 21.4% in 1990.
- What is the lowest interest payments recorded in Jordan?
- The lowest recorded value was 6.2% in 2004.
- How does Jordan rank for interest payments?
- Jordan ranks 20th out of 152 countries with data for 2023.
- Is interest payments rising or falling in Jordan?
- Over the last ten years it is up 43.9%. The long-run trend across the full record is falling.
- Where does this Jordan 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.