Interest payments in Other small states
Other small states: Interest payments was 3.1% in 2023. ◆ Volatile
Interest payments in Other small states, 1983–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
In 2023, interest payments in Other small states stood at 3.1%.
The figure is up 59.6% on the previous year and down 57.1% over ten years.
Over the whole period, interest payments in Other small states peaked at 23.4% in 1985 and was at its lowest, 1.9%, in 2022.
Other small states ranks 37th of 39 groups on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Interest payments in Other small states, year by year
| Year | % of expense | Change |
|---|---|---|
| 1983 | 21.8% | — |
| 1984 | 22.5% | +3.6% |
| 1985 | 23.4% | +3.7% |
| 1986 | 23.2% | -0.7% |
| 1987 | 20.3% | -12.8% |
| 1988 | 15.5% | -23.3% |
| 1989 | 13.6% | -12.4% |
| 1990 | 17.9% | +31.4% |
| 1991 | 9.5% | -46.9% |
| 1992 | 15.4% | +62.6% |
| 1993 | 11.7% | -24.1% |
| 1994 | 11.0% | -5.7% |
| 1995 | 6.8% | -38.0% |
| 1996 | 7.3% | +7.3% |
| 1997 | 7.0% | -4.3% |
| 1998 | 7.4% | +6.0% |
| 1999 | 3.2% | -57.0% |
| 2000 | 4.2% | +30.8% |
| 2001 | 5.1% | +22.3% |
| 2002 | 4.9% | -5.1% |
| 2003 | 3.4% | -29.4% |
| 2004 | 5.8% | +67.6% |
| 2005 | 6.0% | +3.7% |
| 2006 | 5.7% | -5.3% |
| 2007 | 5.1% | -10.2% |
| 2008 | 4.9% | -3.3% |
| 2009 | 4.7% | -4.5% |
| 2010 | 3.6% | -22.5% |
| 2011 | 3.4% | -7.6% |
| 2012 | 3.0% | -10.1% |
| 2013 | 7.1% | +135.8% |
| 2014 | 4.6% | -35.4% |
| 2015 | 2.7% | -41.1% |
| 2016 | 5.0% | +86.1% |
| 2017 | 4.3% | -14.7% |
| 2018 | 5.4% | +24.8% |
| 2019 | 4.8% | -9.8% |
| 2020 | 4.6% | -5.2% |
| 2021 | 4.1% | -11.1% |
| 2022 | 1.9% | -53.1% |
| 2023 | 3.1% | +59.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 20.0% | 13.6% | 23.4% | 7 |
| 1990s | 9.7% | 3.2% | 17.9% | 10 |
| 2000s | 5.0% | 3.4% | 6.0% | 10 |
| 2010s | 4.4% | 2.7% | 7.1% | 10 |
| 2020s | 3.4% | 1.9% | 4.6% | 4 |
Countries ranked near Other small states
More public sector data for Other small states
- Arms imports 104.00 million SIPRI trend indicator values (2021)
- Arms imports (SIPRI trend indicator values), per capita 8.29 SIPRI trend indicator values per person (2021)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0006 SIPRI trend indicator values per US$ of GDP (2021)
- Arms imports (SIPRI trend indicator values), annual growth rate -84.9 % change on previous year (2012)
- Arms imports (SIPRI trend indicator values), gaps filled 104.00 million SIPRI trend indicator values (2021)
- Military expenditure (current USD), per capita 235.91 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0146 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 14.53 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 3.05 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 378.3 SIPRI trend indicator values per square kilometre (2021)
Frequently asked questions
- What is interest payments in Other small states?
- Interest payments in Other small states was 3.1% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest interest payments recorded in Other small states?
- The highest recorded value was 23.4% in 1985.
- What is the lowest interest payments recorded in Other small states?
- The lowest recorded value was 1.9% in 2022.
- How does Other small states rank for interest payments?
- Other small states ranks 37th out of 39 groups with data for 2023.
- Is interest payments rising or falling in Other small states?
- Over the last ten years it is down 57.1%. The long-run trend across the full record is volatile.
- Where does this Other small states 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.