{"entity":{"iso2":"PH","iso3":"PHL","name":"Philippines","slug":"philippines"},"indicator":{"licence":"CC BY 4.0 (World Bank Open Data)","slug":"interest-payments-percent-of-expense","source":"Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)","source_url":"https://data.worldbank.org/indicator/GC.XPN.INTP.ZS","title":"Interest payments (% of expense)","unit":"% of expense"},"observations":[{"date":"1990-01-01","value":39.3794},{"date":"1991-01-01","value":37.5364},{"date":"1992-01-01","value":36.319},{"date":"1993-01-01","value":32.61},{"date":"2000-01-01","value":28.0693},{"date":"2001-01-01","value":30.2833},{"date":"2002-01-01","value":28.41},{"date":"2003-01-01","value":31.4395},{"date":"2004-01-01","value":34.2975},{"date":"2005-01-01","value":32.3065},{"date":"2006-01-01","value":33.864},{"date":"2007-01-01","value":27.7386},{"date":"2008-01-01","value":25.8706},{"date":"2009-01-01","value":23.7295},{"date":"2010-01-01","value":23.3573},{"date":"2011-01-01","value":20.6309},{"date":"2012-01-01","value":21.1257},{"date":"2013-01-01","value":20.4056},{"date":"2014-01-01","value":19.1354},{"date":"2015-01-01","value":16.6928},{"date":"2016-01-01","value":15.1575},{"date":"2017-01-01","value":13.778},{"date":"2018-01-01","value":13.4523},{"date":"2019-01-01","value":12.4867},{"date":"2020-01-01","value":10.8337},{"date":"2021-01-01","value":11.5593},{"date":"2022-01-01","value":12.2685},{"date":"2023-01-01","value":15.3092}],"summary":{"latest_period":"2023-01-01","latest_value":15.3092,"max":39.3794,"mean":23.8588,"min":10.8337,"of":152,"rank":25,"trend":"falling"}}