Interest payments in Small states
Small states: Interest payments was 1.9% in 2022. ▼ Falling
Interest payments in Small states, 1991–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
Small states recorded 1.9% for interest payments in 2022. That is the lowest value across all 29 years on record.
That represents a change of down 53.1% on the previous year and down 57.1% over ten years.
Over the whole period, interest payments in Small states peaked at 9.5% in 1991 and was at its lowest, 1.9%, in 2022.
Small states ranks 40th of 41 groups on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 29 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 6.9% | 3.2% | 9.5% | 6 |
| 2000s | 7.2% | 4.2% | 9.0% | 10 |
| 2010s | 5.2% | 4.1% | 6.8% | 10 |
| 2020s | 3.5% | 1.9% | 4.6% | 3 |
Countries ranked near Small states
- 37 Colombia 13.2% compare
- 38 United States 12.9% compare
- 39 Armenia 12.7% compare
- 40 Tanzania 12.6% compare
- 41 Papua New Guinea 12.3% compare
- 42 Guatemala 12.0% compare
- 43 Burkina Faso 11.9% compare
More public sector data for Small states
- Arms imports 162.00 million SIPRI trend indicator values (2021)
- Tax revenue 20.5% (2019)
- Taxes on income, profits and capital gains 24.1% (2022)
- Taxes on goods and services 33.4% (2022)
- Net investment in nonfinancial assets 3.0% (2019)
- Net lending (+) / net borrowing (-) -2.2% (2019)
- Interest payments 1.8% (2022)
- Grants and other revenue 12.8% (2022)
- Other taxes 1.8% (2021)
- Compensation of employees 21.9% (2022)
Frequently asked questions
- What is interest payments in Small states?
- Interest payments in Small states was 1.9% in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest interest payments recorded in Small states?
- The highest recorded value was 9.5% in 1991.
- What is the lowest interest payments recorded in Small states?
- The lowest recorded value was 1.9% in 2022.
- How does Small states rank for interest payments?
- Small states ranks 40th out of 41 groups with data for 2022.
- Is interest payments rising or falling in Small states?
- Over the last ten years it is down 57.1%. The long-run trend across the full record is falling.
- Where does this 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.