Interest payments in South Asia
South Asia: Interest payments was 32.3% in 2022. ▼ Falling
Interest payments in South Asia, 1990–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
South Asia recorded 32.3% for interest payments in 2022. That is the highest value across all 33 years on record.
Compared with earlier readings it is up 34.3% on the previous year and up 63.8% over ten years.
Over the whole period, interest payments in South Asia peaked at 32.3% in 2022 and was at its lowest, 17.7%, in 2011.
That places South Asia 1st out of 39 groups with data for 2022, putting it in the top 10%.
The long-run direction has been consistently falling across the 33 years of available data.
Interest payments in South Asia, year by year
| Year | % of expense | Change |
|---|---|---|
| 1990 | 24.2% | — |
| 1991 | 23.9% | -1.3% |
| 1992 | 25.3% | +6.0% |
| 1993 | 25.7% | +1.3% |
| 1994 | 27.3% | +6.4% |
| 1995 | 24.7% | -9.4% |
| 1996 | 26.8% | +8.4% |
| 1997 | 27.2% | +1.3% |
| 1998 | 26.7% | -1.6% |
| 1999 | 28.0% | +4.7% |
| 2000 | 27.1% | -3.1% |
| 2001 | 28.1% | +3.7% |
| 2002 | 28.7% | +2.0% |
| 2003 | 27.6% | -3.7% |
| 2004 | 22.6% | -18.3% |
| 2005 | 23.4% | +3.6% |
| 2006 | 22.6% | -3.4% |
| 2007 | 22.2% | -1.7% |
| 2008 | 22.9% | +3.2% |
| 2009 | 21.8% | -4.9% |
| 2010 | 19.2% | -12.0% |
| 2011 | 17.7% | -7.4% |
| 2012 | 19.7% | +11.1% |
| 2013 | 20.3% | +3.2% |
| 2014 | 21.6% | +6.1% |
| 2015 | 21.7% | +0.6% |
| 2016 | 20.3% | -6.4% |
| 2017 | 19.9% | -2.2% |
| 2018 | 20.3% | +2.0% |
| 2019 | 20.5% | +1.2% |
| 2020 | 22.6% | +10.0% |
| 2021 | 24.0% | +6.5% |
| 2022 | 32.3% | +34.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 26.0% | 23.9% | 28.0% | 10 |
| 2000s | 24.7% | 21.8% | 28.7% | 10 |
| 2010s | 20.1% | 17.7% | 21.7% | 10 |
| 2020s | 26.3% | 22.6% | 32.3% | 3 |
Countries ranked near South Asia
More public sector data for South Asia
- Arms imports 1.26 billion SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 0.7506 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 -19.55 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 1.26 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 54.8 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0211 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 4.84 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 91.92 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 467.61 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is interest payments in South Asia?
- Interest payments in South Asia was 32.3% in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest interest payments recorded in South Asia?
- The highest recorded value was 32.3% in 2022.
- What is the lowest interest payments recorded in South Asia?
- The lowest recorded value was 17.7% in 2011.
- How does South Asia rank for interest payments?
- South Asia ranks 1st out of 39 groups with data for 2022.
- Is interest payments rising or falling in South Asia?
- Over the last ten years it is up 63.8%. The long-run trend across the full record is falling.
- Where does this South Asia 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.