Interest payments in Saint Vincent and the Grenadines
Saint Vincent and the Grenadines: Interest payments was 8.8% in 2017. ▼ Falling
Interest payments in Saint Vincent and the Grenadines, 2000–2017
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 Saint Vincent and the Grenadines is 8.8%, measured in 2017.
Compared with earlier readings it is up 6.3% on the previous year and down 26.2% over ten years.
Over the whole period, interest payments in Saint Vincent and the Grenadines peaked at 12.2% in 2006 and was at its lowest, 8.3%, in 2016.
That places Saint Vincent and the Grenadines 60th out of 152 countries with data for 2017, putting it in the middle of the range.
The long-run direction has been consistently falling across the 18 years of available data.
Interest payments in Saint Vincent and the Grenadines, year by year
| Year | % of expense | Change |
|---|---|---|
| 2000 | 10.3% | — |
| 2001 | 9.5% | -7.3% |
| 2002 | 9.6% | +0.3% |
| 2003 | 10.2% | +7.0% |
| 2004 | 9.6% | -6.4% |
| 2005 | 11.4% | +19.1% |
| 2006 | 12.2% | +6.7% |
| 2007 | 12.0% | -1.7% |
| 2008 | 10.9% | -9.2% |
| 2009 | 10.9% | +0.1% |
| 2010 | 11.1% | +2.0% |
| 2011 | 9.3% | -16.0% |
| 2012 | 9.1% | -2.4% |
| 2013 | 9.8% | +7.4% |
| 2014 | 9.0% | -8.0% |
| 2015 | 8.7% | -2.6% |
| 2016 | 8.3% | -5.0% |
| 2017 | 8.8% | +6.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 10.6% | 9.5% | 12.2% | 10 |
| 2010s | 9.3% | 8.3% | 11.1% | 8 |
Countries ranked near Saint Vincent and the Grenadines
More public sector data for Saint Vincent and the Grenadines
- Tax revenue 23.8% (2017)
- Capital stock, General government, Current prices, Domestic currency 2.86 (2019)
- Taxes on income, profits and capital gains 24.7% (2017)
- Capital stock, General government, Constant prices, Percent of GDP 130.28 (2019)
- Capital stock, General government, Constant prices, Purchasing power 1.52 (2019)
- Taxes on goods and services 43.5% (2017)
- Net investment in nonfinancial assets 3.6% (2017)
- Capital stock, General government, Current prices, Domestic currency 0 units per person (2019)
- Capital stock, General government, Current prices, Domestic currency 0 units per US$ of GDP (2019)
- Net lending (+) / net borrowing (-) -1.5% (2017)
Frequently asked questions
- What is interest payments in Saint Vincent and the Grenadines?
- Interest payments in Saint Vincent and the Grenadines was 8.8% in 2017, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest interest payments recorded in Saint Vincent and the Grenadines?
- The highest recorded value was 12.2% in 2006.
- What is the lowest interest payments recorded in Saint Vincent and the Grenadines?
- The lowest recorded value was 8.3% in 2016.
- How does Saint Vincent and the Grenadines rank for interest payments?
- Saint Vincent and the Grenadines ranks 60th out of 152 countries with data for 2017.
- Is interest payments rising or falling in Saint Vincent and the Grenadines?
- Over the last ten years it is down 26.2%. The long-run trend across the full record is falling.
- Where does this Saint Vincent and the Grenadines 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.