Interest payments in World
World: Interest payments was 5.8% in 2022. ▼ Falling
Interest payments in World, 2002–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
World recorded 5.8% for interest payments in 2022.
That represents a change of down 4.2% on the previous year and up 1.5% over ten years.
Over the whole period, interest payments in World peaked at 8.0% in 2002 and was at its lowest, 5.2%, in 2009.
World ranks 30th of 41 groups on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 21 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6.5% | 5.2% | 8.0% | 8 |
| 2010s | 6.0% | 5.2% | 6.8% | 10 |
| 2020s | 5.8% | 5.7% | 6.0% | 3 |
Countries ranked near World
- 27 Malaysia 14.9% compare
- 28 Guinea-Bissau 14.9% compare
- 29 Iceland 14.7% compare
- 30 Fiji 14.6% compare
- 31 South Africa 14.3% compare
- 32 Cote d'Ivoire 14.1% compare
- 33 Namibia 14.1% compare
More public sector data for World
- Arms imports 28.82 billion SIPRI trend indicator values (2024)
- Tax revenue 13.8% (2024)
- Taxes on income, profits and capital gains 26.4% (2024)
- Taxes on goods and services 31.0% (2024)
- Net investment in nonfinancial assets 1.6% (2023)
- Net lending (+) / net borrowing (-) -4.4% (2023)
- Interest payments 6.9% (2023)
- Grants and other revenue 16.5% (2023)
- Other taxes 0.8% (2023)
- Compensation of employees 19.1% (2022)
Frequently asked questions
- What is interest payments in World?
- Interest payments in World was 5.8% in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest interest payments recorded in World?
- The highest recorded value was 8.0% in 2002.
- What is the lowest interest payments recorded in World?
- The lowest recorded value was 5.2% in 2009.
- How does World rank for interest payments?
- World ranks 30th out of 41 groups with data for 2022.
- Is interest payments rising or falling in World?
- Over the last ten years it is up 1.5%. The long-run trend across the full record is falling.
- Where does this World 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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CSV · JSON — 21 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.