Interest payments in Zambia
Zambia: Interest payments was 26.5% in 2021. ◆ Volatile
Interest payments in Zambia, 1998–2021
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 Zambia is 26.5%, measured in 2021.
The figure is down 18.4% on the previous year and up 312.2% over ten years.
Over the whole period, interest payments in Zambia peaked at 42.0% in 2019 and was at its lowest, 6.4%, in 2011.
That places Zambia 4th out of 152 countries with data for 2021, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 17.9% | 15.9% | 19.9% | 2 |
| 2000s | 14.4% | 6.6% | 26.0% | 9 |
| 2010s | 18.6% | 6.4% | 42.0% | 10 |
| 2020s | 29.5% | 26.5% | 32.5% | 2 |
Countries ranked near Zambia
More public sector data for Zambia
- Arms imports 1.00 million SIPRI trend indicator values (2024)
- Tax revenue 18.8% (2024)
- Taxes on income, profits and capital gains 35.1% (2024)
- Taxes on goods and services 31.8% (2024)
- Net investment in nonfinancial assets 5.2% (2024)
- Net lending (+) / net borrowing (-) -3.2% (2024)
- Interest payments 28.3% (2024)
- Grants and other revenue 25.3% (2024)
- Other taxes 2.5% (2024)
- Compensation of employees 28.0% (2021)
Frequently asked questions
- What is interest payments in Zambia?
- Interest payments in Zambia was 26.5% in 2021, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest interest payments recorded in Zambia?
- The highest recorded value was 42.0% in 2019.
- What is the lowest interest payments recorded in Zambia?
- The lowest recorded value was 6.4% in 2011.
- How does Zambia rank for interest payments?
- Zambia ranks 4th out of 152 countries with data for 2021.
- Is interest payments rising or falling in Zambia?
- Over the last ten years it is up 312.2%. The long-run trend across the full record is volatile.
- Where does this Zambia 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.