Interest payments in Africa Eastern and Southern
Africa Eastern and Southern: Interest payments was 14.7% in 2024. ▲ Rising
Interest payments in Africa Eastern and Southern, 1991–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
Africa Eastern and Southern recorded 14.7% for interest payments in 2024. That is the highest value across all 18 years on record.
Compared with earlier readings it is up 11.4% on the previous year and up 256.9% over ten years.
Over the whole period, interest payments in Africa Eastern and Southern peaked at 14.7% in 2024 and was at its lowest, 3.6%, in 2012.
That places Africa Eastern and Southern 3rd out of 41 groups with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 18 years of available data.
Interest payments in Africa Eastern and Southern, year by year
| Year | % of revenue | Change |
|---|---|---|
| 1991 | 9.7% | — |
| 1992 | 12.9% | +33.5% |
| 2009 | 5.0% | -61.3% |
| 2010 | 4.1% | -17.1% |
| 2011 | 3.8% | -7.6% |
| 2012 | 3.6% | -6.0% |
| 2013 | 4.2% | +18.3% |
| 2014 | 4.1% | -2.7% |
| 2015 | 6.3% | +52.3% |
| 2016 | 8.0% | +27.5% |
| 2017 | 7.5% | -6.0% |
| 2018 | 10.5% | +40.1% |
| 2019 | 9.2% | -13.2% |
| 2020 | 9.0% | -1.6% |
| 2021 | 9.3% | +3.0% |
| 2022 | 11.4% | +23.0% |
| 2023 | 13.2% | +15.8% |
| 2024 | 14.7% | +11.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 11.3% | 9.7% | 12.9% | 2 |
| 2000s | 5.0% | 5.0% | 5.0% | 1 |
| 2010s | 6.1% | 3.6% | 10.5% | 10 |
| 2020s | 11.5% | 9.0% | 14.7% | 5 |
Countries ranked near Africa Eastern and Southern
More public sector data for Africa Eastern and Southern
- Arms imports 166.00 million SIPRI trend indicator values (2023)
- Arms imports (SIPRI trend indicator values), per capita 0.2212 SIPRI trend indicator values per person (2023)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0001 SIPRI trend indicator values per US$ of GDP (2023)
- Arms imports (SIPRI trend indicator values), annual growth rate -35.66 % change on previous year (2023)
- Arms imports (SIPRI trend indicator values), gaps filled 166.00 million SIPRI trend indicator values (2023)
- Military expenditure (current USD), per capita 17.76 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0109 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate -0.536 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 13.66 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 11.17 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is interest payments in Africa Eastern and Southern?
- Interest payments in Africa Eastern and Southern was 14.7% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest interest payments recorded in Africa Eastern and Southern?
- The highest recorded value was 14.7% in 2024.
- What is the lowest interest payments recorded in Africa Eastern and Southern?
- The lowest recorded value was 3.6% in 2012.
- How does Africa Eastern and Southern rank for interest payments?
- Africa Eastern and Southern ranks 3rd out of 41 groups with data for 2024.
- Is interest payments rising or falling in Africa Eastern and Southern?
- Over the last ten years it is up 256.9%. The long-run trend across the full record is rising.
- Where does this Africa Eastern and Southern 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 revenue). 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 a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.