Interest payments in Africa Western and Central
Africa Western and Central: Interest payments was 9.5% in 2021. ▲ Rising
Interest payments in Africa Western and Central, 2015–2021
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
The most recent figure for interest payments in Africa Western and Central is 9.5%, measured in 2021. That is the highest value across all 7 years on record.
Compared with earlier readings it is up 4.2% on the previous year and up 86.8% over ten years.
Africa Western and Central ranks 19th of 41 groups on this measure, in the middle of the range.
Interest payments in Africa Western and Central, year by year
| Year | % of revenue | Change |
|---|---|---|
| 2015 | 5.1% | — |
| 2016 | 4.9% | -4.0% |
| 2017 | 6.7% | +38.1% |
| 2018 | 7.6% | +12.5% |
| 2019 | 7.5% | -1.5% |
| 2020 | 9.1% | +22.0% |
| 2021 | 9.5% | +4.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 6.4% | 4.9% | 7.6% | 5 |
| 2020s | 9.3% | 9.1% | 9.5% | 2 |
Countries ranked near Africa Western and Central
- 16 Bangladesh 20.8% compare
- 17 United States of America 20.3% compare
- 18 Mexico 20.0% compare
- 19 Bahamas 20.0% compare
- 20 Dominican Republic 19.3% compare
- 21 Gabon 18.9% compare
- 22 Jordan 18.6% compare
More public sector data for Africa Western and Central
- Arms imports 360.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 0.6914 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0005 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -36.28 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 360.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 15.4 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 -14.98 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 8.02 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 62.46 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is interest payments in Africa Western and Central?
- Interest payments in Africa Western and Central was 9.5% in 2021, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest interest payments recorded in Africa Western and Central?
- The highest recorded value was 9.5% in 2021.
- What is the lowest interest payments recorded in Africa Western and Central?
- The lowest recorded value was 4.9% in 2016.
- How does Africa Western and Central rank for interest payments?
- Africa Western and Central ranks 19th out of 41 groups with data for 2021.
- Is interest payments rising or falling in Africa Western and Central?
- Over the last ten years it is up 86.8%. The long-run trend across the full record is rising.
- Where does this Africa Western and Central 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.