Interest payments (% of revenue) in Africa Western and Central
Africa Western and Central: Interest payments (% of revenue) 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 18th of 41 groups on this measure, in the middle of the range.
Interest payments (% of revenue) 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
- 15 Guinea-Bissau 21.0% compare
- 16 Bangladesh 20.8% compare
- 17 United States 20.3% compare
- 18 Mexico 20.0% compare
- 19 Bahamas 20.0% compare
- 20 Dominican Republic 19.3% compare
- 21 Gabon 18.9% compare
More public sector data for Africa Western and Central
- Arms imports 163.00 million SIPRI trend indicator values (2025)
- 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 18th 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.