Interest payments in Bahamas
Bahamas: Interest payments was 20.0% in 2024. ▲ Rising
Interest payments in Bahamas, 1990–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
Bahamas recorded 20.0% for interest payments in 2024.
Compared with earlier readings it is down 0.5% on the previous year and up 37.4% over ten years.
Over the whole period, interest payments in Bahamas peaked at 22.1% in 2021 and was at its lowest, 9.1%, in 2006.
Bahamas ranks 19th of 155 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 35 years of available data.
Interest payments in Bahamas, year by year
| Year | % of revenue | Change |
|---|---|---|
| 1990 | 12.4% | — |
| 1991 | 14.9% | +19.8% |
| 1992 | 13.3% | -10.3% |
| 1993 | 14.5% | +8.9% |
| 1994 | 13.0% | -10.5% |
| 1995 | 12.3% | -5.3% |
| 1996 | 12.7% | +3.6% |
| 1997 | 12.9% | +1.3% |
| 1998 | 13.0% | +1.0% |
| 1999 | 11.0% | -15.6% |
| 2000 | 9.8% | -10.6% |
| 2001 | 11.0% | +11.3% |
| 2002 | 11.1% | +1.1% |
| 2003 | 11.9% | +7.2% |
| 2004 | 12.1% | +1.6% |
| 2005 | 11.0% | -9.0% |
| 2006 | 9.1% | -17.0% |
| 2007 | 9.5% | +4.5% |
| 2008 | 10.0% | +5.3% |
| 2009 | 11.7% | +16.9% |
| 2010 | 14.4% | +23.1% |
| 2011 | 13.9% | -3.7% |
| 2012 | 12.6% | -9.4% |
| 2013 | 14.8% | +17.7% |
| 2014 | 14.5% | -1.9% |
| 2015 | 13.9% | -4.1% |
| 2016 | 13.8% | -0.9% |
| 2017 | 12.9% | -6.4% |
| 2018 | 15.4% | +18.8% |
| 2019 | 13.5% | -11.9% |
| 2020 | 16.5% | +22.0% |
| 2021 | 22.1% | +34.1% |
| 2022 | 21.2% | -4.4% |
| 2023 | 20.1% | -5.2% |
| 2024 | 20.0% | -0.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 13.0% | 11.0% | 14.9% | 10 |
| 2000s | 10.7% | 9.1% | 12.1% | 10 |
| 2010s | 14.0% | 12.6% | 15.4% | 10 |
| 2020s | 20.0% | 16.5% | 22.1% | 5 |
Countries ranked near Bahamas
- 16 Bangladesh 20.8% compare
- 17 United States of America 20.3% compare
- 18 Mexico 20.0% compare
- 20 Dominican Republic 19.3% compare
- 21 Gabon 18.9% compare
- 22 Jordan 18.6% compare
More public sector data for Bahamas
- Arms imports 12.00 million SIPRI trend indicator values (2017)
- Arms imports (SIPRI trend indicator values), per capita 30.73 SIPRI trend indicator values per person (2017)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.001 SIPRI trend indicator values per US$ of GDP (2017)
- Arms imports (SIPRI trend indicator values), gaps filled 12.00 million SIPRI trend indicator values (2017)
- Arms imports (SIPRI trend indicator values), per square kilometre 1,199 SIPRI trend indicator values per square kilometre (2017)
- Tax revenue 17.3% (2024)
- Capital stock, General government, Current prices, Domestic currency 2.72 (2019)
- Capital stock, General government, Constant prices, Percent of GDP 24.77 (2019)
- Capital stock, General government, Constant prices, Purchasing power 3.16 (2019)
- Taxes on goods and services 58.7% (2024)
Frequently asked questions
- What is interest payments in Bahamas?
- Interest payments in Bahamas was 20.0% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest interest payments recorded in Bahamas?
- The highest recorded value was 22.1% in 2021.
- What is the lowest interest payments recorded in Bahamas?
- The lowest recorded value was 9.1% in 2006.
- How does Bahamas rank for interest payments?
- Bahamas ranks 19th out of 155 countries with data for 2024.
- Is interest payments rising or falling in Bahamas?
- Over the last ten years it is up 37.4%. The long-run trend across the full record is rising.
- Where does this Bahamas 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.