Interest payments in Caribbean Small States
Caribbean Small States: Interest payments was 13.2% in 2019. ◆ Volatile
Interest payments in Caribbean Small States, 1976–2019
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 Caribbean Small States is 13.2%, measured in 2019.
Compared with earlier readings it is up 31.4% on the previous year and up 56.3% over ten years.
Over the whole period, interest payments in Caribbean Small States peaked at 16.4% in 2002 and was at its lowest, 1.5%, in 1977.
That places Caribbean Small States 11th out of 41 groups with data for 2019, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Interest payments in Caribbean Small States, year by year
| Year | % of revenue | Change |
|---|---|---|
| 1976 | 1.9% | — |
| 1977 | 1.5% | -20.8% |
| 1978 | 2.5% | +73.1% |
| 1979 | 3.1% | +19.8% |
| 1980 | 2.0% | -35.3% |
| 1981 | 2.5% | +26.8% |
| 2001 | 16.0% | +537.0% |
| 2002 | 16.4% | +3.1% |
| 2003 | 14.2% | -13.6% |
| 2004 | 11.0% | -22.9% |
| 2005 | 8.2% | -24.8% |
| 2006 | 6.1% | -26.1% |
| 2007 | 6.5% | +6.3% |
| 2008 | 5.0% | -22.3% |
| 2009 | 8.4% | +67.3% |
| 2010 | 7.1% | -15.9% |
| 2011 | 6.1% | -13.8% |
| 2012 | 5.6% | -7.7% |
| 2013 | 5.0% | -11.1% |
| 2014 | 5.0% | +0.4% |
| 2015 | 5.6% | +11.3% |
| 2016 | 10.3% | +83.3% |
| 2017 | 8.1% | -21.3% |
| 2018 | 10.0% | +24.1% |
| 2019 | 13.2% | +31.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.2% | 1.5% | 3.1% | 4 |
| 1980s | 2.2% | 2.0% | 2.5% | 2 |
| 2000s | 10.2% | 5.0% | 16.4% | 9 |
| 2010s | 7.6% | 5.0% | 13.2% | 10 |
Countries ranked near Caribbean Small States
More public sector data for Caribbean Small States
- Tax revenue 17.7% (2017)
- Taxes on income, profits and capital gains 26.1% (2019)
- Taxes on goods and services 20.8% (2019)
- Net investment in nonfinancial assets 2.4% (2017)
- Net lending (+) / net borrowing (-) -5.5% (2017)
- Grants and other revenue 18.7% (2019)
- Interest payments 9.6% (2019)
- Other taxes 16.1% (2019)
- Compensation of employees 32.1% (2019)
- Goods and services expense 22.1% (2019)
Frequently asked questions
- What is interest payments in Caribbean Small States?
- Interest payments in Caribbean Small States was 13.2% in 2019, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest interest payments recorded in Caribbean Small States?
- The highest recorded value was 16.4% in 2002.
- What is the lowest interest payments recorded in Caribbean Small States?
- The lowest recorded value was 1.5% in 1977.
- How does Caribbean Small States rank for interest payments?
- Caribbean Small States ranks 11th out of 41 groups with data for 2019.
- Is interest payments rising or falling in Caribbean Small States?
- Over the last ten years it is up 56.3%. The long-run trend across the full record is volatile.
- Where does this Caribbean Small States 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.
Download this data
CSV · JSON — 25 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.