Interest payments in Colombia
Colombia: Interest payments was 13.9% in 2024. ▼ Falling
Interest payments in Colombia, 1998–2024
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 Colombia is 13.9%, measured in 2024.
That represents a change of up 0.6% on the previous year and up 68.0% over ten years.
Over the whole period, interest payments in Colombia peaked at 20.6% in 2000 and was at its lowest, 8.3%, in 2014.
That places Colombia 35th out of 155 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently falling across the 21 years of available data.
Interest payments in Colombia, year by year
| Year | % of revenue | Change |
|---|---|---|
| 1998 | 16.7% | — |
| 1999 | 19.0% | +14.0% |
| 2000 | 20.6% | +8.4% |
| 2003 | 20.6% | -0.1% |
| 2008 | 13.9% | -32.6% |
| 2009 | 14.9% | +6.8% |
| 2010 | 12.6% | -15.4% |
| 2011 | 10.9% | -13.5% |
| 2012 | 9.5% | -12.7% |
| 2013 | 8.3% | -12.2% |
| 2014 | 8.3% | -0.8% |
| 2015 | 8.9% | +7.1% |
| 2016 | 11.3% | +27.1% |
| 2017 | 11.2% | -0.7% |
| 2018 | 11.0% | -2.1% |
| 2019 | 10.9% | -0.8% |
| 2020 | 11.9% | +9.1% |
| 2021 | 13.0% | +9.6% |
| 2022 | 15.5% | +19.0% |
| 2023 | 13.8% | -10.7% |
| 2024 | 13.9% | +0.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 17.9% | 16.7% | 19.0% | 2 |
| 2000s | 17.5% | 13.9% | 20.6% | 4 |
| 2010s | 10.3% | 8.3% | 12.6% | 10 |
| 2020s | 13.6% | 11.9% | 15.5% | 5 |
Countries ranked near Colombia
- 32 Papua New Guinea 14.2% compare
- 33 Seychelles 14.1% compare
- 34 Togo 14.0% compare
- 36 Tanzania 13.9% compare
- 37 Fiji 13.9% compare
- 38 Saint Lucia 13.6% compare
More public sector data for Colombia
- Arms imports 19.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 0.3593 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 533.33 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 19.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 285.45 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0359 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 40.05 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 15.10 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 2.7 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is interest payments in Colombia?
- Interest payments in Colombia was 13.9% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest interest payments recorded in Colombia?
- The highest recorded value was 20.6% in 2000.
- What is the lowest interest payments recorded in Colombia?
- The lowest recorded value was 8.3% in 2014.
- How does Colombia rank for interest payments?
- Colombia ranks 35th out of 155 countries with data for 2024.
- Is interest payments rising or falling in Colombia?
- Over the last ten years it is up 68.0%. The long-run trend across the full record is falling.
- Where does this Colombia 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.