Interest payments in East Asia & Pacific (IDA & IBRD countries)
East Asia & Pacific (IDA & IBRD countries): Interest payments was 9.8% in 2023. ▼ Falling
Interest payments in East Asia & Pacific (IDA & IBRD countries), 1996–2023
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 East Asia & Pacific (IDA & IBRD countries) is 9.8%, measured in 2023.
That represents a change of up 5.6% on the previous year and up 90.8% over ten years.
Over the whole period, interest payments in East Asia & Pacific (IDA & IBRD countries) peaked at 14.5% in 1998 and was at its lowest, 3.3%, in 2011.
That places East Asia & Pacific (IDA & IBRD countries) 17th out of 41 groups with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently falling across the 24 years of available data.
Interest payments in East Asia & Pacific (IDA & IBRD countries), year by year
| Year | % of revenue | Change |
|---|---|---|
| 1996 | 9.3% | — |
| 1997 | 10.3% | +11.0% |
| 1998 | 14.5% | +40.6% |
| 1999 | 14.4% | -0.5% |
| 2002 | 11.6% | -19.9% |
| 2003 | 8.6% | -25.6% |
| 2006 | 5.8% | -33.2% |
| 2007 | 3.9% | -32.0% |
| 2008 | 4.8% | +22.7% |
| 2009 | 4.5% | -5.9% |
| 2010 | 3.3% | -27.2% |
| 2011 | 3.3% | -0.6% |
| 2012 | 3.5% | +6.5% |
| 2013 | 5.1% | +48.0% |
| 2014 | 6.0% | +17.2% |
| 2015 | 5.5% | -8.7% |
| 2016 | 7.6% | +38.0% |
| 2017 | 8.6% | +13.2% |
| 2018 | 10.5% | +22.0% |
| 2019 | 8.2% | -21.6% |
| 2020 | 8.7% | +5.6% |
| 2021 | 6.4% | -26.4% |
| 2022 | 9.3% | +45.6% |
| 2023 | 9.8% | +5.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 12.2% | 9.3% | 14.5% | 4 |
| 2000s | 6.5% | 3.9% | 11.6% | 6 |
| 2010s | 6.2% | 3.3% | 10.5% | 10 |
| 2020s | 8.5% | 6.4% | 9.8% | 4 |
Countries ranked near East Asia & Pacific (IDA & IBRD countries)
- 14 Uganda 21.0% compare
- 15 Guinea-Bissau 21.0% compare
- 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
More public sector data for East Asia & Pacific (IDA & IBRD countries)
- Arms imports 872.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 0.4124 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 -41.87 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 872.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 163.99 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0156 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 6.25 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 346.78 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 94.45 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is interest payments in East Asia & Pacific (IDA & IBRD countries)?
- Interest payments in East Asia & Pacific (IDA & IBRD countries) was 9.8% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest interest payments recorded in East Asia & Pacific (IDA & IBRD countries)?
- The highest recorded value was 14.5% in 1998.
- What is the lowest interest payments recorded in East Asia & Pacific (IDA & IBRD countries)?
- The lowest recorded value was 3.3% in 2011.
- How does East Asia & Pacific (IDA & IBRD countries) rank for interest payments?
- East Asia & Pacific (IDA & IBRD countries) ranks 17th out of 41 groups with data for 2023.
- Is interest payments rising or falling in East Asia & Pacific (IDA & IBRD countries)?
- Over the last ten years it is up 90.8%. The long-run trend across the full record is falling.
- Where does this East Asia & Pacific (IDA & IBRD countries) 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 — 24 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.