Interest payments in El Salvador
El Salvador: Interest payments was 14.3% in 2024. ▲ Rising
Interest payments in El Salvador, 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 El Salvador is 14.3%, measured in 2024.
Compared with earlier readings it is up 1.5% on the previous year and up 23.8% over ten years.
Over the whole period, interest payments in El Salvador peaked at 15.3% in 2006 and was at its lowest, 7.1%, in 2000.
That places El Salvador 31st out of 155 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 27 years of available data.
Interest payments in El Salvador, year by year
| Year | % of revenue | Change |
|---|---|---|
| 1998 | 8.0% | — |
| 1999 | 9.0% | +12.4% |
| 2000 | 7.1% | -21.1% |
| 2001 | 7.5% | +5.0% |
| 2002 | 12.5% | +68.0% |
| 2003 | 11.2% | -10.3% |
| 2004 | 14.4% | +28.4% |
| 2005 | 13.6% | -5.7% |
| 2006 | 15.3% | +12.7% |
| 2007 | 10.8% | -29.5% |
| 2008 | 9.8% | -9.9% |
| 2009 | 12.3% | +26.1% |
| 2010 | 11.7% | -5.1% |
| 2011 | 10.4% | -11.2% |
| 2012 | 10.1% | -2.3% |
| 2013 | 10.5% | +4.2% |
| 2014 | 11.6% | +9.7% |
| 2015 | 10.5% | -9.2% |
| 2016 | 10.5% | -0.4% |
| 2017 | 10.9% | +3.7% |
| 2018 | 11.0% | +1.7% |
| 2019 | 11.4% | +3.6% |
| 2020 | 12.1% | +5.7% |
| 2021 | 11.1% | -8.4% |
| 2022 | 11.2% | +1.0% |
| 2023 | 14.1% | +26.2% |
| 2024 | 14.3% | +1.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 8.5% | 8.0% | 9.0% | 2 |
| 2000s | 11.5% | 7.1% | 15.3% | 10 |
| 2010s | 10.9% | 10.1% | 11.7% | 10 |
| 2020s | 12.6% | 11.1% | 14.3% | 5 |
Countries ranked near El Salvador
- 28 Mozambique 15.1% compare
- 29 Iceland 14.9% compare
- 30 Namibia 14.7% compare
- 32 Papua New Guinea 14.2% compare
- 33 Seychelles 14.1% compare
- 34 Togo 14.0% compare
More public sector data for El Salvador
- Arms imports 0 SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 0 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 -100 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 0 SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 67.09 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0122 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate -6.5 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 425.20 million current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 241.31 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is interest payments in El Salvador?
- Interest payments in El Salvador was 14.3% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest interest payments recorded in El Salvador?
- The highest recorded value was 15.3% in 2006.
- What is the lowest interest payments recorded in El Salvador?
- The lowest recorded value was 7.1% in 2000.
- How does El Salvador rank for interest payments?
- El Salvador ranks 31st out of 155 countries with data for 2024.
- Is interest payments rising or falling in El Salvador?
- Over the last ten years it is up 23.8%. The long-run trend across the full record is rising.
- Where does this El Salvador 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.