Interest payments in Euro area
Euro area: Interest payments was 2.9% in 2024. ▼ Falling
Interest payments in Euro area, 1973–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
Euro area recorded 2.9% for interest payments in 2024.
That represents a change of up 0.8% on the previous year and down 48.5% over ten years.
Over the whole period, interest payments in Euro area peaked at 10.4% in 1986 and was at its lowest, 2.1%, in 1974.
The long-run direction has been consistently falling across the 52 years of available data.
Interest payments in Euro area, year by year
| Year | % of revenue | Change |
|---|---|---|
| 1973 | 2.7% | — |
| 1974 | 2.1% | -20.7% |
| 1975 | 2.6% | +19.7% |
| 1976 | 3.3% | +27.0% |
| 1977 | 3.0% | -6.9% |
| 1978 | 3.9% | +29.5% |
| 1979 | 4.2% | +6.2% |
| 1980 | 4.5% | +9.1% |
| 1981 | 4.9% | +7.6% |
| 1982 | 6.0% | +21.7% |
| 1983 | 6.5% | +9.0% |
| 1984 | 7.4% | +13.9% |
| 1985 | 9.9% | +34.1% |
| 1986 | 10.4% | +5.1% |
| 1987 | 9.7% | -7.0% |
| 1988 | 9.6% | -0.4% |
| 1989 | 9.7% | +0.1% |
| 1990 | 10.0% | +3.2% |
| 1991 | 7.4% | -25.9% |
| 1992 | 8.2% | +11.5% |
| 1993 | 9.8% | +18.8% |
| 1994 | 8.5% | -12.7% |
| 1995 | 9.0% | +5.0% |
| 1996 | 9.5% | +6.3% |
| 1997 | 9.8% | +3.1% |
| 1998 | 8.8% | -10.7% |
| 1999 | 7.9% | -10.6% |
| 2000 | 7.3% | -7.0% |
| 2001 | 6.8% | -7.2% |
| 2002 | 6.5% | -4.5% |
| 2003 | 6.0% | -7.9% |
| 2004 | 5.9% | -0.3% |
| 2005 | 5.1% | -14.8% |
| 2006 | 4.4% | -12.7% |
| 2007 | 4.5% | +0.8% |
| 2008 | 4.5% | +1.5% |
| 2009 | 5.4% | +19.8% |
| 2010 | 5.4% | -0.6% |
| 2011 | 5.7% | +5.3% |
| 2012 | 6.0% | +5.7% |
| 2013 | 5.8% | -3.0% |
| 2014 | 5.6% | -3.7% |
| 2015 | 5.2% | -7.1% |
| 2016 | 4.8% | -7.9% |
| 2017 | 4.1% | -14.1% |
| 2018 | 3.8% | -6.6% |
| 2019 | 3.4% | -10.5% |
| 2020 | 3.3% | -3.0% |
| 2021 | 2.9% | -11.9% |
| 2022 | 2.7% | -8.3% |
| 2023 | 2.9% | +6.1% |
| 2024 | 2.9% | +0.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.1% | 2.1% | 4.2% | 7 |
| 1980s | 7.9% | 4.5% | 10.4% | 10 |
| 1990s | 8.9% | 7.4% | 10.0% | 10 |
| 2000s | 5.6% | 4.4% | 7.3% | 10 |
| 2010s | 5.0% | 3.4% | 6.0% | 10 |
| 2020s | 2.9% | 2.7% | 3.3% | 5 |
Countries ranked near Euro area
More public sector data for Euro area
- Arms imports 3.29 billion SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 9.21 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0002 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 41.65 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 3.29 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 806.84 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0174 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 16.6 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 288.53 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 819.39 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is interest payments in Euro area?
- Interest payments in Euro area was 2.9% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest interest payments recorded in Euro area?
- The highest recorded value was 10.4% in 1986.
- What is the lowest interest payments recorded in Euro area?
- The lowest recorded value was 2.1% in 1974.
- How does Euro area rank for interest payments?
- Euro area ranks 2nd out of 2 groups with data for 2024.
- Is interest payments rising or falling in Euro area?
- Over the last ten years it is down 48.5%. The long-run trend across the full record is falling.
- Where does this Euro area 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.