Interest payments in Europe & Central Asia (excluding high income)
Europe & Central Asia (excluding high income): Interest payments was 5.5% in 2024. ▲ Rising
Interest payments in Europe & Central Asia (excluding high income), 2008–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
In 2024, interest payments in Europe & Central Asia (excluding high income) stood at 5.5%. That is the highest value across all 17 years on record.
The figure is up 9.0% on the previous year and up 82.2% over ten years.
Over the whole period, interest payments in Europe & Central Asia (excluding high income) peaked at 5.5% in 2024 and was at its lowest, 1.4%, in 2008.
Europe & Central Asia (excluding high income) ranks 29th of 41 groups on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 17 years of available data.
Interest payments in Europe & Central Asia (excluding high income), year by year
| Year | % of revenue | Change |
|---|---|---|
| 2008 | 1.4% | — |
| 2009 | 2.2% | +53.3% |
| 2010 | 2.5% | +14.8% |
| 2011 | 3.0% | +19.8% |
| 2012 | 3.5% | +16.2% |
| 2013 | 3.0% | -11.9% |
| 2014 | 3.0% | -0.6% |
| 2015 | 4.3% | +43.1% |
| 2016 | 5.0% | +15.4% |
| 2017 | 4.7% | -5.1% |
| 2018 | 4.8% | +0.5% |
| 2019 | 4.7% | -2.1% |
| 2020 | 4.9% | +4.4% |
| 2021 | 4.8% | -1.8% |
| 2022 | 3.8% | -20.1% |
| 2023 | 5.1% | +32.3% |
| 2024 | 5.5% | +9.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.8% | 1.4% | 2.2% | 2 |
| 2010s | 3.8% | 2.5% | 5.0% | 10 |
| 2020s | 4.8% | 3.8% | 5.5% | 5 |
Countries ranked near Europe & Central Asia (excluding high income)
- 26 Costa Rica 16.6% compare
- 27 Malaysia 15.6% compare
- 28 Mozambique 15.1% compare
- 29 Iceland 14.9% compare
- 30 Namibia 14.7% compare
- 31 El Salvador 14.3% compare
- 32 Papua New Guinea 14.2% compare
More public sector data for Europe & Central Asia (excluding high income)
- Arms imports 6.55 billion SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 26.15 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0027 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 13.15 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 6.55 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 410.43 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0419 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 6.61 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 102.77 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 979.77 SIPRI trend indicator values per square kilometre (2023)
All data for Europe & Central Asia (excluding high income) →
Frequently asked questions
- What is interest payments in Europe & Central Asia (excluding high income)?
- Interest payments in Europe & Central Asia (excluding high income) was 5.5% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest interest payments recorded in Europe & Central Asia (excluding high income)?
- The highest recorded value was 5.5% in 2024.
- What is the lowest interest payments recorded in Europe & Central Asia (excluding high income)?
- The lowest recorded value was 1.4% in 2008.
- How does Europe & Central Asia (excluding high income) rank for interest payments?
- Europe & Central Asia (excluding high income) ranks 29th out of 41 groups with data for 2024.
- Is interest payments rising or falling in Europe & Central Asia (excluding high income)?
- Over the last ten years it is up 82.2%. The long-run trend across the full record is rising.
- Where does this Europe & Central Asia (excluding high income) 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.