Interest payments in Europe & Central Asia (IDA & IBRD countries)
Europe & Central Asia (IDA & IBRD countries): Interest payments was 5.5% in 2024. ◆ Volatile
Interest payments in Europe & Central Asia (IDA & IBRD countries), 1998–2024
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 (IDA & IBRD countries) stood at 5.5%.
The figure is up 9.3% on the previous year and up 76.8% over ten years.
Over the whole period, interest payments in Europe & Central Asia (IDA & IBRD countries) peaked at 13.4% in 1998 and was at its lowest, 1.9%, in 2007.
Europe & Central Asia (IDA & IBRD countries) ranks 29th of 41 groups on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Interest payments in Europe & Central Asia (IDA & IBRD countries), year by year
| Year | % of revenue | Change |
|---|---|---|
| 1998 | 13.4% | — |
| 1999 | 9.8% | -26.8% |
| 2002 | 7.0% | -28.8% |
| 2003 | 6.0% | -14.6% |
| 2004 | 4.9% | -17.6% |
| 2005 | 3.4% | -30.0% |
| 2006 | 2.6% | -24.8% |
| 2007 | 1.9% | -25.0% |
| 2008 | 2.0% | +1.1% |
| 2009 | 2.3% | +14.8% |
| 2010 | 2.7% | +19.1% |
| 2011 | 3.3% | +21.1% |
| 2012 | 3.6% | +11.2% |
| 2013 | 3.2% | -10.7% |
| 2014 | 3.1% | -3.6% |
| 2015 | 4.4% | +42.6% |
| 2016 | 4.3% | -3.5% |
| 2017 | 4.4% | +2.6% |
| 2018 | 4.3% | -2.7% |
| 2019 | 4.1% | -5.0% |
| 2020 | 4.5% | +12.0% |
| 2021 | 4.7% | +3.4% |
| 2022 | 3.8% | -18.4% |
| 2023 | 5.0% | +31.3% |
| 2024 | 5.5% | +9.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 11.6% | 9.8% | 13.4% | 2 |
| 2000s | 3.8% | 1.9% | 7.0% | 8 |
| 2010s | 3.7% | 2.7% | 4.4% | 10 |
| 2020s | 4.7% | 3.8% | 5.5% | 5 |
Countries ranked near Europe & Central Asia (IDA & IBRD countries)
- 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 (IDA & IBRD countries)
- Arms imports 8.83 billion SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 19.2 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0014 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 13.61 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 8.83 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 657.44 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0492 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 25.48 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 302.41 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 338.22 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is interest payments in Europe & Central Asia (IDA & IBRD countries)?
- Interest payments in Europe & Central Asia (IDA & IBRD countries) 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 (IDA & IBRD countries)?
- The highest recorded value was 13.4% in 1998.
- What is the lowest interest payments recorded in Europe & Central Asia (IDA & IBRD countries)?
- The lowest recorded value was 1.9% in 2007.
- How does Europe & Central Asia (IDA & IBRD countries) rank for interest payments?
- Europe & Central Asia (IDA & IBRD countries) ranks 29th out of 41 groups with data for 2024.
- Is interest payments rising or falling in Europe & Central Asia (IDA & IBRD countries)?
- Over the last ten years it is up 76.8%. The long-run trend across the full record is volatile.
- Where does this Europe & Central Asia (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 — 25 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.