Interest payments in Europe & Central Asia
Europe & Central Asia: Interest payments was 3.1% in 2024. ▼ Falling
Interest payments in Europe & Central Asia, 1994–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
Europe & Central Asia recorded 3.1% for interest payments in 2024.
The figure is down 8.1% on the previous year and down 34.7% over ten years.
Over the whole period, interest payments in Europe & Central Asia peaked at 10.2% in 1997 and was at its lowest, 3.1%, in 2021.
That places Europe & Central Asia 36th out of 41 groups with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 31 years of available data.
Interest payments in Europe & Central Asia, year by year
| Year | % of revenue | Change |
|---|---|---|
| 1994 | 8.1% | — |
| 1995 | 9.5% | +17.3% |
| 1996 | 9.8% | +3.2% |
| 1997 | 10.2% | +4.3% |
| 1998 | 9.6% | -6.4% |
| 1999 | 8.1% | -15.8% |
| 2000 | 7.9% | -2.7% |
| 2001 | 6.9% | -12.2% |
| 2002 | 6.5% | -5.9% |
| 2003 | 6.0% | -8.0% |
| 2004 | 5.1% | -14.8% |
| 2005 | 4.3% | -15.4% |
| 2006 | 4.0% | -7.5% |
| 2007 | 3.3% | -17.4% |
| 2008 | 3.2% | -2.7% |
| 2009 | 4.0% | +24.9% |
| 2010 | 4.2% | +4.5% |
| 2011 | 4.5% | +6.9% |
| 2012 | 4.8% | +7.5% |
| 2013 | 4.9% | +2.7% |
| 2014 | 4.7% | -4.2% |
| 2015 | 4.5% | -5.1% |
| 2016 | 4.6% | +2.2% |
| 2017 | 4.0% | -11.6% |
| 2018 | 3.8% | -5.0% |
| 2019 | 3.7% | -3.8% |
| 2020 | 3.7% | -1.3% |
| 2021 | 3.1% | -15.7% |
| 2022 | 3.3% | +6.1% |
| 2023 | 3.4% | +2.8% |
| 2024 | 3.1% | -8.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 9.2% | 8.1% | 10.2% | 6 |
| 2000s | 5.1% | 3.2% | 7.9% | 10 |
| 2010s | 4.4% | 3.7% | 4.9% | 10 |
| 2020s | 3.3% | 3.1% | 3.7% | 5 |
Countries ranked near Europe & Central Asia
- 33 Seychelles 14.1% compare
- 34 Togo 14.0% compare
- 35 Colombia 13.9% compare
- 36 Tanzania, United Republic of 13.9% compare
- 37 Fiji 13.9% compare
- 38 Saint Lucia 13.6% compare
- 39 Zimbabwe 13.5% compare
More public sector data for Europe & Central Asia
- Arms imports 14.17 billion SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 15.26 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0005 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 23.95 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 14.17 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 774.37 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0245 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 19.52 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 719.05 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 416.81 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is interest payments in Europe & Central Asia?
- Interest payments in Europe & Central Asia was 3.1% 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?
- The highest recorded value was 10.2% in 1997.
- What is the lowest interest payments recorded in Europe & Central Asia?
- The lowest recorded value was 3.1% in 2021.
- How does Europe & Central Asia rank for interest payments?
- Europe & Central Asia ranks 36th out of 41 groups with data for 2024.
- Is interest payments rising or falling in Europe & Central Asia?
- Over the last ten years it is down 34.7%. The long-run trend across the full record is falling.
- Where does this Europe & Central Asia 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.