Interest payments in IDA & IBRD total
IDA & IBRD total: Interest payments was 9.8% in 2023. ▲ Rising
Interest payments in IDA & IBRD total, 2003–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
In 2023, interest payments in IDA & IBRD total stood at 9.8%.
The figure is up 21.9% on the previous year and up 86.1% over ten years.
Over the whole period, interest payments in IDA & IBRD total peaked at 10.2% in 2003 and was at its lowest, 4.6%, in 2010.
IDA & IBRD total ranks 18th of 41 groups on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 20 years of available data.
Interest payments in IDA & IBRD total, year by year
| Year | % of revenue | Change |
|---|---|---|
| 2003 | 10.2% | — |
| 2004 | 9.4% | -8.0% |
| 2006 | 7.2% | -23.4% |
| 2007 | 5.6% | -21.6% |
| 2008 | 4.9% | -12.7% |
| 2009 | 5.9% | +19.6% |
| 2010 | 4.6% | -21.4% |
| 2011 | 5.1% | +9.7% |
| 2012 | 4.9% | -2.3% |
| 2013 | 5.3% | +6.3% |
| 2014 | 5.0% | -4.5% |
| 2015 | 6.2% | +23.1% |
| 2016 | 7.4% | +20.0% |
| 2017 | 7.6% | +2.9% |
| 2018 | 8.6% | +13.2% |
| 2019 | 7.8% | -10.2% |
| 2020 | 8.9% | +14.7% |
| 2021 | 7.8% | -12.0% |
| 2022 | 8.0% | +2.5% |
| 2023 | 9.8% | +21.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 7.2% | 4.9% | 10.2% | 6 |
| 2010s | 6.3% | 4.6% | 8.6% | 10 |
| 2020s | 8.6% | 7.8% | 9.8% | 4 |
Countries ranked near IDA & IBRD total
- 15 Guinea-Bissau 21.0% compare
- 16 Bangladesh 20.8% compare
- 17 United States of America 20.3% compare
- 18 Mexico 20.0% compare
- 19 Bahamas 20.0% compare
- 20 Dominican Republic 19.3% compare
- 21 Gabon 18.9% compare
More public sector data for IDA & IBRD total
- Arms imports 13.54 billion SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 1.96 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0003 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -17.98 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 13.54 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 129.18 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0205 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 12.08 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 894.64 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 171.81 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is interest payments in IDA & IBRD total?
- Interest payments in IDA & IBRD total was 9.8% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest interest payments recorded in IDA & IBRD total?
- The highest recorded value was 10.2% in 2003.
- What is the lowest interest payments recorded in IDA & IBRD total?
- The lowest recorded value was 4.6% in 2010.
- How does IDA & IBRD total rank for interest payments?
- IDA & IBRD total ranks 18th out of 41 groups with data for 2023.
- Is interest payments rising or falling in IDA & IBRD total?
- Over the last ten years it is up 86.1%. The long-run trend across the full record is rising.
- Where does this IDA & IBRD total 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.