Interest payments in Jordan
Jordan: Interest payments was 18.6% in 2023. ▲ Rising
Interest payments in Jordan, 1990–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
Jordan recorded 18.6% for interest payments in 2023.
That represents a change of up 16.3% on the previous year and up 45.6% over ten years.
Over the whole period, interest payments in Jordan peaked at 20.3% in 1990 and was at its lowest, 5.8%, in 2004.
That places Jordan 22nd out of 155 countries with data for 2023, putting it in the top quarter.
The long-run direction has been consistently rising across the 34 years of available data.
Interest payments in Jordan, year by year
| Year | % of revenue | Change |
|---|---|---|
| 1990 | 20.3% | — |
| 1991 | 18.2% | -10.6% |
| 1992 | 12.5% | -31.3% |
| 1993 | 9.5% | -23.9% |
| 1994 | 8.2% | -14.0% |
| 1995 | 8.8% | +7.1% |
| 1996 | 9.7% | +10.5% |
| 1997 | 13.2% | +36.7% |
| 1998 | 11.8% | -10.6% |
| 1999 | 11.3% | -4.7% |
| 2000 | 12.0% | +6.3% |
| 2001 | 11.5% | -4.2% |
| 2002 | 9.1% | -20.9% |
| 2003 | 7.2% | -20.6% |
| 2004 | 5.8% | -19.0% |
| 2005 | 6.8% | +15.6% |
| 2006 | 7.7% | +13.4% |
| 2007 | 8.1% | +5.4% |
| 2008 | 8.0% | -1.3% |
| 2009 | 8.7% | +8.8% |
| 2010 | 8.5% | -1.7% |
| 2011 | 7.9% | -6.9% |
| 2012 | 11.5% | +45.4% |
| 2013 | 12.8% | +10.9% |
| 2014 | 12.7% | -0.4% |
| 2015 | 13.5% | +5.7% |
| 2016 | 11.8% | -12.2% |
| 2017 | 11.5% | -2.4% |
| 2018 | 12.4% | +7.4% |
| 2019 | 14.4% | +16.0% |
| 2020 | 17.7% | +23.2% |
| 2021 | 17.3% | -2.4% |
| 2022 | 16.0% | -7.2% |
| 2023 | 18.6% | +16.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 12.4% | 8.2% | 20.3% | 10 |
| 2000s | 8.5% | 5.8% | 12.0% | 10 |
| 2010s | 11.7% | 7.9% | 14.4% | 10 |
| 2020s | 17.4% | 16.0% | 18.6% | 4 |
Countries ranked near Jordan
- 19 Bahamas 20.0% compare
- 20 Dominican Republic 19.3% compare
- 21 Gabon 18.9% compare
- 23 South Africa 18.2% compare
- 24 Côte d'Ivoire 18.0% compare
- 25 Philippines 17.3% compare
More public sector data for Jordan
- Arms imports 24.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 2.08 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0004 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 50 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 24.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 221.61 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0437 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 4.49 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 2.56 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 180.19 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is interest payments in Jordan?
- Interest payments in Jordan was 18.6% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest interest payments recorded in Jordan?
- The highest recorded value was 20.3% in 1990.
- What is the lowest interest payments recorded in Jordan?
- The lowest recorded value was 5.8% in 2004.
- How does Jordan rank for interest payments?
- Jordan ranks 22nd out of 155 countries with data for 2023.
- Is interest payments rising or falling in Jordan?
- Over the last ten years it is up 45.6%. The long-run trend across the full record is rising.
- Where does this Jordan 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.