Interest payments in Late-demographic dividend
Late-demographic dividend: Interest payments was 5.5% in 2024. ▼ Falling
Interest payments in Late-demographic dividend, 1995–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
Late-demographic dividend recorded 5.5% for interest payments in 2024.
That represents a change of down 1.9% on the previous year and down 0.9% over ten years.
Over the whole period, interest payments in Late-demographic dividend peaked at 12.4% in 1999 and was at its lowest, 4.1%, in 2022.
Late-demographic dividend ranks 29th of 41 groups on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 30 years of available data.
Interest payments in Late-demographic dividend, year by year
| Year | % of revenue | Change |
|---|---|---|
| 1995 | 6.1% | — |
| 1996 | 6.8% | +11.8% |
| 1997 | 10.8% | +58.3% |
| 1998 | 11.4% | +5.9% |
| 1999 | 12.4% | +8.1% |
| 2000 | 11.6% | -5.8% |
| 2001 | 10.6% | -8.7% |
| 2002 | 10.2% | -4.3% |
| 2003 | 9.5% | -6.9% |
| 2004 | 8.1% | -14.8% |
| 2005 | 6.1% | -24.9% |
| 2006 | 5.2% | -13.7% |
| 2007 | 4.4% | -16.3% |
| 2008 | 4.2% | -4.7% |
| 2009 | 5.8% | +38.8% |
| 2010 | 5.5% | -4.3% |
| 2011 | 5.8% | +4.6% |
| 2012 | 5.8% | +0.1% |
| 2013 | 6.0% | +2.8% |
| 2014 | 5.6% | -6.7% |
| 2015 | 5.9% | +5.9% |
| 2016 | 7.3% | +24.3% |
| 2017 | 6.2% | -15.3% |
| 2018 | 5.8% | -6.3% |
| 2019 | 5.4% | -7.1% |
| 2020 | 5.0% | -7.5% |
| 2021 | 4.9% | -0.9% |
| 2022 | 4.1% | -17.1% |
| 2023 | 5.6% | +36.8% |
| 2024 | 5.5% | -1.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 9.5% | 6.1% | 12.4% | 5 |
| 2000s | 7.6% | 4.2% | 11.6% | 10 |
| 2010s | 5.9% | 5.4% | 7.3% | 10 |
| 2020s | 5.0% | 4.1% | 5.6% | 5 |
Countries ranked near Late-demographic dividend
- 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 Late-demographic dividend
- Arms imports 6.92 billion SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 2.97 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0002 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -9.75 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 6.92 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 259.7 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0202 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 14.9 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 604.82 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 172.06 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is interest payments in Late-demographic dividend?
- Interest payments in Late-demographic dividend 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 Late-demographic dividend?
- The highest recorded value was 12.4% in 1999.
- What is the lowest interest payments recorded in Late-demographic dividend?
- The lowest recorded value was 4.1% in 2022.
- How does Late-demographic dividend rank for interest payments?
- Late-demographic dividend ranks 29th out of 41 groups with data for 2024.
- Is interest payments rising or falling in Late-demographic dividend?
- Over the last ten years it is down 0.9%. The long-run trend across the full record is falling.
- Where does this Late-demographic dividend 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.