Interest payments in Samoa
Samoa: Interest payments was 1.2% in 2023. ▼ Falling
Interest payments in Samoa, 2012–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
The most recent figure for interest payments in Samoa is 1.2%, measured in 2023.
The figure is up 8.1% on the previous year and down 54.9% over ten years.
Over the whole period, interest payments in Samoa peaked at 3.0% in 2015 and was at its lowest, 0.8%, in 2021.
That places Samoa 140th out of 155 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 12 years of available data.
Interest payments in Samoa, year by year
| Year | % of revenue | Change |
|---|---|---|
| 2012 | 2.7% | — |
| 2013 | 2.8% | +1.6% |
| 2014 | 2.4% | -11.8% |
| 2015 | 3.0% | +21.4% |
| 2016 | 2.7% | -7.7% |
| 2017 | 2.3% | -15.5% |
| 2018 | 2.3% | -1.2% |
| 2019 | 1.9% | -14.8% |
| 2020 | 1.7% | -13.5% |
| 2021 | 0.8% | -54.4% |
| 2022 | 1.2% | +50.5% |
| 2023 | 1.2% | +8.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 2.5% | 1.9% | 3.0% | 8 |
| 2020s | 1.2% | 0.8% | 1.7% | 4 |
Countries ranked near Samoa
More public sector data for Samoa
- Tax revenue 24.0% (2023)
- Taxes on income, profits and capital gains 13.8% (2023)
- Taxes on goods and services 45.1% (2023)
- Net investment in nonfinancial assets 4.6% (2023)
- Net lending (+) / net borrowing (-) 4.4% (2023)
- Grants and other revenue 31.5% (2023)
- Interest payments 1.7% (2023)
- Other taxes 0.0% (2023)
- Compensation of employees 46.1% (2023)
- Goods and services expense 44.8% (2023)
Frequently asked questions
- What is interest payments in Samoa?
- Interest payments in Samoa was 1.2% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest interest payments recorded in Samoa?
- The highest recorded value was 3.0% in 2015.
- What is the lowest interest payments recorded in Samoa?
- The lowest recorded value was 0.8% in 2021.
- How does Samoa rank for interest payments?
- Samoa ranks 140th out of 155 countries with data for 2023.
- Is interest payments rising or falling in Samoa?
- Over the last ten years it is down 54.9%. The long-run trend across the full record is falling.
- Where does this Samoa 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 — 12 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.