Interest payments in Saudi Arabia
Saudi Arabia: Interest payments was 3.5% in 2024. ◆ Volatile
Interest payments in Saudi Arabia, 2010–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
Saudi Arabia recorded 3.5% for interest payments in 2024. That is the highest value across all 15 years on record.
Compared with earlier readings it is up 13.5% on the previous year and up 943.5% over ten years.
Over the whole period, interest payments in Saudi Arabia peaked at 3.5% in 2024 and was at its lowest, 0.3%, in 2014.
Saudi Arabia ranks 105th of 155 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Interest payments in Saudi Arabia, year by year
| Year | % of revenue | Change |
|---|---|---|
| 2010 | 1.5% | — |
| 2011 | 0.7% | -52.3% |
| 2012 | 0.5% | -30.3% |
| 2013 | 0.4% | -18.4% |
| 2014 | 0.3% | -15.1% |
| 2015 | 0.4% | +25.5% |
| 2016 | 1.0% | +123.8% |
| 2017 | 1.3% | +37.1% |
| 2018 | 1.7% | +26.8% |
| 2019 | 2.3% | +37.6% |
| 2020 | 3.1% | +37.2% |
| 2021 | 2.8% | -9.3% |
| 2022 | 2.4% | -15.7% |
| 2023 | 3.1% | +30.4% |
| 2024 | 3.5% | +13.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1.0% | 0.3% | 2.3% | 10 |
| 2020s | 3.0% | 2.4% | 3.5% | 5 |
Countries ranked near Saudi Arabia
More public sector data for Saudi Arabia
- Arms imports 1.11 billion SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 31.47 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0009 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -14.27 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 1.11 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 2,276 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0641 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 3.3 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 80.33 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 602.88 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is interest payments in Saudi Arabia?
- Interest payments in Saudi Arabia was 3.5% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest interest payments recorded in Saudi Arabia?
- The highest recorded value was 3.5% in 2024.
- What is the lowest interest payments recorded in Saudi Arabia?
- The lowest recorded value was 0.3% in 2014.
- How does Saudi Arabia rank for interest payments?
- Saudi Arabia ranks 105th out of 155 countries with data for 2024.
- Is interest payments rising or falling in Saudi Arabia?
- Over the last ten years it is up 943.5%. The long-run trend across the full record is volatile.
- Where does this Saudi Arabia 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.