Interest payments (% of revenue) in Small states
Small states: Interest payments (% of revenue) was 1.8% in 2022. ▲ Rising
Interest payments in Small states, 1976–2022
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 Small states is 1.8%, measured in 2022.
Compared with earlier readings it is down 57.5% on the previous year and down 55.2% over ten years.
Over the whole period, interest payments in Small states peaked at 8.9% in 2001 and was at its lowest, 1.5%, in 1977.
That places Small states 41st out of 41 groups with data for 2022, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 35 years of available data.
Interest payments (% of revenue) in Small states, year by year
| Year | % of revenue | Change |
|---|---|---|
| 1976 | 1.9% | — |
| 1977 | 1.5% | -20.8% |
| 1978 | 2.5% | +73.1% |
| 1979 | 3.1% | +19.8% |
| 1980 | 2.0% | -35.3% |
| 1981 | 2.5% | +26.8% |
| 1991 | 7.8% | +211.2% |
| 1995 | 6.2% | -20.3% |
| 1996 | 7.4% | +19.5% |
| 1997 | 6.7% | -10.0% |
| 1998 | 7.1% | +6.1% |
| 1999 | 2.6% | -63.0% |
| 2000 | 3.4% | +31.7% |
| 2001 | 8.9% | +159.7% |
| 2002 | 8.8% | -1.9% |
| 2003 | 8.4% | -4.3% |
| 2004 | 8.1% | -4.0% |
| 2005 | 7.9% | -2.0% |
| 2006 | 6.1% | -23.0% |
| 2007 | 6.5% | +6.3% |
| 2008 | 5.0% | -22.3% |
| 2009 | 5.7% | +13.9% |
| 2010 | 4.8% | -17.0% |
| 2011 | 4.8% | +1.7% |
| 2012 | 4.0% | -17.7% |
| 2013 | 6.2% | +57.0% |
| 2014 | 5.0% | -19.6% |
| 2015 | 4.0% | -19.8% |
| 2016 | 6.7% | +67.1% |
| 2017 | 5.2% | -23.1% |
| 2018 | 5.9% | +13.8% |
| 2019 | 5.0% | -15.2% |
| 2020 | 5.2% | +3.6% |
| 2021 | 4.2% | -19.0% |
| 2022 | 1.8% | -57.5% |
Biggest year-on-year movements
Years where Interest payments (% of revenue) in Small states changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1991 | +211.2% | 2.5% | 7.8% |
| 2001 | +159.7% | 3.4% | 8.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.2% | 1.5% | 3.1% | 4 |
| 1980s | 2.2% | 2.0% | 2.5% | 2 |
| 1990s | 6.3% | 2.6% | 7.8% | 6 |
| 2000s | 6.9% | 3.4% | 8.9% | 10 |
| 2010s | 5.2% | 4.0% | 6.7% | 10 |
| 2020s | 3.7% | 1.8% | 5.2% | 3 |
Countries ranked near Small states
More public sector data for Small states
- Arms imports 100.00 million SIPRI trend indicator values (2023)
- Arms imports (SIPRI trend indicator values), per capita 8.25 SIPRI trend indicator values per person (2021)
- Arms imports (SIPRI trend indicator values), gaps filled 162.00 million SIPRI trend indicator values (2021)
- Arms imports (SIPRI trend indicator values), per square kilometre 215.46 SIPRI trend indicator values per square kilometre (2021)
- Tax revenue 20.5% (2019)
- Taxes on income, profits and capital gains 24.1% (2022)
- Taxes on goods and services 33.4% (2022)
- Net investment in nonfinancial assets 3.0% (2019)
- Net lending (+) / net borrowing (-) -2.2% (2019)
- Grants and other revenue 12.8% (2022)
Frequently asked questions
- What is interest payments in Small states?
- Interest payments in Small states was 1.8% in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest interest payments recorded in Small states?
- The highest recorded value was 8.9% in 2001.
- What is the lowest interest payments recorded in Small states?
- The lowest recorded value was 1.5% in 1977.
- How does Small states rank for interest payments?
- Small states ranks 41st out of 41 groups with data for 2022.
- Is interest payments rising or falling in Small states?
- Over the last ten years it is down 55.2%. The long-run trend across the full record is rising.
- Where does this Small states 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.