Interest payments in South Asia
South Asia: Interest payments was 43.9% in 2023. ▼ Falling
Interest payments in South Asia, 1990–2023
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 South Asia is 43.9%, measured in 2023.
Compared with earlier readings it is down 21.3% on the previous year and up 105.1% over ten years.
Over the whole period, interest payments in South Asia peaked at 55.9% in 2022 and was at its lowest, 19.0%, in 2019.
That places South Asia 1st out of 41 groups with data for 2023, putting it in the top 10%.
The long-run direction has been consistently falling across the 34 years of available data.
Interest payments in South Asia, year by year
| Year | % of revenue | Change |
|---|---|---|
| 1990 | 27.7% | — |
| 1991 | 27.6% | -0.6% |
| 1992 | 28.5% | +3.6% |
| 1993 | 30.6% | +7.1% |
| 1994 | 32.9% | +7.6% |
| 1995 | 26.3% | -20.0% |
| 1996 | 31.8% | +20.7% |
| 1997 | 32.1% | +1.0% |
| 1998 | 30.1% | -6.1% |
| 1999 | 30.7% | +1.7% |
| 2000 | 32.9% | +7.3% |
| 2001 | 27.4% | -16.7% |
| 2002 | 28.0% | +2.1% |
| 2003 | 26.4% | -5.7% |
| 2004 | 24.1% | -8.5% |
| 2005 | 22.7% | -5.8% |
| 2006 | 22.4% | -1.6% |
| 2007 | 22.0% | -1.5% |
| 2008 | 24.2% | +9.7% |
| 2009 | 25.1% | +3.8% |
| 2010 | 20.6% | -18.1% |
| 2011 | 19.4% | -5.8% |
| 2012 | 20.8% | +7.5% |
| 2013 | 21.4% | +2.9% |
| 2014 | 22.8% | +6.4% |
| 2015 | 22.8% | +0.0% |
| 2016 | 21.3% | -6.5% |
| 2017 | 21.5% | +0.8% |
| 2018 | 20.5% | -4.4% |
| 2019 | 19.0% | -7.3% |
| 2020 | 21.1% | +10.8% |
| 2021 | 20.8% | -1.2% |
| 2022 | 55.9% | +168.3% |
| 2023 | 43.9% | -21.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 29.8% | 26.3% | 32.9% | 10 |
| 2000s | 25.5% | 22.0% | 32.9% | 10 |
| 2010s | 21.0% | 19.0% | 22.8% | 10 |
| 2020s | 35.4% | 20.8% | 55.9% | 4 |
Countries ranked near South Asia
More public sector data for South Asia
- Arms imports 1.26 billion SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 0.7506 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0003 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -19.55 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 1.26 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 54.8 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0211 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 4.84 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 91.92 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 467.61 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is interest payments in South Asia?
- Interest payments in South Asia was 43.9% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest interest payments recorded in South Asia?
- The highest recorded value was 55.9% in 2022.
- What is the lowest interest payments recorded in South Asia?
- The lowest recorded value was 19.0% in 2019.
- How does South Asia rank for interest payments?
- South Asia ranks 1st out of 41 groups with data for 2023.
- Is interest payments rising or falling in South Asia?
- Over the last ten years it is up 105.1%. The long-run trend across the full record is falling.
- Where does this South Asia 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.