Interest payments in Saint Kitts and Nevis
Saint Kitts and Nevis: Interest payments was 2.7% in 2020. ▼ Falling
Interest payments in Saint Kitts and Nevis, 1990–2020
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
Saint Kitts and Nevis recorded 2.7% for interest payments in 2020. That is the lowest value across all 24 years on record.
The figure is down 45.6% on the previous year and down 88.6% over ten years.
Over the whole period, interest payments in Saint Kitts and Nevis peaked at 23.3% in 2010 and was at its lowest, 2.7%, in 2020.
Saint Kitts and Nevis ranks 121st of 155 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 24 years of available data.
Interest payments in Saint Kitts and Nevis, year by year
| Year | % of revenue | Change |
|---|---|---|
| 1990 | 11.7% | — |
| 1991 | 13.6% | +16.1% |
| 1992 | 12.1% | -11.0% |
| 1993 | 10.1% | -16.7% |
| 1994 | 7.9% | -21.5% |
| 2000 | 16.2% | +104.5% |
| 2001 | 18.1% | +11.6% |
| 2002 | 8.3% | -53.9% |
| 2003 | 8.6% | +3.3% |
| 2004 | 8.0% | -7.0% |
| 2005 | 11.0% | +37.0% |
| 2006 | 10.8% | -1.7% |
| 2007 | 9.8% | -9.6% |
| 2008 | 22.5% | +130.0% |
| 2009 | 20.4% | -9.2% |
| 2010 | 23.3% | +14.4% |
| 2011 | 17.5% | -24.9% |
| 2012 | 14.0% | -19.8% |
| 2013 | 8.4% | -39.9% |
| 2014 | 8.1% | -3.7% |
| 2015 | 5.0% | -38.2% |
| 2016 | 21.0% | +319.0% |
| 2017 | 4.9% | -76.8% |
| 2020 | 2.7% | -45.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 11.1% | 7.9% | 13.6% | 5 |
| 2000s | 13.4% | 8.0% | 22.5% | 10 |
| 2010s | 12.8% | 4.9% | 23.3% | 8 |
| 2020s | 2.7% | 2.7% | 2.7% | 1 |
Countries ranked near Saint Kitts and Nevis
More public sector data for Saint Kitts and Nevis
- Tax revenue 15.0% (2020)
- Capital stock, General government, Current prices, Domestic currency 2.15 (2019)
- Taxes on income, profits and capital gains 15.5% (2020)
- Capital stock, General government, Constant prices, Percent of GDP 89.02 (2019)
- Capital stock, General government, Constant prices, Purchasing power 1.04 (2019)
- Taxes on goods and services 21.0% (2020)
- Net investment in nonfinancial assets 5.1% (2020)
- Capital stock, General government, Current prices, Domestic currency 0 units per person (2019)
- Capital stock, General government, Current prices, Domestic currency 0 units per US$ of GDP (2019)
- Net lending (+) / net borrowing (-) -2.3% (2020)
Frequently asked questions
- What is interest payments in Saint Kitts and Nevis?
- Interest payments in Saint Kitts and Nevis was 2.7% in 2020, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest interest payments recorded in Saint Kitts and Nevis?
- The highest recorded value was 23.3% in 2010.
- What is the lowest interest payments recorded in Saint Kitts and Nevis?
- The lowest recorded value was 2.7% in 2020.
- How does Saint Kitts and Nevis rank for interest payments?
- Saint Kitts and Nevis ranks 121st out of 155 countries with data for 2020.
- Is interest payments rising or falling in Saint Kitts and Nevis?
- Over the last ten years it is down 88.6%. The long-run trend across the full record is falling.
- Where does this Saint Kitts and Nevis 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 — 24 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.