Cyprus | Interest payments (% of expense)
Interest payments include interest payments on government debt--including long-term bonds, long-term loans, and other debt instruments--to domestic and foreign residents. Limitations and exceptions: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries. Statistical concept and methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.
Publisher
The World Bank
Origin
Republic of Cyprus
Records
63
Source
Cyprus | Interest payments (% of expense)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972 4.80189492
1973 4.33311856
1974 3.32108344
1975 3.82485512
1976 4.77898635
1977 6.66194189
1978 6.3279561
1979 7.89640816
1980 7.88301583
1981 9.30387329
1982 10.7808454
1983 12.0830693
1984 14.71248247
1985 14.44091676
1986 15.5114451
1987 14.87174225
1988 15.09983361
1989 15.77674209
1990 15.13198037
1991 15.92208655
1992 15.56733391
1993 16.92069367
1994 17.0327047
1995 6.67016056
1996 7.68317354
1997 7.56097561
1998 8.89634189
1999 8.85462699
2000 9.74610245
2001 9.49244583
2002 8.48103773
2003 8.29724471
2004 8.04736831
2005 8.07775063
2006 7.77642562
2007 7.57733361
2008 6.88706028
2009 5.52536978
2010 4.61479636
2011 4.97211896
2012 7.81112037
2013 7.54383438
2014 6.69087076
2015 7.84484953
2016 7.20730629
2017 6.99408388
2018 6.01625655
2019 6.0047357
2020 4.87568089
2021 4.37410064
2022
Cyprus | Interest payments (% of expense)
Interest payments include interest payments on government debt--including long-term bonds, long-term loans, and other debt instruments--to domestic and foreign residents. Limitations and exceptions: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries. Statistical concept and methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.
Publisher
The World Bank
Origin
Republic of Cyprus
Records
63
Source