Cyprus | Interest payments (% of revenue)

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 revenue)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972 4.25978988
1973 4.46028851
1974 3.9921466
1975 4.44477701
1976 5.24777637
1977 6.16566717
1978 6.71608861
1979 8.19300044
1980 8.4605195
1981 10.31886625
1982 11.72132123
1983 14.53266819
1984 15.24399105
1985 14.9335659
1986 14.71622889
1987 15.73416705
1988 15.58347021
1989 15.47257544
1990 16.06489044
1991 17.87484297
1992 16.3927489
1993 16.41601356
1994 16.21505865
1995 6.18074257
1996 7.49206621
1997 7.89495658
1998 9.61222355
1999 9.53102428
2000 9.88078035
2001 9.56210903
2002 9.00417882
2003 9.15829581
2004 8.46418265
2005 8.23756927
2006 7.70982378
2007 6.77978236
2008 6.55258936
2009 6.02609763
2010 4.97611465
2011 5.60225279
2012 9.06375364
2013 8.8126415
2014 8.27695116
2015 8.11407839
2016 7.14668365
2017 6.59713751
2018 6.19765729
2019 5.76654952
2020 5.55204259
2021 4.52590162
2022

Cyprus | Interest payments (% of revenue)

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