Euro area | 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
Euro area
Records
63
Source
Euro area | Interest payments (% of expense)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973 3.03234501
1974 2.3584393
1975 2.43984868
1976 3.14347742
1977 3.05256779
1978 3.78303305
1979 4.01140065
1980 4.4029145
1981 4.58174607
1982 4.52664149
1983 5.90658442
1984 6.95491044
1985 8.35990692
1986 9.5791754
1987 8.92976348
1988 9.04561069
1989 9.10212593
1990 9.46361789
1991 8.88182565
1992 9.51805258
1993 9.33036299
1994 9.27582439
1995 7.51815374
1996 7.95887554
1997 8.52754373
1998 8.17459572
1999 7.48920433
2000 7.52777476
2001 6.97327455
2002 6.04828412
2003 5.76750588
2004 5.7225547
2005 5.1513422
2006 4.57214822
2007 4.52577708
2008 4.71296938
2009 4.54552005
2010 4.60680701
2011 5.17472786
2012 5.77753658
2013 5.44624907
2014 5.41017105
2015 5.22899736
2016 4.72775612
2017 4.19219208
2018 3.64430175
2019 3.25372622
2020 2.75900108
2021 2.74003008
2022

Euro area | 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
Euro area
Records
63
Source