Euro area | 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
Euro area
Records
63
Source
Euro area | Interest payments (% of revenue)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
2.69913628 1973
2.13982842 1974
2.56166293 1975
3.25281192 1976
3.02984738 1977
3.92472064 1978
4.16748309 1979
4.54575966 1980
4.89000278 1981
5.95220339 1982
6.48884206 1983
7.39217016 1984
9.91611422 1985
10.41807301 1986
9.68474987 1987
9.64248566 1988
9.65463799 1989
9.65317658 1990
5.59365944 1991
8.15464699 1992
9.7845879 1993
8.54533495 1994
8.73327516 1995
8.75677177 1996
8.97532952 1997
8.14876704 1998
7.46321727 1999
7.15781137 2000
6.66975551 2001
6.47621937 2002
6.18335992 2003
6.09719437 2004
5.15157032 2005
4.50834995 2006
4.48 2007
4.56430052 2008
5.56632461 2009
5.46790705 2010
5.65879898 2011
5.99976256 2012
5.79622622 2013
5.38859692 2014
5.12991638 2015
4.67080873 2016
4.13820667 2017
3.78496605 2018
3.29477699 2019
3.15489672 2020
3.10942178 2021
2022
Euro area | 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
Euro area
Records
63
Source