European Union | 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
European Union
Records
63
Source
European Union | Interest payments (% of revenue)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975 2.56166293
1976 3.15342791
1977
1978 4.09164135
1979 5.07261215
1980 5.08963053
1981 4.89000278
1982 5.95220339
1983 6.48884206
1984 7.15979927
1985 8.90766335
1986 9.39537376
1987 9.57683742
1988 9.54637658
1989 9.65463799
1990 9.96799488
1991 7.33877551
1992 9.68575913
1993 9.57463718
1994 9.92404545
1995 8.85238235
1996 8.22230796
1997 9.98233278
1998 9.61073663
1999 7.62154634
2000 7.89193156
2001 6.73537763
2002 7.03943539
2003 6.08720977
2004 5.8420016
2005 4.79173586
2006 4.3892767
2007 4.19116846
2008 4.00161273
2009 5.56632461
2010 5.46790705
2011 5.65879898
2012 5.99976256
2013 5.79622622
2014 5.38859692
2015 5.01865016
2016 4.60650321
2017 4.13820667
2018 3.65652054
2019 3.29477699
2020 3.15489672
2021 2.9260085
2022

European Union | 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
European Union
Records
63
Source