High income | 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
High income
Records
63
Source
High income | Interest payments (% of revenue)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
2.98005698 1973
2.88232054 1974
3.15721649 1975
4.10074277 1976
4.25516148 1977
4.65230167 1978
5.30133929 1979
6.54698422 1980
5.68882918 1981
6.14372203 1982
6.48884206 1983
7.80537628 1984
9.90876855 1985
10.0242095 1986
9.79266232 1987
9.73859475 1988
9.34235054 1989
9.35094868 1990
7.10536549 1991
6.9426896 1992
6.7944549 1993
7.15628401 1994
7.42723957 1995
7.26048378 1996
7.8385012 1997
7.76918185 1998
7.50434707 1999
7.39544012 2000
6.65001274 2001
6.47621937 2002
5.93103687 2003
5.58680882 2004
4.87263425 2005
4.39843301 2006
4.38855311 2007
4.56430052 2008
5.56632461 2009
5.39831071 2010
5.6156071 2011
5.62615412 2012
5.17181535 2013
5.2740396 2014
5.00550544 2015
4.58720884 2016
4.09022429 2017
3.74479049 2018
3.68474778 2019
3.51607691 2020
3.1528537 2021
2022
High income | 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
High income
Records
63
Source