Latin America & Caribbean (excluding 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
Latin America & Caribbean (excluding high income)
Records
63
Source
Latin America & Caribbean (excluding high income) | Interest payments (% of revenue)
1960
1961
1962
1963
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1969
1970
1971
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1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
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1984
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1986
1987
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1989
13.42999171 1990
17.04405612 1991
11.70251422 1992
12.05872827 1993
13.41937307 1994
13.40298893 1995
13.04035435 1996
14.39026656 1997
15.69483689 1998
13.03947151 1999
13.50085518 2000
12.78705192 2001
12.56923615 2002
12.41001346 2003
11.80716626 2004
10.28079517 2005
8.92044266 2006
8.36801282 2007
9.68793288 2008
12.30052479 2009
12.08969781 2010
10.61877653 2011
9.80846873 2012
10.54604695 2013
9.67557652 2014
9.68580837 2015
11.27336777 2016
11.19826435 2017
12.88660164 2018
13.85737285 2019
11.975351 2020
11.92653841 2021
2022
Latin America & Caribbean (excluding 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
Latin America & Caribbean (excluding high income)
Records
63
Source