South Africa | 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
Republic of South Africa
Records
63
Source
South Africa | Interest payments (% of revenue)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
7.04097117 1972
7.19235364 1973
6.042237 1974
5.76152305 1975
6.98755436 1976
7.3167522 1977
8.03930326 1978
8.33333333 1979
7.74413113 1980
9.61082699 1981
10.39637481 1982
12.10352119 1983
13.55669714 1984
13.6186653 1985
14.68703664 1986
15.54637452 1987
15.29961436 1988
14.72998703 1989
15.37640427 1990
16.77213717 1991
19.92096464 1992
20.58374198 1993
20.14852753 1994
21.56618973 1995
20.63338758 1996
21.66471942 1997
21.38916875 1998
19.78277267 1999
19.09884615 2000
16.96836846 2001
15.13095929 2002
13.67122396 2003
12.26352885 2004
10.78916014 2005
9.44879617 2006
8.28265995 2007
7.75821795 2008
8.46488319 2009
8.86480627 2010
9.42279382 2011
9.93527959 2012
9.939978 2013
10.11723047 2014
10.31258527 2015
11.29477557 2016
12.12491505 2017
12.63942397 2018
13.22540892 2019
15.48787173 2020
15.135113 2021
2022
South Africa | 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
Republic of South Africa
Records
63
Source