United States | Interest payments (current LCU)

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
United States
Records
63
Source
United States | Interest payments (current LCU)
year value
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972 14820000000
1973 15680000000
1974 23000000000
1975 24550000000
1976 28700000000
1977 33440000000
1978 34280000000
1979 47070000000
1980 61320000000
1981 78470000000
1982 96860000000
1983 106980000000
1984 123580000000
1985 152190000000
1986 154700000000
1987 156240000000
1988 168230000000
1989 180800000000
1990 196340000000
1991 218950000000
1992 216560000000
1993 210990000000
1994 214320000000
1995 234170000000
1996 252320000000
1997 254440000000
1998 253200000000
1999 241060000000
2000 236360000000
2001 331225600000
2002 301271300000
2003 291720600000
2004 306022200000
2005 344374900000
2006 372211900000
2007 407977900000
2008 388397300000
2009 354532700000
2010 381487400000
2011 425441900000
2012 422624100000
2013 416325900000
2014 439092300000
2015 429282400000
2016 454303700000
2017 476695300000
2018 540629400000
2019 577363900000
2020 521387100000
2021 574570400000
2022 725687500000

United States | Interest payments (current LCU)

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
United States
Records
63
Source