United States | Interest payments (% of expense)
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 of America
Records
63
Source
United States | Interest payments (% of expense)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
6.50970746 1972
6.14685013 1973
8.32338146 1974
7.48338719 1975
7.76368112 1976
8.19407008 1977
7.62269018 1978
9.46853878 1979
10.44615935 1980
11.64882799 1981
12.89540952 1982
12.90999928 1983
14.25555722 1984
15.81753555 1985
15.19526953 1986
15.05535909 1987
15.27641568 1988
15.360957 1989
15.27236522 1990
15.53663296 1991
15.22251042 1992
14.3635163 1993
14.18633129 1994
14.92793258 1995
15.62294899 1996
15.29858823 1997
14.9232619 1998
13.82486365 1999
12.86214928 2000
16.04379229 2001
13.72531833 2002
12.32462519 2003
12.24952588 2004
12.73107203 2005
13.08146151 2006
13.50921943 2007
11.53986689 2008
9.57424026 2009
9.72946799 2010
10.76016275 2011
10.87378263 2012
10.77853181 2013
11.02910902 2014
10.48758752 2015
10.7775077 2016
10.97805459 2017
11.80557369 2018
11.90429298 2019
7.71471452 2020
7.88793828 2021
11.50750007 2022
United States | Interest payments (% of expense)
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 of America
Records
63
Source