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
1972 6.50970746
1973 6.14685013
1974 8.32338146
1975 7.48338719
1976 7.76368112
1977 8.19407008
1978 7.62269018
1979 9.46853878
1980 10.44615935
1981 11.64882799
1982 12.89540952
1983 12.90999928
1984 14.25555722
1985 15.81753555
1986 15.19526953
1987 15.05535909
1988 15.27641568
1989 15.360957
1990 15.27236522
1991 15.53663296
1992 15.22251042
1993 14.3635163
1994 14.18633129
1995 14.92793258
1996 15.62294899
1997 15.29858823
1998 14.9232619
1999 13.82486365
2000 12.86214928
2001 16.04379229
2002 13.72531833
2003 12.32462519
2004 12.24952588
2005 12.73107203
2006 13.08146151
2007 13.50921943
2008 11.53986689
2009 9.57424026
2010 9.72946799
2011 10.76016275
2012 10.87378263
2013 10.77853181
2014 11.02910902
2015 10.48758752
2016 10.7775077
2017 10.97805459
2018 11.80557369
2019 11.90429298
2020 7.71471452
2021 7.88793828
2022 11.50750007

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