Interest payments in Malawi

Malawi: Interest payments was 26.3% in 2022. ▲ Rising

Latest (2022)
26.3%
Change on year
up 29.7%
World rank
5th
of 152 countries
All-time high
26.3%
in 2022
All-time low
8.7%
in 2013
Years of data
14
2009–2022

Interest payments in Malawi, 2009–2022

101520252009201520222009: 9 % of expense2010: 11.1 % of expense2011: 10 % of expense2012: 9.2 % of expense2013: 8.7 % of expense2014: 17.2 % of expense2015: 15.9 % of expense2016: 17.9 % of expense2017: 21.4 % of expense2018: 17.6 % of expense2019: 18.5 % of expense2020: 18 % of expense2021: 20.3 % of expense2022: 26.3 % of expense

Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.

Analysis

Malawi recorded 26.3% for interest payments in 2022. That is the highest value across all 14 years on record.

That represents a change of up 29.7% on the previous year and up 187.6% over ten years.

Over the whole period, interest payments in Malawi peaked at 26.3% in 2022 and was at its lowest, 8.7%, in 2013.

That places Malawi 5th out of 152 countries with data for 2022, putting it in the top 10%.

The long-run direction has been consistently rising across the 14 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 9.0% 9.0% 9.0% 1
2010s 14.8% 8.7% 21.4% 10
2020s 21.5% 18.0% 26.3% 3

Countries ranked near Malawi

  1. 2 Ghana 32.8% compare
  2. 3 Angola 31.9% compare
  3. 4 Zambia 26.5% compare
  4. 6 Egypt 24.2% compare
  5. 7 Brazil 24.1% compare
  6. 8 Bangladesh 24.0% compare

See the full ranking of 193 places →

More public sector data for Malawi

All data for Malawi →

Frequently asked questions

What is interest payments in Malawi?
Interest payments in Malawi was 26.3% in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
What is the highest interest payments recorded in Malawi?
The highest recorded value was 26.3% in 2022.
What is the lowest interest payments recorded in Malawi?
The lowest recorded value was 8.7% in 2013.
How does Malawi rank for interest payments?
Malawi ranks 5th out of 152 countries with data for 2022.
Is interest payments rising or falling in Malawi?
Over the last ten years it is up 187.6%. The long-run trend across the full record is rising.
Where does this Malawi data come from?
The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Interest payments (% of expense). Statizoid updates them automatically from the source API.

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CSV · JSON — 14 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Interest payments (% of expense)
Unit
% of expense
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
193 places, 5,277 data points, 1972–2024
Last refreshed

Interest payments include interest payments on government debt (including long-term bonds, long-term loans, and other debt instruments) to domestic and foreign residents. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.