Interest payments in Seychelles

Seychelles: Interest payments was 19.7% in 2008. ▲ Rising

Latest (2008)
19.7%
Change on year
up 3.8%
World rank
13th
of 152 countries
All-time high
21.5%
in 1995
All-time low
6.7%
in 1986
Years of data
17
1985–2008

Interest payments in Seychelles, 1985–2008

51015201985199620081985: 9.9 % of expense1986: 6.7 % of expense1987: 18.8 % of expense1988: 20 % of expense1989: 18.1 % of expense1993: 17.6 % of expense1994: 19.7 % of expense1995: 21.5 % of expense1996: 19.8 % of expense1997: 19.9 % of expense1998: 19.6 % of expense1999: 20.5 % of expense2000: 17.3 % of expense2005: 16.9 % of expense2006: 21.4 % of expense2007: 19 % of expense2008: 19.7 % of expense

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

Analysis

In 2008, interest payments in Seychelles stood at 19.7%.

That represents a change of up 3.8% on the previous year and up 0.5% over ten years.

Over the whole period, interest payments in Seychelles peaked at 21.5% in 1995 and was at its lowest, 6.7%, in 1986.

That places Seychelles 13th out of 152 countries with data for 2008, putting it in the top 10%.

The long-run direction has been consistently rising across the 17 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1980s 14.7% 6.7% 20.0% 5
1990s 19.8% 17.6% 21.5% 7
2000s 18.9% 16.9% 21.4% 5

Countries ranked near Seychelles

  1. 10 Barbados 22.5% compare
  2. 11 Jamaica 22.0% compare
  3. 12 Gabon 20.4% compare
  4. 14 Uganda 19.5% compare
  5. 15 Bahrain 18.9% compare
  6. 16 Bahamas 18.4% compare

See the full ranking of 193 places →

More public sector data for Seychelles

All data for Seychelles →

Frequently asked questions

What is interest payments in Seychelles?
Interest payments in Seychelles was 19.7% in 2008, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
What is the highest interest payments recorded in Seychelles?
The highest recorded value was 21.5% in 1995.
What is the lowest interest payments recorded in Seychelles?
The lowest recorded value was 6.7% in 1986.
How does Seychelles rank for interest payments?
Seychelles ranks 13th out of 152 countries with data for 2008.
Is interest payments rising or falling in Seychelles?
Over the last ten years it is up 0.5%. The long-run trend across the full record is rising.
Where does this Seychelles 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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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.