Interest payments in World

World: Interest payments was 5.8% in 2022. ▼ Falling

Latest (2022)
5.8%
Change on year
down 4.2%
All-time high
8.0%
in 2002
All-time low
5.2%
in 2009
Years of data
21
2002–2022

Interest payments in World, 2002–2022

024682002201220222002: 8 % of expense2003: 7.8 % of expense2004: 7.1 % of expense2005: 6.3 % of expense2006: 6.2 % of expense2007: 5.9 % of expense2008: 5.5 % of expense2009: 5.2 % of expense2010: 5.2 % of expense2011: 5.3 % of expense2012: 5.7 % of expense2013: 5.6 % of expense2014: 5.5 % of expense2015: 5.9 % of expense2016: 6.8 % of expense2017: 6.4 % of expense2018: 6.8 % of expense2019: 6.2 % of expense2020: 5.7 % of expense2021: 6 % of expense2022: 5.8 % of expense

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

Analysis

World recorded 5.8% for interest payments in 2022.

That represents a change of down 4.2% on the previous year and up 1.5% over ten years.

Over the whole period, interest payments in World peaked at 8.0% in 2002 and was at its lowest, 5.2%, in 2009.

The long-run direction has been consistently falling across the 21 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 6.5% 5.2% 8.0% 8
2010s 6.0% 5.2% 6.8% 10
2020s 5.8% 5.7% 6.0% 3

More public sector data for World

All data for World →

Frequently asked questions

What is interest payments in World?
Interest payments in World was 5.8% in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
What is the highest interest payments recorded in World?
The highest recorded value was 8.0% in 2002.
What is the lowest interest payments recorded in World?
The lowest recorded value was 5.2% in 2009.
Is interest payments rising or falling in World?
Over the last ten years it is up 1.5%. The long-run trend across the full record is falling.
Where does this World 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.

Download this data

CSV · JSON — 21 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.