Australia - Interest payments

Interest payments (current LCU)

The value for Interest payments (current LCU) in Australia was 17,966,000,000 as of 2019. As the graph below shows, over the past 47 years this indicator reached a maximum value of 17,966,000,000 in 2019 and a minimum value of 613,000,000 in 1972.

Definition: Interest payments include interest payments on government debt--including long-term bonds, long-term loans, and other debt instruments--to domestic and foreign residents.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

Year Value
1972 613,000,000
1973 672,000,000
1974 709,000,000
1975 886,000,000
1976 967,000,000
1977 1,416,000,000
1978 1,660,000,000
1979 1,980,000,000
1980 2,227,000,000
1981 2,570,000,000
1982 2,885,000,000
1983 3,378,000,000
1984 4,314,000,000
1985 5,657,000,000
1986 7,070,000,000
1987 7,963,000,000
1988 7,654,000,000
1989 7,468,000,000
1990 7,364,000,000
1991 6,192,000,000
1992 5,748,000,000
1993 5,413,000,000
1994 6,630,000,000
1995 8,162,000,000
1996 9,276,000,000
1997 9,613,000,000
1998 8,555,000,000
1999 11,810,000,000
2000 10,459,000,000
2001 6,390,000,000
2002 5,694,000,000
2003 5,057,000,000
2004 4,335,000,000
2005 4,286,000,000
2006 4,183,000,000
2007 4,135,000,000
2008 4,199,000,000
2009 4,784,000,000
2010 7,004,000,000
2011 9,997,000,000
2012 12,989,000,000
2013 13,050,000,000
2014 13,694,000,000
2015 15,349,000,000
2016 16,165,000,000
2017 16,688,000,000
2018 17,768,000,000
2019 17,966,000,000

Interest payments (% of revenue)

Interest payments (% of revenue) in Australia was 3.49 as of 2019. Its highest value over the past 47 years was 10.65 in 1986, while its lowest value was 1.34 in 2008.

Definition: Interest payments include interest payments on government debt--including long-term bonds, long-term loans, and other debt instruments--to domestic and foreign residents.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

See also:

Year Value
1972 6.75
1973 6.93
1974 5.79
1975 5.63
1976 5.14
1977 6.41
1978 6.86
1979 7.51
1980 7.29
1981 7.13
1982 6.89
1983 7.36
1984 8.56
1985 9.57
1986 10.65
1987 10.63
1988 9.20
1989 8.20
1990 7.45
1991 6.16
1992 5.98
1993 5.54
1994 6.40
1995 7.14
1996 7.42
1997 7.14
1998 6.02
1999 7.56
2000 6.09
2001 3.33
2002 2.89
2003 2.37
2004 1.89
2005 1.71
2006 1.55
2007 1.44
2008 1.34
2009 1.55
2010 2.30
2011 3.10
2012 3.69
2013 3.46
2014 3.51
2015 3.85
2016 3.92
2017 3.80
2018 3.71
2019 3.49

Interest payments (% of expense)

Interest payments (% of expense) in Australia was 3.52 as of 2019. Its highest value over the past 47 years was 10.82 in 1987, while its lowest value was 1.43 in 2009.

Definition: Interest payments include interest payments on government debt--including long-term bonds, long-term loans, and other debt instruments--to domestic and foreign residents.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

See also:

Year Value
1972 7.62
1973 7.31
1974 6.47
1975 5.84
1976 4.91
1977 6.23
1978 6.45
1979 7.03
1980 7.08
1981 7.16
1982 7.04
1983 6.97
1984 7.63
1985 9.09
1986 10.37
1987 10.82
1988 9.75
1989 9.14
1990 8.34
1991 6.44
1992 5.56
1993 4.88
1994 5.66
1995 6.48
1996 7.14
1997 7.25
1998 6.81
1999 7.75
2000 6.57
2001 3.45
2002 2.86
2003 2.45
2004 1.96
2005 1.81
2006 1.68
2007 1.55
2008 1.46
2009 1.43
2010 2.01
2011 2.71
2012 3.31
2013 3.28
2014 3.26
2015 3.53
2016 3.61
2017 3.56
2018 3.68
2019 3.52

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance