Egypt - Interest payments (% of expense)

Interest payments (% of expense) in Egypt was 24.23 as of 2015. Its highest value over the past 40 years was 30.69 in 1994, while its lowest value was 3.08 in 1975.

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
1975 3.08
1976 3.41
1977 4.85
1978 8.09
1979 9.40
1981 6.64
1982 4.96
1983 8.94
1984 9.41
1985 9.52
1986 10.09
1987 12.15
1988 12.26
1989 14.73
1990 16.28
1991 19.14
1992 18.08
1993 27.49
1994 30.69
1995 26.02
1996 25.93
1997 23.99
2002 19.67
2003 20.79
2004 21.09
2005 20.21
2006 17.20
2007 17.56
2008 15.09
2009 13.96
2010 17.86
2011 19.08
2012 19.44
2013 22.59
2014 22.72
2015 24.23

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.

Aggregation method: Median

Periodicity: Annual

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance