India - Interest payments (% of revenue)

Interest payments (% of revenue) in India was 23.01 as of 2018. Its highest value over the past 44 years was 40.94 in 2001, while its lowest value was 10.27 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
1974 10.34
1975 10.27
1976 11.47
1977 11.59
1978 12.78
1979 12.93
1980 13.78
1981 14.07
1982 15.56
1983 17.46
1984 19.01
1985 19.62
1986 20.59
1987 22.40
1988 23.93
1989 24.46
1990 27.64
1991 28.92
1992 29.50
1993 33.97
1994 33.64
1995 31.89
1996 32.15
1997 32.94
1998 37.41
1999 37.16
2000 38.91
2001 40.94
2002 39.47
2003 36.06
2004 31.91
2005 28.57
2006 25.64
2007 23.37
2008 26.54
2009 28.46
2010 22.83
2011 22.87
2012 24.91
2013 25.69
2014 27.19
2015 25.21
2016 24.21
2017 24.29
2018 23.01

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