Israel - Interest payments (current LCU)

The value for Interest payments (current LCU) in Israel was 30,575,130,000 as of 2019. As the graph below shows, over the past 47 years this indicator reached a maximum value of 49,081,930,000 in 2002 and a minimum value of 200,000 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 200,000
1973 200,000
1974 400,000
1975 400,000
1976 600,000
1977 1,700,000
1978 2,200,000
1979 3,400,000
1980 8,800,000
1981 33,400,000
1982 82,700,000
1983 408,300,000
1984 1,834,500,000
1985 4,952,800,000
1986 6,669,800,000
1987 8,584,800,000
1988 7,032,300,000
1989 8,422,500,000
1990 9,620,300,000
1991 8,927,000,000
1992 11,689,000,000
1993 13,168,000,000
1994 14,648,000,000
1995 16,962,000,000
1996 18,753,000,000
1997 19,576,000,000
1998 22,799,000,000
1999 22,956,000,000
2000 29,265,000,000
2001 31,331,390,000
2002 49,081,930,000
2003 29,838,080,000
2004 33,416,390,000
2005 36,477,240,000
2006 34,414,710,000
2007 35,510,200,000
2008 41,551,490,000
2009 40,746,210,000
2010 35,277,430,000
2011 37,544,420,000
2012 35,296,080,000
2013 36,639,420,000
2014 26,786,720,000
2015 24,115,520,000
2016 25,741,880,000
2017 27,576,500,000
2018 31,765,610,000
2019 30,575,130,000

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.

Periodicity: Annual

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance