Jamaica - Interest payments (% of revenue)

Interest payments (% of revenue) in Jamaica was 20.24 as of 2019. Its highest value over the past 31 years was 62.86 in 2009, while its lowest value was 20.24 in 2019.

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
1988 30.71
1989 27.85
1990 30.32
1991 27.47
1992 29.18
1993 29.38
1994 33.67
1995 30.68
1996 43.24
1997 36.98
1998 46.68
1999 46.00
2000 42.49
2001 49.73
2002 53.02
2003 58.82
2004 54.09
2005 47.30
2006 46.28
2007 40.35
2008 45.37
2009 62.86
2010 40.61
2011 37.45
2012 36.83
2013 27.69
2014 30.24
2015 27.57
2016 27.88
2017 24.11
2018 20.54
2019 20.24

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