San Marino - Interest payments (current LCU)

The value for Interest payments (current LCU) in San Marino was 4,242,814 as of 2019. As the graph below shows, over the past 24 years this indicator reached a maximum value of 3,000,000,000 in 1995 and a minimum value of 2,772,542 in 2005.

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
1995 3,000,000,000
2002 9,895,342
2003 3,953,088
2004 3,663,270
2005 2,772,542
2006 10,968,410
2007 12,737,660
2008 5,969,376
2009 6,445,022
2010 4,650,998
2011 4,889,665
2012 5,064,407
2013 3,676,832
2014 6,588,902
2015 6,293,477
2016 7,122,417
2017 6,757,619
2018 5,138,577
2019 4,242,814

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