South Africa - Interest payments (% of revenue)

Interest payments (% of revenue) in South Africa was 12.49 as of 2019. Its highest value over the past 47 years was 21.66 in 1997, while its lowest value was 5.76 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
1972 7.04
1973 7.19
1974 6.04
1975 5.76
1976 6.99
1977 7.32
1978 8.04
1979 8.33
1980 7.74
1981 9.61
1982 10.40
1983 12.10
1984 13.56
1985 13.62
1986 14.69
1987 15.55
1988 15.30
1989 14.73
1990 15.38
1991 16.77
1992 19.92
1993 20.58
1994 20.15
1995 21.57
1996 20.63
1997 21.66
1998 21.39
1999 19.78
2000 19.10
2001 16.97
2002 15.13
2003 13.67
2004 12.26
2005 10.79
2006 9.45
2007 8.28
2008 7.76
2009 8.31
2010 8.68
2011 9.18
2012 9.75
2013 9.79
2014 9.90
2015 10.24
2016 11.13
2017 11.97
2018 12.63
2019 12.49

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