South Asia - Interest payments (% of revenue)

Interest payments (% of revenue) in South Asia was 23.01 as of 2018. Its highest value over the past 23 years was 32.90 in 2000, while its lowest value was 12.93 in 2017.

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
1995 26.33
1996 31.77
1997 32.10
1998 30.14
1999 30.65
2000 32.90
2001 27.40
2002 27.97
2003 26.37
2004 24.14
2005 22.73
2006 19.08
2007 20.70
2008 21.81
2009 21.73
2010 18.31
2011 15.86
2012 16.74
2013 17.18
2014 18.44
2015 20.43
2016 18.46
2017 12.93
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