St. Lucia - Interest payments (% of expense)

Interest payments (% of expense) in St. Lucia was 16.07 as of 2017. Its highest value over the past 17 years was 16.81 in 2007, while its lowest value was 7.55 in 2000.

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
2000 7.55
2001 10.17
2002 10.79
2003 11.00
2004 12.62
2005 14.58
2006 16.32
2007 16.81
2008 12.50
2009 13.58
2010 12.84
2011 13.44
2012 14.92
2013 15.90
2014 16.59
2015 16.75
2016 16.28
2017 16.07

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