The Bahamas - Interest payments (current LCU)

The value for Interest payments (current LCU) in The Bahamas was 328,480,000 as of 2019. As the graph below shows, over the past 29 years this indicator reached a maximum value of 328,480,000 in 2019 and a minimum value of 61,800,000 in 1990.

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
1990 61,800,000
1991 72,900,000
1992 71,200,000
1993 77,100,000
1994 79,100,000
1995 81,200,000
1996 87,400,000
1997 93,981,000
1998 99,073,000
1999 95,600,000
2000 92,200,000
2001 100,700,000
2002 98,300,000
2003 107,000,000
2004 113,941,000
2005 121,247,000
2006 116,574,000
2007 127,166,000
2008 143,124,000
2009 154,223,000
2010 186,521,300
2011 201,714,500
2012 191,359,900
2013 205,003,000
2014 213,857,400
2015 241,500,300
2016 274,994,900
2017 267,755,500
2018 313,869,000
2019 328,480,000

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