GM ECONOMY · INDICATOR PROFILE
Interest Payments
Interest payments as a percentage of government revenue.
Country coverage98 / 11486% of active countries
Time coverage1972–20243129 observations
Common ranking year202277 countries · 79%
Data qualityAdequate32 median observations / country
Minimum · 20220.05%
Median · 20223.84%
Maximum · 202277.77%
Data quality
Recency and time-series depthGood72latest within 1 year of the series maximum and at least 10 observations
Adequate10latest within 3 years and at least 5 observations
Limited16older or comparatively short series
Indicator metadata
Definition and machine-readable identifiersCountry ranking · 2022
77 comparable countries| Rank | Country | 2022 value | Latest year | Latest value | Observations | Coverage |
|---|---|---|---|---|---|---|
| 1 | Sri Lanka | 77.77% | 2023 | 79.87% | 34 | 1990–2023 |
| 2 | Ghana | 47.27% | 2023 | 21.58% | 27 | 1990–2023 |
| 3 | India | 33.98% | 2022 | 33.98% | 46 | 1974–2022 |
| 4 | Brazil | 28.89% | 2024 | 30.09% | 15 | 2010–2024 |
| 5 | Kenya | 21.79% | 2023 | 24.28% | 10 | 2014–2023 |
| 6 | Fiji | 17.24% | 2024 | 13.86% | 28 | 1990–2024 |
| 7 | Mexico | 17.20% | 2024 | 20.00% | 46 | 1972–2024 |
| 8 | Iceland | 16.35% | 2023 | 14.94% | 52 | 1972–2023 |
| 9 | Jordan | 16.02% | 2023 | 18.62% | 34 | 1990–2023 |
| 10 | South Africa | 15.91% | 2024 | 18.17% | 53 | 1972–2024 |
| 11 | Turkey | 15.48% | 2024 | 11.66% | 43 | 1972–2024 |
| 12 | Colombia | 15.47% | 2024 | 13.90% | 21 | 1998–2024 |
| 13 | Philippines | 14.19% | 2024 | 17.29% | 35 | 1990–2024 |
| 14 | Malaysia | 14.02% | 2024 | 15.55% | 29 | 1996–2024 |
| 15 | Papua New Guinea | 13.88% | 2024 | 14.18% | 24 | 1990–2024 |
| 16 | United States | 13.42% | 2024 | 20.29% | 53 | 1972–2024 |
| 17 | Ethiopia | 12.79% | 2024 | 12.62% | 34 | 1990–2024 |
| 18 | Laos | 11.85% | 2022 | 11.85% | 15 | 2008–2022 |
| 19 | United Kingdom | 11.83% | 2024 | 8.32% | 53 | 1972–2024 |
| 20 | Italy | 10.14% | 2024 | 9.42% | 43 | 1973–2024 |
| 21 | Armenia | 9.86% | 2024 | 12.60% | 21 | 2004–2024 |
| 22 | Israel | 9.73% | 2024 | 9.42% | 53 | 1972–2024 |
| 23 | Argentina | 9.47% | 2024 | 8.46% | 26 | 1990–2024 |
| 24 | Morocco | 7.96% | 2024 | 8.11% | 32 | 1990–2024 |
| 25 | Ukraine | 7.26% | 2024 | 8.27% | 26 | 1999–2024 |
| 26 | Hungary | 7.12% | 2024 | 12.22% | 44 | 1981–2024 |
| 27 | Kazakhstan | 7.07% | 2023 | 8.96% | 22 | 1997–2023 |
| 28 | Thailand | 6.76% | 2024 | 5.76% | 53 | 1972–2024 |
| 29 | Spain | 6.44% | 2024 | 6.54% | 53 | 1972–2024 |
| 30 | Canada | 5.79% | 2024 | 8.36% | 35 | 1990–2024 |
| 31 | Greece | 5.45% | 2024 | 7.48% | 47 | 1972–2024 |
| 32 | Portugal | 4.95% | 2024 | 5.41% | 45 | 1975–2024 |
| 33 | Romania | 4.53% | 2024 | 7.29% | 39 | 1985–2024 |
| 34 | Mongolia | 4.16% | 2024 | 4.26% | 31 | 1992–2024 |
| 35 | France | 4.16% | 2024 | 4.23% | 53 | 1972–2024 |
| 36 | Poland | 4.04% | 2024 | 5.59% | 36 | 1984–2024 |
| 37 | Georgia | 3.90% | 2024 | 5.51% | 30 | 1995–2024 |
| 38 | Tajikistan | 3.89% | 2024 | 2.94% | 10 | 1998–2024 |
| 39 | Croatia | 3.84% | 2023 | 4.20% | 26 | 1991–2023 |
| 40 | Chile | 3.82% | 2024 | 5.22% | 51 | 1974–2024 |
| 41 | Serbia | 3.63% | 2022 | 3.63% | 16 | 2007–2022 |
| 42 | South Korea | 3.60% | 2024 | 5.26% | 53 | 1972–2024 |
| 43 | Belgium | 3.42% | 2024 | 4.51% | 30 | 1995–2024 |
| 44 | Cyprus | 3.26% | 2024 | 2.81% | 53 | 1972–2024 |
| 45 | New Zealand | 3.20% | 2024 | 4.65% | 41 | 1972–2024 |
| 46 | Australia | 3.08% | 2022 | 3.08% | 51 | 1972–2022 |
| 47 | Czech Republic | 2.96% | 2024 | 3.48% | 32 | 1993–2024 |
| 48 | Ireland | 2.96% | 2024 | 2.31% | 53 | 1972–2024 |
| 49 | Slovakia | 2.70% | 2024 | 3.51% | 30 | 1995–2024 |
| 50 | Vanuatu | 2.67% | 2023 | 2.42% | 21 | 1990–2023 |
| 51 | Slovenia | 2.63% | 2024 | 2.86% | 26 | 1992–2024 |
| 52 | Kyrgyzstan | 2.39% | 2024 | 2.63% | 11 | 2014–2024 |
| 53 | Saudi Arabia | 2.39% | 2024 | 3.54% | 15 | 2010–2024 |
| 54 | Austria | 2.16% | 2024 | 3.08% | 53 | 1972–2024 |
| 55 | Cambodia | 1.66% | 2023 | 1.84% | 22 | 2002–2023 |
| 56 | Denmark | 1.61% | 2024 | 1.44% | 53 | 1972–2024 |
| 57 | Uzbekistan | 1.53% | 2023 | 3.28% | 13 | 2011–2023 |
| 58 | Latvia | 1.46% | 2024 | 2.69% | 31 | 1994–2024 |
| 59 | Germany | 1.46% | 2024 | 2.48% | 53 | 1972–2024 |
| 60 | Netherlands | 1.31% | 2024 | 1.75% | 52 | 1973–2024 |
| 61 | Finland | 1.30% | 2024 | 2.91% | 53 | 1972–2024 |
| 62 | Sweden | 1.29% | 2024 | 1.09% | 53 | 1972–2024 |
| 63 | Solomon Islands | 1.23% | 2024 | 1.46% | 14 | 2011–2024 |
| 64 | Azerbaijan | 1.20% | 2024 | 0.88% | 23 | 1994–2024 |
| 65 | United Arab Emirates | 1.18% | 2024 | 3.04% | 6 | 2019–2024 |
| 66 | Samoa | 1.15% | 2023 | 1.24% | 12 | 2012–2023 |
| 67 | Tonga | 1.11% | 2023 | 1.26% | 11 | 2013–2023 |
| 68 | Lithuania | 1.00% | 2024 | 1.88% | 32 | 1993–2024 |
| 69 | Bulgaria | 1.00% | 2024 | 1.44% | 35 | 1990–2024 |
| 70 | Kiribati | 0.85% | 2023 | 0.71% | 12 | 2011–2023 |
| 71 | Switzerland | 0.68% | 2024 | 0.90% | 48 | 1972–2024 |
| 72 | Norway | 0.46% | 2024 | 1.64% | 53 | 1972–2024 |
| 73 | Singapore | 0.42% | 2024 | 0.47% | 53 | 1972–2024 |
| 74 | Luxembourg | 0.35% | 2024 | 0.63% | 53 | 1972–2024 |
| 75 | Estonia | 0.30% | 2024 | 1.42% | 31 | 1991–2024 |
| 76 | Timor-Leste | 0.12% | 2022 | 0.12% | 8 | 2011–2022 |
| 77 | Nauru | 0.05% | 2024 | 0.04% | 4 | 2021–2024 |
The ranking uses a single common year rather than mixing each country’s latest observation. GM Economy selects the most recent year with data for at least 75% of countries covered by this indicator; if no year reaches that threshold, the year with the broadest coverage is used. Values are ordered from highest to lowest. This is a descriptive data ranking, not an assessment of whether a higher or lower value is preferable.