Public Sector · Kyrgyz Republic
Yearly data from 2014 to 2023, from the World Bank.
Kyrgyz Republic's interest payments (% of expense) was 3.16% in 2023, the latest year in the World Bank's World Development Indicators. That is down 0.86 percentage points from 4.02% in 2018.
| Value | Year | |
|---|---|---|
| Latest | 3.16% | 2023 |
| Five years earlier | 4.02% | 2018 |
| Highest | 4.02% | 2018 |
| Lowest | 2.94% | 2014 |
| Average since 2014 | 3.46% | 2014–2023 |
| First recorded | 2.94% | 2014 |
Over five years it is down 0.86 percentage points from 4.02% in 2018. Since 2014 it is up 0.21 percentage points from 2.94% in 2014.
In 2023, Kyrgyz Republic's interest payments (% of expense) fell 0.04 percentage points on 2022 (from 3.19% to 3.16%).
Across the 8 yearly changes before that (2015 to 2022), the average change was +0.03 percentage points and a typical year strayed about 0.55 percentage points from that (the standard deviation). This year's change was 0.1 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 0.68 percentage points in 2018 and the biggest yearly fall was 0.77 percentage points in 2021. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2014 to 2023 there is no clear straight-line trend: a straight line explains 4% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
In 2023, Kyrgyz Republic had the 57th highest value of the 78 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
| Value | Year | |
|---|---|---|
| Kyrgyz Republic | 3.16% | 2023 |
| World | 5.77% | 2022 |
| Europe & Central Asia | 4.18% | 2023 |
| Lower middle income | 10.23% | 2021 |
Interest payments include interest payments on government debt (including long-term bonds, long-term loans, and other debt instruments) to domestic and foreign residents. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.
Limitations: 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).
Regional and income-group figures are computed by the World Bank as a median.
| Year | Interest payments (% of expense) |
|---|---|
| 2023 | 3.16 |
| 2022 | 3.19 |
| 2021 | 2.98 |
| 2020 | 3.75 |
| 2019 | 3.72 |
| 2018 | 4.02 |
| 2017 | 3.34 |
| 2016 | 3.98 |
| 2015 | 3.49 |
| 2014 | 2.94 |
Every indicator for Kyrgyz Republic is on the Kyrgyz Republic data page.
World Bank, World Development Indicators, indicator GC.XPN.INTP.ZS, licensed CC BY 4.0. Original source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.
Legal entity
Devansh Yadav
Moradabad, Uttar Pradesh
Governing law: Courts at Moradabad, Uttar Pradesh
Phone: +91 8433475698
Legal: legal@analyzeit.in