Interest Payments on Government Debt (As % of Government Expense) rose to 10.0% in Tanzania in 2016

Interest Payments on Government Debt (As % of Government Expense) (%)
Economy | Tanzania | March 11, 2019
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Interest payments on government debt as a share of government expense reached 10.0 % in 2016 in Tanzania, according to the National Statistical Office. This is 11.3 % more than in the previous year.

Historically, interest payments on government debt as a share of government expense in Tanzania reached an all time high of 10.0 % in 2016 and an all time low of 4.47 % in 2011. When compared to Tanzania's main peers, interest payments on government debt as a share of government expense in Kenya amounted to 12.9 %, 14.8 % in Uganda and 22.1 % in Zambia in 2016.

Tanzania has been ranked 29th within the group of 101 countries we follow in terms of interest payments on government debt as a share of government expense.

Interest payments include interest payments on government debt including long-term bonds, long-term loans, and other debt instruments to domestic and foreign residents.

Interest Payments on Government Debt (As % of Government Expense) Unit 2009 2010 2011 2012 2013 2014 2015 2016 2017
Angola % 2.91% 3.59% 2.66% 3.67% 8.56%
Dem. Republic of the Congo % ... ... ... ... ... ... ...
Ethiopia % 3.68% 4.00% 3.55% 3.76% 3.96%
Kenya % 10.1% 10.1% 10.1% 10.7% 11.8%
Malawi % 9.99% 9.16% 8.73% 17.2% 15.9%
Mozambique % ... 3.87% 3.92% ... ... ...
Rwanda % 3.00% 2.98% 4.84% 4.44% 4.40%
Somalia % ... ... ... ... ... ... ... ... ...
South Africa % 8.03% 8.41% 8.35% 8.98% 9.07%
South Sudan % ... ... ... ... ... ... ... ... ...
Tanzania % 5.07% 6.75% 6.76% 6.80% 9.01% ...
Uganda % 5.72% 8.41% 11.9% 11.3% 12.3%
Zambia % 6.53% 8.54% 9.01% 14.4% 17.0%
Zimbabwe % 1.27% 0.630% ... ... 2.24%