Interest Payments on Government Debt (As % of Government Expense) rose to 19.3% in Uganda in 2017

Interest Payments on Government Debt (As % of Government Expense) (%)
Economy | Uganda | December 1, 2019
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Interest payments on government debt as a share of government expense reached 19.3 % in 2017 in Uganda, according to the National Statistical Office. This is 30.6 % more than in the previous year.

Historically, interest payments on government debt as a share of government expense in Uganda reached an all time high of 19.3 % in 2017 and an all time low of 5.19 % in 2000. When compared to Uganda's main peers, interest payments on government debt as a share of government expense in Kenya amounted to 11.1 % and 5.02 % in Rwanda in 2017.

Uganda has been ranked 7th within the group of 103 countries we follow in terms of interest payments on government debt as a share of government expense, 48 places above the position seen 10 years ago.

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%
Burundi % ... 5.79% 5.54% 4.63% ... ... ... ...
Central African Republic % 4.51% 5.65% ... ... ... ... ...
Congo % 1.28% 1.21% ... ... ... ... ...
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%
Rwanda % 3.00% 2.98% 4.84% 4.44% 4.40%
Somalia % ... ... ... ... ... ... ... ... ...
South Sudan % ... ... ... ... ... ... ... ... ...
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%