Interest Payments on Government Debt (As % of Government Expense) rose to 8.75% in Myanmar in 2017

Interest Payments on Government Debt (As % of Government Expense) (%)
Economy | Myanmar | March 11, 2019
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Interest payments on government debt as a share of government expense reached 12.6 % in 2012 in Myanmar, according to the National Statistical Office. This is 33.6 % more than in the previous year.

Historically, interest payments on government debt as a share of government expense in Myanmar reached an all time high of 12.6 % in 2012 and an all time low of 7.00 % in 2015. When compared to Myanmar's main peers, interest payments on government debt as a share of government expense in India amounted to 19.5 %, 6.59 % in Laos and 6.07 % in Thailand in 2012.

Myanmar has been ranked 17th within the group of 130 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
Bangladesh % 17.3% 20.0% 21.2% 21.9% 22.7% ...
Cambodia % 2.42% 2.81% 2.81% 2.72% 2.52%
China % ... ... ... ... 3.23% 2.49% 3.16% ...
India % 18.3% 19.5% 19.5% ... ... ... ...
Japan % 9.22% 9.33% 9.26% 9.44% 9.48%
Laos % 5.92% 6.59% 6.37% 5.32% 6.45%
Malaysia % 9.85% 9.59% 9.90% 10.4% 11.3%
Myanmar % ... ... ... 12.6% 9.45% 8.17% 7.00%
Pakistan % 26.6% 26.0% 28.6% 32.0% ... ... ...
Russia % 1.94% 2.03% 2.12% 2.07% 2.66%
Sri Lanka % 30.6% 30.2% 31.6% 28.5% 25.8%
Thailand % 6.08% 6.07% 5.77% 5.73% 5.30%
USA % 10.8% 10.9% 10.8% 11.0% 10.5%
Vietnam % 5.83% 6.05% 7.00% ... ... ... ...