Interest Payments on Government Debt (As % of Government Revenue) rose to 16.7% in Uganda in 2017

Interest Payments on Government Debt (As % of Government Revenue) (%)
Economy | Uganda | December 1, 2019
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Interest payments on government debt as a share of government revenue reached 16.7 % in 2017 in Uganda, according to the National Statistical Office. This is 25.6 % more than in the previous year.

Historically, interest payments on government debt as a share of government revenue in Uganda reached an all time high of 16.7 % in 2017 and an all time low of 4.59 % in 2001. When compared to Uganda's main peers, interest payments on government debt as a share of government revenue in Kenya amounted to 13.2 % and 3.88 % in Rwanda in 2017.

Uganda has been ranked 8th within the group of 103 countries we follow in terms of interest payments on government debt as a share of government revenue, 36 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 Revenue) Unit 2009 2010 2011 2012 2013 2014 2015 2016 2017
Angola % 1.74% 2.32% 2.10% 3.33% 9.49%
Burundi % ... 3.04% 3.59% 2.99% ... ... ... ...
Central African Republic % 5.57% 2.94% ... ... ... ... ...
Congo % 0.366% 0.426% ... ... ... ... ...
Dem. Republic of the Congo % ... ... ... ... ... ... ...
Ethiopia % 2.59% 2.89% 2.83% 3.01% 3.69%
Kenya % 10.7% 11.1% 11.5% 11.0% 12.3%
Rwanda % 1.77% 1.91% 2.79% 2.87% 2.88%
Somalia % ... ... ... ... ... ... ... ... ...
South Sudan % ... ... ... ... ... ... ... ... ...
Sudan % ... ... ... ... ... ... ... ... ...
Tanzania % 4.34% 8.01% 6.40% 6.66% 9.42% ...
Uganda % 5.81% 7.77% 10.7% 10.9% 10.7%
Zambia % 4.43% 7.61% 9.02% 15.5% 19.8%