Interest Payments on Government Debt (As % of Government Expense) in USA

Interest payments on government debt as a share of government expense reached 11.0 % in 2017 in USA, according to the National Statistical Office. This is 2.57 % more than in the previous year.

Historically, interest payments on government debt as a share of government expense in USA reached an all time high of 16.0 % in 2001 and an all time low of 6.15 % in 1973. When compared to USA's main peers, interest payments on government debt as a share of government expense in Canada amounted to 5.88 %, 9.08 % in Japan and 13.3 % in Mexico in 2017.

USA has been ranked 24th within the group of 103 countries we follow in terms of interest payments on government debt as a share of government expense, 6 places behind 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.

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