Share of government expenditure going to interest payments in Bahamas

Bahamas: Share of government expenditure going to interest payments was 18.44 in 2023. ▲ Rising

Latest (2023)
18.44
Change on year
up 3.7%
World rank
16th
of 152 countries
All-time high
18.44
in 2023
All-time low
9.83
in 2006
Years of data
34
1990–2023

Share of government expenditure going to interest payments in Bahamas, 1990–2023

051015201990200620231990: 11.81991: 13.41992: 12.71993: 14.31994: 14.21995: 13.61996: 13.31997: 13.21998: 13.51999: 122000: 11.12001: 11.62002: 10.72003: 10.72004: 11.22005: 10.92006: 9.82007: 10.12008: 10.62009: 10.82010: 122011: 12.12012: 10.92013: 122014: 12.22015: 12.72016: 12.92017: 10.92018: 14.12019: 13.42020: 12.92021: 14.22022: 17.82023: 18.4

Source: Our World in Data.

Analysis

In 2023, share of government expenditure going to interest payments in Bahamas stood at 18.44. That is the highest value across all 34 years on record.

That represents a change of up 3.7% on the previous year and up 53.2% over ten years.

Over the whole period, share of government expenditure going to interest payments in Bahamas peaked at 18.44 in 2023 and was at its lowest, 9.83, in 2006.

That places Bahamas 16th out of 152 countries with data for 2023, putting it in the top 10%.

The long-run direction has been consistently rising across the 34 years of available data.

Share of government expenditure going to interest payments in Bahamas, year by year

Annual values for Share of government expenditure going to interest payments in Bahamas, 1990 to 2023.
Year Value Change
1990 11.75
1991 13.42 +14.2%
1992 12.66 -5.6%
1993 14.3 +12.9%
1994 14.16 -1.0%
1995 13.63 -3.7%
1996 13.26 -2.7%
1997 13.21 -0.4%
1998 13.54 +2.5%
1999 12.04 -11.0%
2000 11.13 -7.6%
2001 11.61 +4.4%
2002 10.65 -8.3%
2003 10.71 +0.5%
2004 11.16 +4.2%
2005 10.85 -2.7%
2006 9.83 -9.4%
2007 10.09 +2.7%
2008 10.64 +5.4%
2009 10.85 +1.9%
2010 12 +10.6%
2011 12.1 +0.8%
2012 10.91 -9.8%
2013 12.04 +10.3%
2014 12.15 +0.9%
2015 12.7 +4.5%
2016 12.94 +1.9%
2017 10.9 -15.8%
2018 14.08 +29.2%
2019 13.39 -4.9%
2020 12.87 -3.9%
2021 14.23 +10.6%
2022 17.79 +25.0%
2023 18.44 +3.7%

Averages by decade

DecadeAverage LowestHighest Years
1990s 13.2 11.75 14.3 10
2000s 10.75 9.83 11.61 10
2010s 12.32 10.9 14.08 10
2020s 15.83 12.87 18.44 4

Countries ranked near Bahamas

  1. 13 Seychelles 19.68 compare
  2. 14 Uganda 19.48 compare
  3. 15 Bahrain 18.91 compare
  4. 17 Dominican Republic 17.5 compare
  5. 18 Laos 16.99 compare
  6. 19 Costa Rica 16.71 compare

See the full ranking of 152 places →

More reference data data for Bahamas

All data for Bahamas →

Frequently asked questions

What is share of government expenditure going to interest payments in Bahamas?
Share of government expenditure going to interest payments in Bahamas was 18.44 in 2023, according to Our World in Data.
What is the highest share of government expenditure going to interest payments recorded in Bahamas?
The highest recorded value was 18.44 in 2023.
What is the lowest share of government expenditure going to interest payments recorded in Bahamas?
The lowest recorded value was 9.83 in 2006.
How does Bahamas rank for share of government expenditure going to interest payments?
Bahamas ranks 16th out of 152 countries with data for 2023.
Is share of government expenditure going to interest payments rising or falling in Bahamas?
Over the last ten years it is up 53.2%. The long-run trend across the full record is rising.
Where does this Bahamas data come from?
The figures come from Our World in Data, published as part of Share of government expenditure going to interest payments. Statizoid updates them automatically from the source API.

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Share of government expenditure going to interest payments in Bahamas. Statizoid, drawing on Our World in Data. Retrieved 28 August 2026, from https://reference.statizoid.com/stat/share-of-government-expenditure-going-to-interest-payments/bahamas-the/

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About this data

Indicator
Share of government expenditure going to interest payments
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
152 places, 4,278 data points, 1972–2024
Last refreshed