Share of government expenditure going to interest payments in India
India: Share of government expenditure going to interest payments was 23.23 in 2022. ▲ Rising
Latest (2022)
23.23
World rank
9th
of 152 countries
All-time high
29.65
in 2000
All-time low
11.16
in 1975
Years of data
46
1974–2022
Share of government expenditure going to interest payments in India, 1974–2022
Source: Our World in Data.
Analysis
The most recent figure for share of government expenditure going to interest payments in India is 23.23, measured in 2022.
Compared with earlier readings it is up 19.4% over ten years.
Over the whole period, share of government expenditure going to interest payments in India peaked at 29.65 in 2000 and was at its lowest, 11.16, in 1975.
That places India 9th out of 152 countries with data for 2022, putting it in the top 10%.
The long-run direction has been consistently rising across the 46 years of available data.
Share of government expenditure going to interest payments in India, year by year
| Year | Value | Change |
|---|---|---|
| 1974 | 11.31 | — |
| 1975 | 11.16 | -1.3% |
| 1976 | 12.25 | +9.7% |
| 1977 | 12.26 | +0.1% |
| 1978 | 13.17 | +7.4% |
| 1979 | 12.42 | -5.7% |
| 1980 | 13.1 | +5.4% |
| 1981 | 14.06 | +7.3% |
| 1982 | 15.21 | +8.2% |
| 1983 | 16.37 | +7.6% |
| 1984 | 17.03 | +4.1% |
| 1985 | 17.33 | +1.7% |
| 1986 | 17.71 | +2.2% |
| 1987 | 18.76 | +5.9% |
| 1988 | 20.03 | +6.8% |
| 1989 | 20.98 | +4.7% |
| 1990 | 22.36 | +6.6% |
| 1991 | 24.57 | +9.9% |
| 1992 | 25.25 | +2.8% |
| 1993 | 26 | +3.0% |
| 1994 | 27.63 | +6.3% |
| 1995 | 27.44 | -0.7% |
| 1996 | 28.14 | +2.5% |
| 1997 | 27.14 | -3.6% |
| 1998 | 28.68 | +5.7% |
| 1999 | 29.51 | +2.9% |
| 2000 | 29.65 | +0.5% |
| 2001 | 29.27 | -1.3% |
| 2002 | 28.69 | -2.0% |
| 2003 | 27.62 | -3.7% |
| 2004 | 25.64 | -7.1% |
| 2005 | 23.38 | -8.8% |
| 2006 | 22.58 | -3.4% |
| 2007 | 22.2 | -1.7% |
| 2008 | 19.73 | -11.1% |
| 2009 | 19.37 | -1.8% |
| 2010 | 18.28 | -5.6% |
| 2011 | 18.2 | -0.5% |
| 2012 | 19.46 | +6.9% |
| 2013 | 19.49 | +0.2% |
| 2014 | 21.24 | +9.0% |
| 2015 | 20.71 | -2.5% |
| 2016 | 20.39 | -1.6% |
| 2017 | 19.83 | -2.7% |
| 2018 | 19.4 | -2.2% |
| 2022 | 23.23 | +19.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 12.09 | 11.16 | 13.17 | 6 |
| 1980s | 17.06 | 13.1 | 20.98 | 10 |
| 1990s | 26.67 | 22.36 | 29.51 | 10 |
| 2000s | 24.81 | 19.37 | 29.65 | 10 |
| 2010s | 19.67 | 18.2 | 21.24 | 9 |
| 2020s | 23.23 | 23.23 | 23.23 | 1 |
Countries ranked near India
More reference data data for India
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 20.88 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 68.88 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 246.78 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 15.62 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 246.78 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 70.02 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 19.71 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 309.05 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 1,063 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 85.03 (2050)
Frequently asked questions
- What is share of government expenditure going to interest payments in India?
- Share of government expenditure going to interest payments in India was 23.23 in 2022, according to Our World in Data.
- What is the highest share of government expenditure going to interest payments recorded in India?
- The highest recorded value was 29.65 in 2000.
- What is the lowest share of government expenditure going to interest payments recorded in India?
- The lowest recorded value was 11.16 in 1975.
- How does India rank for share of government expenditure going to interest payments?
- India ranks 9th out of 152 countries with data for 2022.
- Is share of government expenditure going to interest payments rising or falling in India?
- Over the last ten years it is up 19.4%. The long-run trend across the full record is rising.
- Where does this India 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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