Share of government expenditure going to interest payments in Jamaica
Jamaica: Share of government expenditure going to interest payments was 21.99 in 2020. ▼ Falling
Share of government expenditure going to interest payments in Jamaica, 1988–2020
Source: Our World in Data.
Analysis
In 2020, share of government expenditure going to interest payments in Jamaica stood at 21.99. That is the lowest value across all 33 years on record.
The figure is down 9.0% on the previous year and down 42.9% over ten years.
Over the whole period, share of government expenditure going to interest payments in Jamaica peaked at 50.89 in 2003 and was at its lowest, 21.99, in 2020.
That places Jamaica 11th out of 152 countries with data for 2020, putting it in the top 10%.
The long-run direction has been consistently falling across the 33 years of available data.
Share of government expenditure going to interest payments in Jamaica, year by year
| Year | Value | Change |
|---|---|---|
| 1988 | 36.71 | — |
| 1989 | 38.2 | +4.1% |
| 1990 | 39.17 | +2.5% |
| 1991 | 38.92 | -0.6% |
| 1992 | 42.11 | +8.2% |
| 1993 | 38.93 | -7.5% |
| 1994 | 43.58 | +11.9% |
| 1995 | 40.44 | -7.2% |
| 1996 | 42.48 | +5.0% |
| 1997 | 34.06 | -19.8% |
| 1998 | 40.82 | +19.8% |
| 1999 | 44.85 | +9.9% |
| 2000 | 44.81 | -0.1% |
| 2001 | 44.88 | +0.1% |
| 2002 | 44.03 | -1.9% |
| 2003 | 50.89 | +15.6% |
| 2004 | 49.25 | -3.2% |
| 2005 | 45.93 | -6.8% |
| 2006 | 43.57 | -5.1% |
| 2007 | 40.23 | -7.7% |
| 2008 | 40.4 | +0.4% |
| 2009 | 48.76 | +20.7% |
| 2010 | 38.52 | -21.0% |
| 2011 | 34.48 | -10.5% |
| 2012 | 35.11 | +1.8% |
| 2013 | 30.68 | -12.6% |
| 2014 | 31.45 | +2.5% |
| 2015 | 29.37 | -6.6% |
| 2016 | 30.2 | +2.8% |
| 2017 | 26.76 | -11.4% |
| 2018 | 24 | -10.3% |
| 2019 | 24.16 | +0.7% |
| 2020 | 21.99 | -9.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 37.45 | 36.71 | 38.2 | 2 |
| 1990s | 40.53 | 34.06 | 44.85 | 10 |
| 2000s | 45.28 | 40.23 | 50.89 | 10 |
| 2010s | 30.47 | 24 | 38.52 | 10 |
| 2020s | 21.99 | 21.99 | 21.99 | 1 |
Countries ranked near Jamaica
More reference data data for Jamaica
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.045 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.1808 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.2582 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0003 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.2582 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.1508 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.0583 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.8486 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 1.19 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0015 (2050)
Frequently asked questions
- What is share of government expenditure going to interest payments in Jamaica?
- Share of government expenditure going to interest payments in Jamaica was 21.99 in 2020, according to Our World in Data.
- What is the highest share of government expenditure going to interest payments recorded in Jamaica?
- The highest recorded value was 50.89 in 2003.
- What is the lowest share of government expenditure going to interest payments recorded in Jamaica?
- The lowest recorded value was 21.99 in 2020.
- How does Jamaica rank for share of government expenditure going to interest payments?
- Jamaica ranks 11th out of 152 countries with data for 2020.
- Is share of government expenditure going to interest payments rising or falling in Jamaica?
- Over the last ten years it is down 42.9%. The long-run trend across the full record is falling.
- Where does this Jamaica 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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