Korea - Interest payments
Interest payments (current LCU)
The value for Interest payments (current LCU) in Korea was 19,920,500,000,000 as of 2019. As the graph below shows, over the past 47 years this indicator reached a maximum value of 20,942,400,000,000 in 2014 and a minimum value of 17,000,000,000 in 1972.
Definition: Interest payments include interest payments on government debt--including long-term bonds, long-term loans, and other debt instruments--to domestic and foreign residents.
Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.
| Year | Value |
|---|---|
| 1972 | 17,000,000,000 |
| 1973 | 21,000,000,000 |
| 1974 | 31,000,000,000 |
| 1975 | 49,000,000,000 |
| 1976 | 94,000,000,000 |
| 1977 | 132,000,000,000 |
| 1978 | 190,000,000,000 |
| 1979 | 285,000,000,000 |
| 1980 | 434,000,000,000 |
| 1981 | 567,000,000,000 |
| 1982 | 652,000,000,000 |
| 1983 | 687,000,000,000 |
| 1984 | 857,000,000,000 |
| 1985 | 993,000,000,000 |
| 1986 | 1,134,000,000,000 |
| 1987 | 1,134,000,000,000 |
| 1988 | 1,158,000,000,000 |
| 1989 | 814,000,000,000 |
| 1990 | 1,262,000,000,000 |
| 1991 | 1,245,000,000,000 |
| 1992 | 1,495,000,000,000 |
| 1993 | 1,204,000,000,000 |
| 1994 | 1,830,000,000,000 |
| 1995 | 1,943,000,000,000 |
| 1996 | 1,964,000,000,000 |
| 1997 | 2,258,000,000,000 |
| 1998 | 3,398,650,000,000 |
| 1999 | 5,883,830,000,000 |
| 2000 | 6,888,290,000,000 |
| 2001 | 7,197,710,000,000 |
| 2002 | 6,845,840,000,000 |
| 2003 | 6,597,580,000,000 |
| 2004 | 8,710,040,000,000 |
| 2005 | 10,094,100,000,000 |
| 2006 | 12,150,100,000,000 |
| 2007 | 13,443,800,000,000 |
| 2008 | 14,355,900,000,000 |
| 2009 | 11,519,000,000,000 |
| 2010 | 13,386,600,000,000 |
| 2011 | 14,566,100,000,000 |
| 2012 | 20,161,700,000,000 |
| 2013 | 20,294,100,000,000 |
| 2014 | 20,942,400,000,000 |
| 2015 | 20,761,000,000,000 |
| 2016 | 19,643,400,000,000 |
| 2017 | 19,413,700,000,000 |
| 2018 | 19,220,400,000,000 |
| 2019 | 19,920,500,000,000 |
Interest payments (% of revenue)
Interest payments (% of revenue) in Korea was 3.67 as of 2019. Its highest value over the past 47 years was 7.23 in 1985, while its lowest value was 2.37 in 1996.
Definition: Interest payments include interest payments on government debt--including long-term bonds, long-term loans, and other debt instruments--to domestic and foreign residents.
Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.
See also:
| Year | Value |
|---|---|
| 1972 | 2.95 |
| 1973 | 3.11 |
| 1974 | 3.02 |
| 1975 | 3.16 |
| 1976 | 4.06 |
| 1977 | 4.49 |
| 1978 | 4.65 |
| 1979 | 5.30 |
| 1980 | 6.44 |
| 1981 | 6.64 |
| 1982 | 6.60 |
| 1983 | 6.02 |
| 1984 | 6.85 |
| 1985 | 7.23 |
| 1986 | 7.21 |
| 1987 | 6.13 |
| 1988 | 5.13 |
| 1989 | 3.19 |
| 1990 | 4.03 |
| 1991 | 3.46 |
| 1992 | 3.49 |
| 1993 | 2.42 |
| 1994 | 3.06 |
| 1995 | 2.74 |
| 1996 | 2.37 |
| 1997 | 2.49 |
| 1998 | 3.56 |
| 1999 | 5.55 |
| 2000 | 5.12 |
| 2001 | 5.07 |
| 2002 | 4.40 |
| 2003 | 3.92 |
| 2004 | 4.97 |
| 2005 | 5.35 |
| 2006 | 5.90 |
| 2007 | 5.70 |
| 2008 | 5.82 |
| 2009 | 4.69 |
| 2010 | 5.04 |
| 2011 | 5.07 |
| 2012 | 5.24 |
| 2013 | 5.17 |
| 2014 | 5.26 |
| 2015 | 4.99 |
| 2016 | 4.33 |
| 2017 | 4.00 |
| 2018 | 3.65 |
| 2019 | 3.67 |
Interest payments (% of expense)
Interest payments (% of expense) in Korea was 3.76 as of 2019. Its highest value over the past 47 years was 8.32 in 1986, while its lowest value was 2.57 in 1972.
Definition: Interest payments include interest payments on government debt--including long-term bonds, long-term loans, and other debt instruments--to domestic and foreign residents.
Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.
See also:
| Year | Value |
|---|---|
| 1972 | 2.57 |
| 1973 | 3.36 |
| 1974 | 3.17 |
| 1975 | 3.36 |
| 1976 | 4.46 |
| 1977 | 5.21 |
| 1978 | 5.55 |
| 1979 | 6.00 |
| 1980 | 7.28 |
| 1981 | 7.67 |
| 1982 | 7.15 |
| 1983 | 7.12 |
| 1984 | 7.96 |
| 1985 | 8.11 |
| 1986 | 8.32 |
| 1987 | 7.36 |
| 1988 | 6.49 |
| 1989 | 3.75 |
| 1990 | 4.75 |
| 1991 | 3.90 |
| 1992 | 4.01 |
| 1993 | 2.91 |
| 1994 | 3.73 |
| 1995 | 3.41 |
| 1996 | 3.02 |
| 1997 | 3.19 |
| 1998 | 4.14 |
| 1999 | 6.70 |
| 2000 | 6.87 |
| 2001 | 6.23 |
| 2002 | 5.65 |
| 2003 | 4.55 |
| 2004 | 5.58 |
| 2005 | 5.92 |
| 2006 | 6.51 |
| 2007 | 6.85 |
| 2008 | 6.79 |
| 2009 | 4.95 |
| 2010 | 5.74 |
| 2011 | 5.78 |
| 2012 | 5.68 |
| 2013 | 5.63 |
| 2014 | 5.67 |
| 2015 | 5.33 |
| 2016 | 4.80 |
| 2017 | 4.41 |
| 2018 | 4.06 |
| 2019 | 3.76 |
Classification
Topic: Public Sector Indicators
Sub-Topic: Government finance
