Eswatini Interest Payments to Revenue
Interest payments as % of revenue GC.XPN.INTP.RV.ZS
Eswatini's interest payments to revenue was 7.41% in 2021, ranked 76th globally. This represents a 3.5% decrease from 2020. Data from World Bank, covering 1999–2021.
Overview
Eswatini's interest payments to revenue stood at 7.41% in 2021, a decline of +0.27pp from 2020. Eswatini ranked 76th globally.
Eswatini’s interest payments as a share of revenue have risen sharply over the 22‑year series, climbing from 2.62 % in 1999 to a peak of 7.68 % in 2020 before easing slightly to 7.41 % in 2021, placing the kingdom 76th globally. The trough in 2007, when interest costs fell to 2.14 % of revenue, marked the low point of a decade‑long upward trajectory that accelerated after the global financial crisis. By contrast, peer economies such as Uruguay (7.51 %) and Argentina (7.84 %) are clustered around similar levels, suggesting that Eswatini’s debt service burden is now comparable to those facing higher‑interest environments. The modest decline from the 2020 peak indicates some fiscal adjustment, yet the ratio remains well above the early‑2000s baseline. Continued consolidation of public debt and improvements in revenue mobilization will be crucial to reverse the upward trend and bring the share of interest payments back toward historic lows.
Data & projection
| Year | Interest Payments to Revenue | YoY change | Rank |
|---|---|---|---|
| 2021 | 7.41% | −0.27pp | #76 |
| 2020 | 7.68% | +3.09pp | #79 |
| 2019 | 4.59% | −0.64pp | #61 |
| 2018 | 5.23% | +1.12pp | #62 |
| 2017 | 4.11% | +0.63pp | #52 |
| 2016 | 3.47% | +1.01pp | #40 |
| 2015 | 2.47% | +0.29pp | #31 |
| 2014 | 2.18% | −0.15pp | #29 |
| 2012 | 2.33% | −2.01pp | #31 |
| 2011 | 4.34% | +0.26pp | #52 |
| 2010 | 4.08% | +0.13pp | #48 |
| 2009 | 3.95% | +1.30pp | #47 |
| 2008 | 2.65% | +0.51pp | #38 |
| 2007 | 2.14% | −0.52pp | #24 |
| 2006 | 2.66% | −1.12pp | #22 |
Detected Pattern
Analysis
Eswatini matched the Export Boom Cycle pattern in 2012. Historically, 71% of countries showing this pattern (546 out of 768) saw interest payments to revenue improve within 24 months. View full analysis →
Frequently Asked Questions
Eswatini's interest payments to revenue was 7.41% in 2021. Ranked 76th globally. This represents a 3.5% decrease from the previous year.
Eswatini's interest payments to revenue peaked at 7.68% in 2020.
The lowest interest payments to revenue in Eswatini was 2.14% in 2007.
Eswatini ranks 76th globally in interest payments to revenue as of 2021.
The World Bank indicator code is GC.XPN.INTP.RV.ZS. Data sourced from World Bank.
The interest payments to revenue of Eswatini in 2021 was 7.41%. This ranks 76th in the world.
Cite this page
@misc{historysaid_eswatini_interest-to-revenue,
title = {Eswatini Interest Payments to Revenue},
url = {https://historysaid.com/eswatini/interest-to-revenue/},
publisher = {HistorySaid},
year = {2026}
}