Fiscal interest burden
Interest payments, % of revenue
SEA-11 · 2019 / 2022 / 2023 / 2024
PH and MY observations are both 2024. Other years: Cambodia 2023, Laos and Timor-Leste 2022, Myanmar 2019 (stale). Brunei and Vietnam have no observations; Indonesia’s series ends in 2009 and is withheld. Singapore* has an asset/CPF-linked fiscal structure. Timor-Leste’s Petroleum Fund structure limits comparability. This is a revenue share, not a borrowing rate.
Key findings from this pack
- The Philippines has a larger interest-to-revenue share than Malaysia in the matched observation.
- A revenue burden is not an effective borrowing rate.
- Regional coverage has missing and older observations; do not fill them from a different denominator.
Methods & sources
PH and MY observations are both 2024. Other years: Cambodia 2023, Laos and Timor-Leste 2022, Myanmar 2019 (stale). Brunei and Vietnam have no observations; Indonesia’s series ends in 2009 and is withheld. Singapore* has an asset/CPF-linked fiscal structure. Timor-Leste’s Petroleum Fund structure limits comparability. This is a revenue share, not a borrowing rate.
Cite this page
ASEAN in Data (2026). Fiscal interest burden. /topics/fiscal-interest