This economic indicator reflects the total financial obligations incurred by the government in the form of interest payments on its outstanding debt, which encompasses various instruments such as long-term bonds and loans. These payments are made both to domestic entities and foreign creditors, illustrating the government's fiscal responsibilities and its reliance on borrowed capital. Tracking this indicator provides valuable insights into the government's debt servicing capacity, influencing budgetary allocations and fiscal policy decisions. A rising trend may signal potential strain on public finances, while a stable or decreasing pattern could indicate effective debt management or favorable economic conditions, ultimately impacting investor confidence and national credit ratings. Source: