Government borrowing costs remain at elevated levels since the Covid pandemic
Interest payments on public debt, % of GDP
US
Italy
6%
5.0%
4.0%
4
2
0
2021
2024
2026
2021
2024
2026
UK
Greece
6%
4
3.3%
2.7%
2
0
2021
2024
2026
2021
2024
2026
France
Germany
6%
4
2.5%
2
1.2%
0
2021
2024
2026
2021
2024
2026
US
Italy
6%
5.0%
4.0%
4
2
0
2021
2024
2026
2021
2024
2026
UK
Greece
6%
4
3.3%
2.7%
2
0
2021
2024
2026
2021
2024
2026
France
Germany
6%
4
2.5%
2
1.2%
0
2021
2024
2026
2021
2024
2026
US
Italy
Greece
6%
5.0%
4.0%
4
3.3%
2
0
2021
2024
2026
2021
2024
2026
2021
2024
2026
UK
France
Germany
6%
4
2.7%
2.5%
2
1.2%
0
2021
2024
2026
2021
2024
2026
2021
2024
2026
US
Italy
Greece
6%
5.0%
4.0%
4
3.3%
2
0
2021
2024
2026
2021
2024
2026
2021
2024
2026
UK
France
Germany
6%
4
2.7%
2.5%
2
1.2%
0
2021
2024
2026
2021
2024
2026
2021
2024
2026