Ecuador vs Papua New Guinea: Subsidies and other transfers
Subsidies and other transfers over time
- Ecuador
- Papua New Guinea
How they compare
Ecuador currently reports 12.95 billion current LCU against 12.31 billion current LCU in Papua New Guinea, a difference of 641.60 million current LCU.
That makes Ecuador's figure about 1.1 times Papua New Guinea's.
Across all 9 years both countries report, Ecuador has been ahead every year.
Ecuador ranks 111th and Papua New Guinea ranks 114th of 153 countries.
Ecuador has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Ecuador | Papua New Guinea | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 10.17 billion current LCU | 5.99 billion current LCU | 4.17 billion current LCU | Ecuador |
| 2020s | 12.27 billion current LCU | 8.56 billion current LCU | 3.70 billion current LCU | Ecuador |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher subsidies and other transfers, Ecuador or Papua New Guinea?
- Ecuador, at 12.95 billion current LCU against 12.31 billion current LCU in Papua New Guinea as of 2022.
- What is the difference in subsidies and other transfers between Ecuador and Papua New Guinea?
- 641.60 million current LCU, with Ecuador ahead.
- How many years of comparable data are there for Ecuador and Papua New Guinea?
- 9 years are reported by both, from 2014 to 2022.
- How do Ecuador and Papua New Guinea rank globally for subsidies and other transfers?
- Ecuador ranks 111th and Papua New Guinea ranks 114th of 153 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Subsidies and other transfers (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Subsidies are current unrequited payments that government units, including nonresident government units, make to enterprises on the basis of the levels of their production activities or the quantities or values of the goods or services that they produce, sell, export or import. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.