Italy vs United Kingdom: Subsidies and other transfers (current LCU)
Subsidies and other transfers (current LCU) over time
- Italy
- United Kingdom
How they compare
Italy currently reports 665.27 billion current LCU against 551.88 billion current LCU in United Kingdom, a difference of 113.39 billion current LCU.
That makes Italy's figure about 1.2 times United Kingdom's.
Across all 30 years both countries report, Italy has been ahead every year.
Italy ranks 52nd and United Kingdom ranks 54th of 153 countries.
Italy has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Italy | United Kingdom | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 279.28 billion current LCU | 171.92 billion current LCU | 107.37 billion current LCU | Italy |
| 2000s | 371.03 billion current LCU | 267.45 billion current LCU | 103.58 billion current LCU | Italy |
| 2010s | 489.39 billion current LCU | 385.64 billion current LCU | 103.75 billion current LCU | Italy |
| 2020s | 621.14 billion current LCU | 525.06 billion current LCU | 96.08 billion current LCU | Italy |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher subsidies and other transfers, Italy or United Kingdom?
- Italy, at 665.27 billion current LCU against 551.88 billion current LCU in United Kingdom as of 2024.
- What is the difference in subsidies and other transfers between Italy and United Kingdom?
- 113.39 billion current LCU, with Italy ahead.
- How many years of comparable data are there for Italy and United Kingdom?
- 30 years are reported by both, from 1995 to 2024.
- How do Italy and United Kingdom rank globally for subsidies and other transfers?
- Italy ranks 52nd and United Kingdom ranks 54th 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.
Individual pages
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.