Brazil vs Latin America & Caribbean (excluding high income): Subsidies and other transfers
Subsidies and other transfers over time
- Brazil
- Latin America & Caribbean (excluding high income)
How they compare
Brazil currently reports 62.8% against 37.0% in Latin America & Caribbean (excluding high income), a difference of 25.8%.
That makes Brazil's figure about 1.7 times Latin America & Caribbean (excluding high income)'s.
Across all 14 years both countries report, Brazil has been ahead every year.
Brazil ranks 25th and Latin America & Caribbean (excluding high income) ranks 22nd of 152 countries.
Brazil has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Brazil | Latin America & Caribbean (excluding high income) | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 58.4% | 34.9% | 23.5% | Brazil |
| 2020s | 65.3% | 36.6% | 28.7% | Brazil |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher subsidies and other transfers, Brazil or Latin America & Caribbean (excluding high income)?
- Brazil, at 62.8% against 37.0% in Latin America & Caribbean (excluding high income) as of 2023.
- What is the difference in subsidies and other transfers between Brazil and Latin America & Caribbean (excluding high income)?
- 25.8%, with Brazil ahead.
- How many years of comparable data are there for Brazil and Latin America & Caribbean (excluding high income)?
- 14 years are reported by both, from 2010 to 2023.
- How do Brazil and Latin America & Caribbean (excluding high income) rank globally for subsidies and other transfers?
- Brazil ranks 25th and Latin America & Caribbean (excluding high income) ranks 22nd of 152 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Subsidies and other transfers (% of expense). 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 as percentage of total expenses which is any decrease in net worth resulting from a transaction.