Canada vs Republic of Korea: Subsidies and other transfers
Subsidies and other transfers over time
- Canada
- Republic of Korea
How they compare
Canada currently reports 68.9% against 68.5% in Republic of Korea, a difference of 0.4%.
The two have swapped places 3 times across 34 shared years of data; in 1990 it was Republic of Korea ahead.
Canada ranks 15th and Republic of Korea ranks 17th of 152 countries.
Across the 4 decades both report, Canada averaged higher in 3 and Republic of Korea in 1.
Head to head by decade
| Decade | Canada | Republic of Korea | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 55.6% | 58.9% | 3.2% | Republic of Korea |
| 2000s | 61.6% | 55.2% | 6.4% | Canada |
| 2010s | 69.3% | 62.4% | 6.9% | Canada |
| 2020s | 74.0% | 70.2% | 3.8% | Canada |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher subsidies and other transfers, Canada or Republic of Korea?
- Canada, at 68.9% against 68.5% in Republic of Korea as of 2023.
- What is the difference in subsidies and other transfers between Canada and Republic of Korea?
- 0.4%, with Canada ahead.
- How many years of comparable data are there for Canada and Republic of Korea?
- 34 years are reported by both, from 1990 to 2023.
- How do Canada and Republic of Korea rank globally for subsidies and other transfers?
- Canada ranks 15th and Republic of Korea ranks 17th 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.
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 as percentage of total expenses which is any decrease in net worth resulting from a transaction.