Latin America & Caribbean (excluding high income) vs Mexico: Subsidies and other transfers
Subsidies and other transfers over time
- Latin America & Caribbean (excluding high income)
- Mexico
How they compare
Mexico currently reports 63.1% against 37.0% in Latin America & Caribbean (excluding high income), a difference of 26.1%.
That makes Mexico's figure about 1.7 times Latin America & Caribbean (excluding high income)'s.
Across all 15 years both countries report, Mexico has been ahead every year.
Latin America & Caribbean (excluding high income) ranks 22nd and Mexico ranks 24th of 40 groups.
Mexico has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Latin America & Caribbean (excluding high income) | Mexico | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 32.7% | 61.5% | 28.9% | Mexico |
| 2010s | 34.9% | 62.8% | 28.0% | Mexico |
| 2020s | 36.6% | 62.8% | 26.3% | Mexico |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher subsidies and other transfers, Latin America & Caribbean (excluding high income) or Mexico?
- Mexico, at 63.1% against 37.0% in Latin America & Caribbean (excluding high income) as of 2023.
- What is the difference in subsidies and other transfers between Latin America & Caribbean (excluding high income) and Mexico?
- 26.1%, with Mexico ahead.
- How many years of comparable data are there for Latin America & Caribbean (excluding high income) and Mexico?
- 15 years are reported by both, from 2009 to 2023.
- How do Latin America & Caribbean (excluding high income) and Mexico rank globally for subsidies and other transfers?
- Latin America & Caribbean (excluding high income) ranks 22nd and Mexico ranks 24th of 40 groups.
- 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.