Latin America & Caribbean vs North Macedonia: Subsidies and other transfers
Subsidies and other transfers over time
- Latin America & Caribbean
- North Macedonia
How they compare
North Macedonia currently reports 69.1% against 43.6% in Latin America & Caribbean, a difference of 25.5%.
That makes North Macedonia's figure about 1.6 times Latin America & Caribbean's.
Across all 19 years both countries report, North Macedonia has been ahead every year.
Latin America & Caribbean ranks 15th and North Macedonia ranks 13th of 40 groups.
North Macedonia has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Latin America & Caribbean | North Macedonia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 36.2% | 49.7% | 13.5% | North Macedonia |
| 2010s | 35.4% | 69.2% | 33.8% | North Macedonia |
| 2020s | 38.6% | 73.0% | 34.5% | North Macedonia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher subsidies and other transfers, Latin America & Caribbean or North Macedonia?
- North Macedonia, at 69.1% against 43.6% in Latin America & Caribbean as of 2023.
- What is the difference in subsidies and other transfers between Latin America & Caribbean and North Macedonia?
- 25.5%, with North Macedonia ahead.
- How many years of comparable data are there for Latin America & Caribbean and North Macedonia?
- 19 years are reported by both, from 2005 to 2023.
- How do Latin America & Caribbean and North Macedonia rank globally for subsidies and other transfers?
- Latin America & Caribbean ranks 15th and North Macedonia ranks 13th 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.
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.