Grants and other revenue in Latin America & Caribbean (excluding high income)
Latin America & Caribbean (excluding high income): Grants and other revenue was 11.9% in 2024. ▬ Flat
Grants and other revenue in Latin America & Caribbean (excluding high income), 1998–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
Latin America & Caribbean (excluding high income) recorded 11.9% for grants and other revenue in 2024. That is the lowest value across all 24 years on record.
The figure is down 21.4% on the previous year and down 22.8% over ten years.
Over the whole period, grants and other revenue in Latin America & Caribbean (excluding high income) peaked at 20.3% in 2008 and was at its lowest, 11.9%, in 2024.
Latin America & Caribbean (excluding high income) ranks 34th of 42 groups on this measure, in the bottom quarter.
Grants and other revenue in Latin America & Caribbean (excluding high income), year by year
| Year | % of revenue | Change |
|---|---|---|
| 1998 | 14.8% | — |
| 1999 | 15.6% | +4.9% |
| 2000 | 20.0% | +28.2% |
| 2003 | 13.4% | -33.1% |
| 2005 | 15.1% | +13.0% |
| 2006 | 14.1% | -6.7% |
| 2007 | 17.9% | +26.9% |
| 2008 | 20.3% | +13.3% |
| 2009 | 17.3% | -14.5% |
| 2010 | 17.3% | -0.2% |
| 2011 | 18.6% | +7.6% |
| 2012 | 18.5% | -0.8% |
| 2013 | 17.7% | -4.2% |
| 2014 | 15.4% | -12.7% |
| 2015 | 17.8% | +15.2% |
| 2016 | 16.8% | -5.6% |
| 2017 | 18.7% | +11.6% |
| 2018 | 19.0% | +1.4% |
| 2019 | 16.2% | -14.7% |
| 2020 | 15.9% | -2.1% |
| 2021 | 15.2% | -4.0% |
| 2022 | 16.7% | +9.9% |
| 2023 | 15.2% | -9.4% |
| 2024 | 11.9% | -21.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 15.2% | 14.8% | 15.6% | 2 |
| 2000s | 16.9% | 13.4% | 20.3% | 7 |
| 2010s | 17.6% | 15.4% | 19.0% | 10 |
| 2020s | 15.0% | 11.9% | 16.7% | 5 |
Countries ranked near Latin America & Caribbean (excluding high income)
- 31 Gabon 35.6% compare
- 32 Guinea-Bissau 35.6% compare
- 33 Seychelles 35.4% compare
- 34 Democratic Republic of Congo 35.1% compare
- 35 Rwanda 34.4% compare
- 36 Lesotho 34.0% compare
- 37 Panama 33.3% compare
More public sector data for Latin America & Caribbean (excluding high income)
- Arms imports 611.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 0.9814 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0001 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 64.69 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 611.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 106.17 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0105 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 12.04 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 66.10 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 19.76 SIPRI trend indicator values per square kilometre (2023)
All data for Latin America & Caribbean (excluding high income) →
Frequently asked questions
- What is grants and other revenue in Latin America & Caribbean (excluding high income)?
- Grants and other revenue in Latin America & Caribbean (excluding high income) was 11.9% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest grants and other revenue recorded in Latin America & Caribbean (excluding high income)?
- The highest recorded value was 20.3% in 2008.
- What is the lowest grants and other revenue recorded in Latin America & Caribbean (excluding high income)?
- The lowest recorded value was 11.9% in 2024.
- How does Latin America & Caribbean (excluding high income) rank for grants and other revenue?
- Latin America & Caribbean (excluding high income) ranks 34th out of 42 groups with data for 2024.
- Is grants and other revenue rising or falling in Latin America & Caribbean (excluding high income)?
- Over the last ten years it is down 22.8%. The long-run trend across the full record is flat.
- Where does this Latin America & Caribbean (excluding high income) data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Grants and other revenue (% of revenue). Statizoid updates them automatically from the source API.
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About this data
Grants are transfers receivable by government units, from other resident or nonresident government units or international organizations, that do not meet the definition of a tax, subsidy, or social contribution. Other revenue is all revenue receivable excluding taxes, social contributions, and grants. This category of revenue includes property income, sales of goods and services, and miscellaneous other types of revenue. This indicator is expressed as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.