Grants and other revenue in Latin America & Caribbean
Latin America & Caribbean: Grants and other revenue was 18.4% in 2024. ▲ Rising
Grants and other revenue in Latin America & Caribbean, 1998–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
In 2024, grants and other revenue in Latin America & Caribbean stood at 18.4%. That is the highest value across all 25 years on record.
That represents a change of up 3.7% on the previous year and up 20.4% over ten years.
Over the whole period, grants and other revenue in Latin America & Caribbean peaked at 18.4% in 2024 and was at its lowest, 11.6%, in 2005.
Latin America & Caribbean ranks 19th of 42 groups on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 25 years of available data.
Grants and other revenue in Latin America & Caribbean, year by year
| Year | % of revenue | Change |
|---|---|---|
| 1998 | 12.5% | — |
| 1999 | 13.4% | +7.3% |
| 2000 | 13.8% | +3.3% |
| 2003 | 12.5% | -9.6% |
| 2004 | 11.6% | -7.2% |
| 2005 | 11.6% | -0.2% |
| 2006 | 13.8% | +19.2% |
| 2007 | 14.4% | +4.2% |
| 2008 | 15.6% | +8.8% |
| 2009 | 15.8% | +1.2% |
| 2010 | 14.8% | -6.6% |
| 2011 | 14.6% | -1.0% |
| 2012 | 14.0% | -4.0% |
| 2013 | 14.3% | +1.8% |
| 2014 | 15.2% | +6.7% |
| 2015 | 15.8% | +3.4% |
| 2016 | 15.1% | -4.2% |
| 2017 | 17.3% | +14.4% |
| 2018 | 16.8% | -2.7% |
| 2019 | 17.5% | +3.9% |
| 2020 | 15.9% | -9.2% |
| 2021 | 15.2% | -4.0% |
| 2022 | 18.0% | +17.9% |
| 2023 | 17.7% | -1.4% |
| 2024 | 18.4% | +3.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 12.9% | 12.5% | 13.4% | 2 |
| 2000s | 13.6% | 11.6% | 15.8% | 8 |
| 2010s | 15.5% | 14.0% | 17.5% | 10 |
| 2020s | 17.0% | 15.2% | 18.4% | 5 |
Countries ranked near Latin America & Caribbean
More public sector data for Latin America & Caribbean
- Arms imports 644.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 0.9725 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 67.27 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 644.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 110.81 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0104 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 10.62 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 73.38 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 19.2 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is grants and other revenue in Latin America & Caribbean?
- Grants and other revenue in Latin America & Caribbean was 18.4% 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?
- The highest recorded value was 18.4% in 2024.
- What is the lowest grants and other revenue recorded in Latin America & Caribbean?
- The lowest recorded value was 11.6% in 2005.
- How does Latin America & Caribbean rank for grants and other revenue?
- Latin America & Caribbean ranks 19th out of 42 groups with data for 2024.
- Is grants and other revenue rising or falling in Latin America & Caribbean?
- Over the last ten years it is up 20.4%. The long-run trend across the full record is rising.
- Where does this Latin America & Caribbean 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.