Subsidies and other transfers (current LCU) in Canada
Canada: Subsidies and other transfers (current LCU) was 434.96 billion current LCU in 2024. ◆ Volatile
Subsidies and other transfers in Canada, 1990–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Canada recorded 434.96 billion current LCU for subsidies and other transfers in 2024.
The figure is up 11.7% on the previous year and up 92.8% over ten years.
Over the whole period, subsidies and other transfers in Canada peaked at 507.42 billion current LCU in 2020 and was at its lowest, 87.46 billion current LCU, in 1990.
That places Canada 58th out of 153 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Subsidies and other transfers (current LCU) in Canada, year by year
| Year | current LCU | Change |
|---|---|---|
| 1990 | 87.46 billion current LCU | — |
| 1991 | 97.81 billion current LCU | +11.8% |
| 1992 | 104.51 billion current LCU | +6.8% |
| 1993 | 107.82 billion current LCU | +3.2% |
| 1994 | 106.94 billion current LCU | -0.8% |
| 1995 | 108.22 billion current LCU | +1.2% |
| 1996 | 106.09 billion current LCU | -2.0% |
| 1997 | 102.83 billion current LCU | -3.1% |
| 1998 | 104.97 billion current LCU | +2.1% |
| 1999 | 112.28 billion current LCU | +7.0% |
| 2000 | 114.47 billion current LCU | +2.0% |
| 2001 | 123.04 billion current LCU | +7.5% |
| 2002 | 125.18 billion current LCU | +1.7% |
| 2003 | 137.09 billion current LCU | +9.5% |
| 2004 | 141.35 billion current LCU | +3.1% |
| 2005 | 162.56 billion current LCU | +15.0% |
| 2006 | 161.62 billion current LCU | -0.6% |
| 2007 | 172.65 billion current LCU | +6.8% |
| 2008 | 184.05 billion current LCU | +6.6% |
| 2009 | 196.28 billion current LCU | +6.6% |
| 2010 | 214.27 billion current LCU | +9.2% |
| 2011 | 209.43 billion current LCU | -2.3% |
| 2012 | 215.20 billion current LCU | +2.8% |
| 2013 | 220.69 billion current LCU | +2.5% |
| 2014 | 225.61 billion current LCU | +2.2% |
| 2015 | 239.32 billion current LCU | +6.1% |
| 2016 | 253.19 billion current LCU | +5.8% |
| 2017 | 267.96 billion current LCU | +5.8% |
| 2018 | 278.00 billion current LCU | +3.7% |
| 2019 | 299.40 billion current LCU | +7.7% |
| 2020 | 507.42 billion current LCU | +69.5% |
| 2021 | 434.28 billion current LCU | -14.4% |
| 2022 | 369.44 billion current LCU | -14.9% |
| 2023 | 389.31 billion current LCU | +5.4% |
| 2024 | 434.96 billion current LCU | +11.7% |
Canada compared with similar countries
- Canada's 434.96 billion current LCU is above the median for high income countries, which is 61.98 billion current LCU, 7.0× the median. (57 countries reporting)
Biggest year-on-year movements
Years where Subsidies and other transfers (current LCU) in Canada changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2020 | +69.5% | 299.40 billion current LCU | 507.42 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 103.89 billion current LCU | 87.46 billion current LCU | 112.28 billion current LCU | 10 |
| 2000s | 151.83 billion current LCU | 114.47 billion current LCU | 196.28 billion current LCU | 10 |
| 2010s | 242.31 billion current LCU | 209.43 billion current LCU | 299.40 billion current LCU | 10 |
| 2020s | 427.08 billion current LCU | 369.44 billion current LCU | 507.42 billion current LCU | 5 |
Countries ranked near Canada
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Frequently asked questions
- What is subsidies and other transfers in Canada?
- Subsidies and other transfers in Canada was 434.96 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest subsidies and other transfers recorded in Canada?
- The highest recorded value was 507.42 billion current LCU in 2020.
- What is the lowest subsidies and other transfers recorded in Canada?
- The lowest recorded value was 87.46 billion current LCU in 1990.
- How does Canada rank for subsidies and other transfers?
- Canada ranks 58th out of 153 countries with data for 2024.
- Is subsidies and other transfers rising or falling in Canada?
- Over the last ten years it is up 92.8%. The long-run trend across the full record is volatile.
- Where does this Canada data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Subsidies and other transfers (current LCU). Statizoid updates them automatically from the source API.
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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 in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.