Subsidies and other transfers in Argentina
Argentina: Subsidies and other transfers was 68.8% in 2023. ▲ Rising
Subsidies and other transfers in Argentina, 1990–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
The most recent figure for subsidies and other transfers in Argentina is 68.8%, measured in 2023.
Compared with earlier readings it is down 7.9% on the previous year and up 4.0% over ten years.
Over the whole period, subsidies and other transfers in Argentina peaked at 77.2% in 2020 and was at its lowest, 43.4%, in 2002.
Argentina ranks 16th of 152 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 25 years of available data.
Subsidies and other transfers in Argentina, year by year
| Year | % of expense | Change |
|---|---|---|
| 1990 | 59.8% | — |
| 1991 | 55.6% | -6.9% |
| 1992 | 63.3% | +13.8% |
| 1993 | 68.0% | +7.3% |
| 1994 | 68.4% | +0.7% |
| 1995 | 66.7% | -2.6% |
| 1996 | 66.5% | -0.3% |
| 1997 | 64.6% | -2.9% |
| 1998 | 64.2% | -0.6% |
| 1999 | 62.0% | -3.4% |
| 2000 | 60.7% | -2.2% |
| 2001 | 58.9% | -3.0% |
| 2002 | 43.4% | -26.2% |
| 2003 | 44.6% | +2.6% |
| 2004 | 50.1% | +12.4% |
| 2014 | 66.1% | +32.0% |
| 2015 | 65.5% | -0.9% |
| 2016 | 63.8% | -2.6% |
| 2017 | 64.4% | +1.0% |
| 2018 | 66.3% | +2.9% |
| 2019 | 67.2% | +1.4% |
| 2020 | 77.2% | +14.9% |
| 2021 | 75.1% | -2.8% |
| 2022 | 74.7% | -0.5% |
| 2023 | 68.8% | -7.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 63.9% | 55.6% | 68.4% | 10 |
| 2000s | 51.5% | 43.4% | 60.7% | 5 |
| 2010s | 65.5% | 63.8% | 67.2% | 6 |
| 2020s | 73.9% | 68.8% | 77.2% | 4 |
Countries ranked near Argentina
- 13 North Macedonia 69.1% compare
- 14 Kazakhstan 69.0% compare
- 15 Canada 68.9% compare
- 17 South Korea 68.5% compare
- 18 Moldova 66.0% compare
- 19 Norway 64.3% compare
More public sector data for Argentina
- Arms imports 43.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 0.941 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 104.76 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 43.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 91.42 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0065 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate -14.43 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 4.18 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 7.67 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is subsidies and other transfers in Argentina?
- Subsidies and other transfers in Argentina was 68.8% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest subsidies and other transfers recorded in Argentina?
- The highest recorded value was 77.2% in 2020.
- What is the lowest subsidies and other transfers recorded in Argentina?
- The lowest recorded value was 43.4% in 2002.
- How does Argentina rank for subsidies and other transfers?
- Argentina ranks 16th out of 152 countries with data for 2023.
- Is subsidies and other transfers rising or falling in Argentina?
- Over the last ten years it is up 4.0%. The long-run trend across the full record is rising.
- Where does this Argentina 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 (% of expense). 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 as percentage of total expenses which is any decrease in net worth resulting from a transaction.