Subsidies and other transfers (% of expense) in Argentina
Argentina: Subsidies and other transfers (% of expense) 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 (% of expense) 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% |
Argentina compared with similar countries
- Argentina's 68.8% is above the median for upper middle income countries, which is 35.7%, 1.9× the median. (46 countries reporting)
- Argentina's 68.8% is above the median for Latin America & Caribbean, which is 34.3%, 2.0× the median. (24 countries reporting)
Biggest year-on-year movements
Years where Subsidies and other transfers (% of expense) in Argentina 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 |
|---|---|---|---|
| 2014 | +32.0% | 50.1% | 66.1% |
| 2002 | -26.2% | 58.9% | 43.4% |
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
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Arms imports 108.00 million SIPRI trend indicator values (2025)
- 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)
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.