Subsidies and other transfers in Australia
Australia: Subsidies and other transfers was 69.4% in 2022. ◆ Volatile
Subsidies and other transfers in Australia, 1974–2022
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 Australia is 69.4%, measured in 2022.
That represents a change of down 5.0% on the previous year and up 3.1% over ten years.
Over the whole period, subsidies and other transfers in Australia peaked at 73.1% in 2021 and was at its lowest, 1.8%, in 1977.
Australia ranks 12th of 152 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Subsidies and other transfers in Australia, year by year
| Year | % of expense | Change |
|---|---|---|
| 1974 | 2.8% | — |
| 1975 | 2.1% | -25.6% |
| 1976 | 1.9% | -10.8% |
| 1977 | 1.8% | -6.0% |
| 1978 | 2.2% | +24.5% |
| 1979 | 2.9% | +33.9% |
| 1980 | 3.0% | +0.8% |
| 1981 | 3.3% | +13.0% |
| 1982 | 3.2% | -4.2% |
| 1983 | 3.1% | -1.8% |
| 1984 | 3.0% | -4.9% |
| 1985 | 3.1% | +2.8% |
| 1986 | 2.8% | -8.1% |
| 1987 | 2.4% | -15.1% |
| 1988 | 2.5% | +4.8% |
| 1989 | 2.2% | -13.1% |
| 1990 | 62.9% | +2783.2% |
| 1991 | 65.2% | +3.7% |
| 1992 | 66.2% | +1.5% |
| 1993 | 67.3% | +1.7% |
| 1994 | 66.5% | -1.1% |
| 1995 | 64.1% | -3.6% |
| 1996 | 66.2% | +3.1% |
| 1997 | 67.2% | +1.6% |
| 1998 | 70.8% | +5.3% |
| 1999 | 65.6% | -7.3% |
| 2000 | 66.0% | +0.6% |
| 2001 | 68.0% | +3.0% |
| 2002 | 68.7% | +1.0% |
| 2003 | 69.3% | +0.9% |
| 2004 | 70.4% | +1.6% |
| 2005 | 70.4% | +0.1% |
| 2006 | 69.6% | -1.1% |
| 2007 | 68.9% | -1.1% |
| 2008 | 69.3% | +0.6% |
| 2009 | 71.3% | +2.9% |
| 2010 | 69.2% | -2.9% |
| 2011 | 68.7% | -0.8% |
| 2012 | 67.3% | -2.0% |
| 2013 | 67.1% | -0.3% |
| 2014 | 67.8% | +1.0% |
| 2015 | 67.6% | -0.2% |
| 2016 | 67.5% | -0.1% |
| 2017 | 67.6% | +0.0% |
| 2018 | 67.2% | -0.5% |
| 2019 | 66.9% | -0.4% |
| 2020 | 70.1% | +4.7% |
| 2021 | 73.1% | +4.3% |
| 2022 | 69.4% | -5.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.3% | 1.8% | 2.9% | 6 |
| 1980s | 2.9% | 2.2% | 3.3% | 10 |
| 1990s | 66.2% | 62.9% | 70.8% | 10 |
| 2000s | 69.2% | 66.0% | 71.3% | 10 |
| 2010s | 67.7% | 66.9% | 69.2% | 10 |
| 2020s | 70.9% | 69.4% | 73.1% | 3 |
Countries ranked near Australia
More public sector data for Australia
- Arms imports 983.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 36.15 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0006 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 159.37 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 983.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 1,244 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0192 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 4.42 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 33.82 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 49.27 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is subsidies and other transfers in Australia?
- Subsidies and other transfers in Australia was 69.4% in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest subsidies and other transfers recorded in Australia?
- The highest recorded value was 73.1% in 2021.
- What is the lowest subsidies and other transfers recorded in Australia?
- The lowest recorded value was 1.8% in 1977.
- How does Australia rank for subsidies and other transfers?
- Australia ranks 12th out of 152 countries with data for 2022.
- Is subsidies and other transfers rising or falling in Australia?
- Over the last ten years it is up 3.1%. The long-run trend across the full record is volatile.
- Where does this Australia 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.