Subsidies and other transfers in Bhutan
Bhutan: Subsidies and other transfers was 15.9% in 2020. ◆ Volatile
Subsidies and other transfers in Bhutan, 1988–2020
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
In 2020, subsidies and other transfers in Bhutan stood at 15.9%.
That represents a change of up 77.4% on the previous year and up 269.4% over ten years.
Over the whole period, subsidies and other transfers in Bhutan peaked at 16.1% in 2018 and was at its lowest, 0.7%, in 1988.
Bhutan ranks 135th of 152 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Subsidies and other transfers in Bhutan, year by year
| Year | % of expense | Change |
|---|---|---|
| 1988 | 0.7% | — |
| 1989 | 1.0% | +43.4% |
| 1990 | 4.2% | +323.7% |
| 1991 | 4.6% | +8.9% |
| 1992 | 3.9% | -15.5% |
| 1993 | 6.5% | +67.7% |
| 1994 | 10.3% | +58.0% |
| 1995 | 15.1% | +47.0% |
| 1996 | 4.5% | -70.1% |
| 1997 | 5.0% | +9.8% |
| 1998 | 6.9% | +40.1% |
| 1999 | 11.6% | +67.1% |
| 2000 | 6.8% | -41.8% |
| 2001 | 13.4% | +97.9% |
| 2002 | 6.1% | -54.5% |
| 2003 | 6.9% | +13.7% |
| 2004 | 8.4% | +21.7% |
| 2005 | 3.9% | -53.7% |
| 2006 | 3.4% | -11.6% |
| 2007 | 3.3% | -2.8% |
| 2008 | 2.9% | -13.0% |
| 2009 | 2.4% | -17.8% |
| 2010 | 4.3% | +79.3% |
| 2011 | 4.8% | +10.9% |
| 2012 | 4.9% | +3.4% |
| 2013 | 5.5% | +11.7% |
| 2014 | 4.8% | -13.1% |
| 2015 | 7.1% | +49.4% |
| 2016 | 8.6% | +19.8% |
| 2017 | 10.7% | +25.3% |
| 2018 | 16.1% | +50.0% |
| 2019 | 8.9% | -44.3% |
| 2020 | 15.9% | +77.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.8% | 0.7% | 1.0% | 2 |
| 1990s | 7.3% | 3.9% | 15.1% | 10 |
| 2000s | 5.8% | 2.4% | 13.4% | 10 |
| 2010s | 7.6% | 4.3% | 16.1% | 10 |
| 2020s | 15.9% | 15.9% | 15.9% | 1 |
Countries ranked near Bhutan
- 132 Marshall Islands 17.1% compare
- 133 Honduras 17.0% compare
- 134 Botswana 16.9% compare
- 136 Equatorial Guinea 15.3% compare
- 137 Seychelles 15.1% compare
- 138 Costa Rica 14.9% compare
More public sector data for Bhutan
- Arms imports 4.00 million SIPRI trend indicator values (2021)
- Arms imports (SIPRI trend indicator values), per capita 5.16 SIPRI trend indicator values per person (2021)
- Arms imports (SIPRI trend indicator values), gaps filled 4.00 million SIPRI trend indicator values (2021)
- Arms imports (SIPRI trend indicator values), per square kilometre 104.88 SIPRI trend indicator values per square kilometre (2021)
- Tax revenue 12.3% (2020)
- Capital stock, General government, Current prices, Domestic currency 245.49 (2019)
- Taxes on income, profits and capital gains 19.9% (2020)
- Capital stock, General government, Constant prices, Percent of GDP 94.12 (2019)
- Capital stock, General government, Constant prices, Purchasing power 8.39 (2019)
- Taxes on goods and services 17.9% (2020)
Frequently asked questions
- What is subsidies and other transfers in Bhutan?
- Subsidies and other transfers in Bhutan was 15.9% in 2020, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest subsidies and other transfers recorded in Bhutan?
- The highest recorded value was 16.1% in 2018.
- What is the lowest subsidies and other transfers recorded in Bhutan?
- The lowest recorded value was 0.7% in 1988.
- How does Bhutan rank for subsidies and other transfers?
- Bhutan ranks 135th out of 152 countries with data for 2020.
- Is subsidies and other transfers rising or falling in Bhutan?
- Over the last ten years it is up 269.4%. The long-run trend across the full record is volatile.
- Where does this Bhutan 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.