Subsidies and other transfers in East Asia & Pacific (IDA & IBRD countries)
East Asia & Pacific (IDA & IBRD countries): Subsidies and other transfers was 35.5% in 2022. ▲ Rising
Subsidies and other transfers in East Asia & Pacific (IDA & IBRD countries), 2002–2022
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 East Asia & Pacific (IDA & IBRD countries) is 35.5%, measured in 2022.
That represents a change of down 2.2% on the previous year and up 39.7% over ten years.
Over the whole period, subsidies and other transfers in East Asia & Pacific (IDA & IBRD countries) peaked at 36.3% in 2021 and was at its lowest, 21.0%, in 2002.
That places East Asia & Pacific (IDA & IBRD countries) 24th out of 40 groups with data for 2022, putting it in the middle of the range.
The long-run direction has been consistently rising across the 17 years of available data.
Subsidies and other transfers in East Asia & Pacific (IDA & IBRD countries), year by year
| Year | % of expense | Change |
|---|---|---|
| 2002 | 21.0% | — |
| 2003 | 27.4% | +30.8% |
| 2008 | 28.4% | +3.6% |
| 2009 | 24.9% | -12.3% |
| 2010 | 23.2% | -6.9% |
| 2011 | 25.3% | +9.1% |
| 2012 | 25.4% | +0.4% |
| 2013 | 23.9% | -6.0% |
| 2014 | 25.1% | +5.1% |
| 2015 | 24.8% | -1.2% |
| 2016 | 33.3% | +34.4% |
| 2017 | 34.0% | +2.1% |
| 2018 | 27.4% | -19.3% |
| 2019 | 28.4% | +3.3% |
| 2020 | 31.6% | +11.5% |
| 2021 | 36.3% | +14.7% |
| 2022 | 35.5% | -2.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 25.4% | 21.0% | 28.4% | 4 |
| 2010s | 27.1% | 23.2% | 34.0% | 10 |
| 2020s | 34.5% | 31.6% | 36.3% | 3 |
Countries ranked near East Asia & Pacific (IDA & IBRD countries)
More public sector data for East Asia & Pacific (IDA & IBRD countries)
- Arms imports 872.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 0.4124 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -41.87 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 872.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 163.99 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0156 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 6.25 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 346.78 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 94.45 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is subsidies and other transfers in East Asia & Pacific (IDA & IBRD countries)?
- Subsidies and other transfers in East Asia & Pacific (IDA & IBRD countries) was 35.5% 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 East Asia & Pacific (IDA & IBRD countries)?
- The highest recorded value was 36.3% in 2021.
- What is the lowest subsidies and other transfers recorded in East Asia & Pacific (IDA & IBRD countries)?
- The lowest recorded value was 21.0% in 2002.
- How does East Asia & Pacific (IDA & IBRD countries) rank for subsidies and other transfers?
- East Asia & Pacific (IDA & IBRD countries) ranks 24th out of 40 groups with data for 2022.
- Is subsidies and other transfers rising or falling in East Asia & Pacific (IDA & IBRD countries)?
- Over the last ten years it is up 39.7%. The long-run trend across the full record is rising.
- Where does this East Asia & Pacific (IDA & IBRD countries) 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.