Subsidies and other transfers in East Asia & Pacific
East Asia & Pacific: Subsidies and other transfers was 37.7% in 2022. ▲ Rising
Subsidies and other transfers in East Asia & Pacific, 2002–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
In 2022, subsidies and other transfers in East Asia & Pacific stood at 37.7%.
That represents a change of down 10.9% on the previous year and up 25.8% over ten years.
Over the whole period, subsidies and other transfers in East Asia & Pacific peaked at 44.6% in 2009 and was at its lowest, 24.2%, in 2010.
That places East Asia & Pacific 21st 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, year by year
| Year | % of expense | Change |
|---|---|---|
| 2002 | 35.7% | — |
| 2003 | 32.2% | -9.9% |
| 2008 | 34.9% | +8.6% |
| 2009 | 44.6% | +27.6% |
| 2010 | 24.2% | -45.7% |
| 2011 | 26.9% | +11.1% |
| 2012 | 30.0% | +11.4% |
| 2013 | 29.2% | -2.6% |
| 2014 | 35.2% | +20.7% |
| 2015 | 35.2% | +0.1% |
| 2016 | 34.2% | -3.1% |
| 2017 | 35.2% | +3.1% |
| 2018 | 34.4% | -2.4% |
| 2019 | 36.1% | +4.9% |
| 2020 | 37.5% | +3.9% |
| 2021 | 42.3% | +12.8% |
| 2022 | 37.7% | -10.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 36.8% | 32.2% | 44.6% | 4 |
| 2010s | 32.0% | 24.2% | 36.1% | 10 |
| 2020s | 39.2% | 37.5% | 42.3% | 3 |
Countries ranked near East Asia & Pacific
More public sector data for East Asia & Pacific
- Arms imports 4.69 billion SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 1.96 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 12.28 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 4.69 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 217.12 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0161 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 6.09 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 518.54 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 170.8 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is subsidies and other transfers in East Asia & Pacific?
- Subsidies and other transfers in East Asia & Pacific was 37.7% 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?
- The highest recorded value was 44.6% in 2009.
- What is the lowest subsidies and other transfers recorded in East Asia & Pacific?
- The lowest recorded value was 24.2% in 2010.
- How does East Asia & Pacific rank for subsidies and other transfers?
- East Asia & Pacific ranks 21st out of 40 groups with data for 2022.
- Is subsidies and other transfers rising or falling in East Asia & Pacific?
- Over the last ten years it is up 25.8%. The long-run trend across the full record is rising.
- Where does this East Asia & Pacific 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.
Download this data
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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.