Subsidies and other transfers in Euro area
Euro area: Subsidies and other transfers was 59.4% in 2023. ▬ Flat
Subsidies and other transfers in Euro area, 1990–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
Euro area recorded 59.4% for subsidies and other transfers in 2023.
Compared with earlier readings it is up 1.9% on the previous year and up 11.4% over ten years.
Over the whole period, subsidies and other transfers in Euro area peaked at 62.5% in 1993 and was at its lowest, 44.3%, in 1995.
That places Euro area 4th out of 40 groups with data for 2023, putting it in the top 10%.
Subsidies and other transfers in Euro area, year by year
| Year | % of expense | Change |
|---|---|---|
| 1990 | 57.5% | — |
| 1991 | 62.3% | +8.3% |
| 1992 | 62.4% | +0.1% |
| 1993 | 62.5% | +0.1% |
| 1994 | 61.6% | -1.3% |
| 1995 | 44.3% | -28.1% |
| 1996 | 46.5% | +4.9% |
| 1997 | 46.5% | -0.1% |
| 1998 | 47.0% | +1.2% |
| 1999 | 47.1% | +0.2% |
| 2000 | 46.9% | -0.5% |
| 2001 | 46.5% | -0.8% |
| 2002 | 47.8% | +2.9% |
| 2003 | 48.1% | +0.5% |
| 2004 | 49.7% | +3.5% |
| 2005 | 47.1% | -5.2% |
| 2006 | 50.0% | +6.2% |
| 2007 | 49.7% | -0.6% |
| 2008 | 49.2% | -1.1% |
| 2009 | 51.6% | +4.9% |
| 2010 | 50.4% | -2.3% |
| 2011 | 51.6% | +2.5% |
| 2012 | 52.2% | +1.2% |
| 2013 | 53.3% | +2.1% |
| 2014 | 53.9% | +1.1% |
| 2015 | 53.0% | -1.8% |
| 2016 | 55.1% | +4.1% |
| 2017 | 54.5% | -1.0% |
| 2018 | 53.9% | -1.1% |
| 2019 | 54.5% | +1.0% |
| 2020 | 55.6% | +2.0% |
| 2021 | 56.0% | +0.8% |
| 2022 | 58.3% | +4.1% |
| 2023 | 59.4% | +1.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 53.8% | 44.3% | 62.5% | 10 |
| 2000s | 48.7% | 46.5% | 51.6% | 10 |
| 2010s | 53.2% | 50.4% | 55.1% | 10 |
| 2020s | 57.3% | 55.6% | 59.4% | 4 |
Countries ranked near Euro area
- 1 Czechia 83.9% compare
- 2 Spain 80.4% compare
- 3 Germany 80.1% compare
- 4 Nepal 77.2% compare
- 5 Netherlands 76.5% compare
- 6 Switzerland 74.9% compare
- 7 Russian Federation 74.2% compare
More public sector data for Euro area
- Arms imports 3.29 billion SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 9.21 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0002 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 41.65 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 3.29 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 806.84 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0174 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 16.6 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 288.53 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 819.39 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is subsidies and other transfers in Euro area?
- Subsidies and other transfers in Euro area was 59.4% 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 Euro area?
- The highest recorded value was 62.5% in 1993.
- What is the lowest subsidies and other transfers recorded in Euro area?
- The lowest recorded value was 44.3% in 1995.
- How does Euro area rank for subsidies and other transfers?
- Euro area ranks 4th out of 40 groups with data for 2023.
- Is subsidies and other transfers rising or falling in Euro area?
- Over the last ten years it is up 11.4%. The long-run trend across the full record is flat.
- Where does this Euro area 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.