Subsidies and other transfers in Europe & Central Asia (excluding high income)
Europe & Central Asia (excluding high income): Subsidies and other transfers was 49.4% in 2023. ▬ Flat
Subsidies and other transfers in Europe & Central Asia (excluding high income), 2008–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
In 2023, subsidies and other transfers in Europe & Central Asia (excluding high income) stood at 49.4%. That is the lowest value across all 16 years on record.
The figure is down 7.9% on the previous year and down 4.7% over ten years.
Over the whole period, subsidies and other transfers in Europe & Central Asia (excluding high income) peaked at 58.1% in 2010 and was at its lowest, 49.4%, in 2023.
That places Europe & Central Asia (excluding high income) 9th out of 40 groups with data for 2023, putting it in the top quarter.
Subsidies and other transfers in Europe & Central Asia (excluding high income), year by year
| Year | % of expense | Change |
|---|---|---|
| 2008 | 53.8% | — |
| 2009 | 54.3% | +0.9% |
| 2010 | 58.1% | +7.0% |
| 2011 | 53.7% | -7.7% |
| 2012 | 52.4% | -2.3% |
| 2013 | 51.8% | -1.3% |
| 2014 | 50.1% | -3.2% |
| 2015 | 49.4% | -1.5% |
| 2016 | 55.1% | +11.5% |
| 2017 | 50.0% | -9.3% |
| 2018 | 53.9% | +8.0% |
| 2019 | 53.2% | -1.4% |
| 2020 | 54.8% | +3.2% |
| 2021 | 52.1% | -5.0% |
| 2022 | 53.6% | +2.8% |
| 2023 | 49.4% | -7.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 54.0% | 53.8% | 54.3% | 2 |
| 2010s | 52.8% | 49.4% | 58.1% | 10 |
| 2020s | 52.5% | 49.4% | 54.8% | 4 |
Countries ranked near Europe & Central Asia (excluding high income)
More public sector data for Europe & Central Asia (excluding high income)
- Arms imports 6.55 billion SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 26.15 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0027 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 13.15 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 6.55 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 410.43 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0419 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 6.61 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 102.77 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 979.77 SIPRI trend indicator values per square kilometre (2023)
All data for Europe & Central Asia (excluding high income) →
Frequently asked questions
- What is subsidies and other transfers in Europe & Central Asia (excluding high income)?
- Subsidies and other transfers in Europe & Central Asia (excluding high income) was 49.4% 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 Europe & Central Asia (excluding high income)?
- The highest recorded value was 58.1% in 2010.
- What is the lowest subsidies and other transfers recorded in Europe & Central Asia (excluding high income)?
- The lowest recorded value was 49.4% in 2023.
- How does Europe & Central Asia (excluding high income) rank for subsidies and other transfers?
- Europe & Central Asia (excluding high income) ranks 9th out of 40 groups with data for 2023.
- Is subsidies and other transfers rising or falling in Europe & Central Asia (excluding high income)?
- Over the last ten years it is down 4.7%. The long-run trend across the full record is flat.
- Where does this Europe & Central Asia (excluding high income) 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.