Subsidies and other transfers in Europe & Central Asia (IDA & IBRD countries)
Europe & Central Asia (IDA & IBRD countries): Subsidies and other transfers was 49.2% in 2023. ▲ Rising
Subsidies and other transfers in Europe & Central Asia (IDA & IBRD countries), 1997–2023
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 (IDA & IBRD countries) stood at 49.2%.
The figure is down 1.6% on the previous year and down 3.5% over ten years.
Over the whole period, subsidies and other transfers in Europe & Central Asia (IDA & IBRD countries) peaked at 54.8% in 2010 and was at its lowest, 44.1%, in 1998.
Europe & Central Asia (IDA & IBRD countries) ranks 10th of 40 groups on this measure, in the top quarter.
The long-run direction has been consistently rising across the 26 years of available data.
Subsidies and other transfers in Europe & Central Asia (IDA & IBRD countries), year by year
| Year | % of expense | Change |
|---|---|---|
| 1997 | 46.2% | — |
| 1998 | 44.1% | -4.6% |
| 1999 | 47.8% | +8.5% |
| 2000 | 46.5% | -2.8% |
| 2001 | 47.0% | +1.1% |
| 2003 | 50.3% | +6.9% |
| 2004 | 47.0% | -6.5% |
| 2005 | 49.4% | +5.0% |
| 2006 | 50.0% | +1.3% |
| 2007 | 44.2% | -11.5% |
| 2008 | 50.4% | +14.0% |
| 2009 | 52.1% | +3.4% |
| 2010 | 54.8% | +5.1% |
| 2011 | 50.8% | -7.3% |
| 2012 | 51.2% | +0.7% |
| 2013 | 51.0% | -0.5% |
| 2014 | 49.4% | -3.0% |
| 2015 | 48.3% | -2.3% |
| 2016 | 52.0% | +7.7% |
| 2017 | 49.0% | -5.8% |
| 2018 | 53.4% | +9.0% |
| 2019 | 53.0% | -0.7% |
| 2020 | 54.7% | +3.1% |
| 2021 | 51.3% | -6.3% |
| 2022 | 50.0% | -2.5% |
| 2023 | 49.2% | -1.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 46.1% | 44.1% | 47.8% | 3 |
| 2000s | 48.6% | 44.2% | 52.1% | 9 |
| 2010s | 51.3% | 48.3% | 54.8% | 10 |
| 2020s | 51.3% | 49.2% | 54.7% | 4 |
Countries ranked near Europe & Central Asia (IDA & IBRD countries)
More public sector data for Europe & Central Asia (IDA & IBRD countries)
- Arms imports 8.83 billion SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 19.2 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0014 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 13.61 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 8.83 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 657.44 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0492 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 25.48 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 302.41 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 338.22 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is subsidies and other transfers in Europe & Central Asia (IDA & IBRD countries)?
- Subsidies and other transfers in Europe & Central Asia (IDA & IBRD countries) was 49.2% 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 (IDA & IBRD countries)?
- The highest recorded value was 54.8% in 2010.
- What is the lowest subsidies and other transfers recorded in Europe & Central Asia (IDA & IBRD countries)?
- The lowest recorded value was 44.1% in 1998.
- How does Europe & Central Asia (IDA & IBRD countries) rank for subsidies and other transfers?
- Europe & Central Asia (IDA & IBRD countries) ranks 10th out of 40 groups with data for 2023.
- Is subsidies and other transfers rising or falling in Europe & Central Asia (IDA & IBRD countries)?
- Over the last ten years it is down 3.5%. The long-run trend across the full record is rising.
- Where does this Europe & Central Asia (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.