Subsidies and other transfers in Europe & Central Asia
Europe & Central Asia: Subsidies and other transfers was 54.8% in 2023. ▲ Rising
Subsidies and other transfers in Europe & Central Asia, 1994–2023
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 Europe & Central Asia is 54.8%, measured in 2023.
The figure is down 1.4% on the previous year and up 2.7% over ten years.
Over the whole period, subsidies and other transfers in Europe & Central Asia peaked at 62.9% in 1994 and was at its lowest, 49.3%, in 1998.
Europe & Central Asia ranks 7th of 40 groups on this measure, in the top quarter.
The long-run direction has been consistently rising across the 30 years of available data.
Subsidies and other transfers in Europe & Central Asia, year by year
| Year | % of expense | Change |
|---|---|---|
| 1994 | 62.9% | — |
| 1995 | 51.4% | -18.2% |
| 1996 | 51.7% | +0.6% |
| 1997 | 50.9% | -1.6% |
| 1998 | 49.3% | -3.1% |
| 1999 | 49.4% | +0.1% |
| 2000 | 51.6% | +4.5% |
| 2001 | 50.1% | -3.0% |
| 2002 | 50.8% | +1.6% |
| 2003 | 51.2% | +0.8% |
| 2004 | 51.0% | -0.4% |
| 2005 | 52.5% | +2.9% |
| 2006 | 53.6% | +1.9% |
| 2007 | 51.5% | -3.8% |
| 2008 | 51.6% | +0.0% |
| 2009 | 55.2% | +7.1% |
| 2010 | 56.1% | +1.6% |
| 2011 | 53.4% | -4.8% |
| 2012 | 53.4% | -0.0% |
| 2013 | 53.3% | -0.1% |
| 2014 | 54.0% | +1.3% |
| 2015 | 53.6% | -0.8% |
| 2016 | 55.2% | +2.9% |
| 2017 | 54.4% | -1.3% |
| 2018 | 54.5% | +0.1% |
| 2019 | 54.5% | +0.0% |
| 2020 | 55.6% | +2.0% |
| 2021 | 55.3% | -0.4% |
| 2022 | 55.5% | +0.4% |
| 2023 | 54.8% | -1.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 52.6% | 49.3% | 62.9% | 6 |
| 2000s | 51.9% | 50.1% | 55.2% | 10 |
| 2010s | 54.2% | 53.3% | 56.1% | 10 |
| 2020s | 55.3% | 54.8% | 55.6% | 4 |
Countries ranked near Europe & Central Asia
- 4 Nepal 77.2% compare
- 5 Netherlands 76.5% compare
- 6 Switzerland 74.9% compare
- 7 Russian Federation 74.2% compare
- 8 Austria 73.9% compare
- 9 Mongolia 72.3% compare
- 10 Sweden 71.5% compare
More public sector data for Europe & Central Asia
- Arms imports 14.17 billion SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 15.26 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0005 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 23.95 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 14.17 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 774.37 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0245 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 19.52 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 719.05 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 416.81 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is subsidies and other transfers in Europe & Central Asia?
- Subsidies and other transfers in Europe & Central Asia was 54.8% 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?
- The highest recorded value was 62.9% in 1994.
- What is the lowest subsidies and other transfers recorded in Europe & Central Asia?
- The lowest recorded value was 49.3% in 1998.
- How does Europe & Central Asia rank for subsidies and other transfers?
- Europe & Central Asia ranks 7th out of 40 groups with data for 2023.
- Is subsidies and other transfers rising or falling in Europe & Central Asia?
- Over the last ten years it is up 2.7%. The long-run trend across the full record is rising.
- Where does this Europe & Central Asia 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.