Subsidies and other transfers in European Union
European Union: Subsidies and other transfers was 58.2% in 2023. ▬ Flat
Subsidies and other transfers in European Union, 1990–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
In 2023, subsidies and other transfers in European Union stood at 58.2%.
Compared with earlier readings it is down 0.2% on the previous year and up 9.0% over ten years.
Over the whole period, subsidies and other transfers in European Union peaked at 64.7% in 1992 and was at its lowest, 46.2%, in 1995.
European Union ranks 5th of 40 groups on this measure, in the top quarter.
Subsidies and other transfers in European Union, year by year
| Year | % of expense | Change |
|---|---|---|
| 1990 | 61.9% | — |
| 1991 | 63.1% | +2.0% |
| 1992 | 64.7% | +2.5% |
| 1993 | 63.6% | -1.7% |
| 1994 | 62.9% | -1.1% |
| 1995 | 46.2% | -26.5% |
| 1996 | 47.9% | +3.7% |
| 1997 | 47.0% | -1.8% |
| 1998 | 47.0% | -0.0% |
| 1999 | 48.3% | +2.6% |
| 2000 | 47.5% | -1.6% |
| 2001 | 47.4% | -0.2% |
| 2002 | 48.0% | +1.3% |
| 2003 | 48.3% | +0.6% |
| 2004 | 49.8% | +3.0% |
| 2005 | 49.8% | +0.1% |
| 2006 | 50.1% | +0.6% |
| 2007 | 50.7% | +1.2% |
| 2008 | 50.7% | +0.0% |
| 2009 | 53.3% | +5.0% |
| 2010 | 52.5% | -1.5% |
| 2011 | 51.7% | -1.4% |
| 2012 | 52.8% | +2.0% |
| 2013 | 53.3% | +1.0% |
| 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 | 58.2% | -0.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 55.3% | 46.2% | 64.7% | 10 |
| 2000s | 49.6% | 47.4% | 53.3% | 10 |
| 2010s | 53.5% | 51.7% | 55.1% | 10 |
| 2020s | 57.0% | 55.6% | 58.3% | 4 |
Countries ranked near European Union
- 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
- 8 Austria 73.9% compare
More public sector data for European Union
- Arms imports 6.17 billion SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 13.69 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0003 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 29.33 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 6.17 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 818.48 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0189 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 20.53 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 368.50 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 1,195 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is subsidies and other transfers in European Union?
- Subsidies and other transfers in European Union was 58.2% 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 European Union?
- The highest recorded value was 64.7% in 1992.
- What is the lowest subsidies and other transfers recorded in European Union?
- The lowest recorded value was 46.2% in 1995.
- How does European Union rank for subsidies and other transfers?
- European Union ranks 5th out of 40 groups with data for 2023.
- Is subsidies and other transfers rising or falling in European Union?
- Over the last ten years it is up 9.0%. The long-run trend across the full record is flat.
- Where does this European Union 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.