Subsidies and other transfers in Greece
Greece: Subsidies and other transfers was 54.4% in 2023. ▲ Rising
Subsidies and other transfers in Greece, 1995–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
In 2023, subsidies and other transfers in Greece stood at 54.4%.
That represents a change of down 7.3% on the previous year and up 23.3% over ten years.
Over the whole period, subsidies and other transfers in Greece peaked at 58.7% in 2022 and was at its lowest, 37.4%, in 1995.
Greece ranks 37th of 152 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 29 years of available data.
Subsidies and other transfers in Greece, year by year
| Year | % of expense | Change |
|---|---|---|
| 1995 | 37.4% | — |
| 1996 | 39.0% | +4.4% |
| 1997 | 40.4% | +3.4% |
| 1998 | 41.3% | +2.2% |
| 1999 | 40.8% | -1.2% |
| 2000 | 42.1% | +3.3% |
| 2001 | 43.2% | +2.6% |
| 2002 | 43.3% | +0.3% |
| 2003 | 44.5% | +2.7% |
| 2004 | 42.3% | -5.0% |
| 2005 | 45.2% | +6.8% |
| 2006 | 46.7% | +3.4% |
| 2007 | 47.2% | +1.0% |
| 2008 | 47.7% | +1.2% |
| 2009 | 48.2% | +1.0% |
| 2010 | 48.7% | +1.1% |
| 2011 | 49.8% | +2.2% |
| 2012 | 49.5% | -0.6% |
| 2013 | 44.2% | -10.9% |
| 2014 | 53.8% | +21.9% |
| 2015 | 51.7% | -3.9% |
| 2016 | 55.2% | +6.7% |
| 2017 | 54.5% | -1.1% |
| 2018 | 53.5% | -1.9% |
| 2019 | 54.5% | +1.8% |
| 2020 | 53.3% | -2.1% |
| 2021 | 56.0% | +5.0% |
| 2022 | 58.7% | +4.9% |
| 2023 | 54.4% | -7.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 39.8% | 37.4% | 41.3% | 5 |
| 2000s | 45.0% | 42.1% | 48.2% | 10 |
| 2010s | 51.5% | 44.2% | 55.2% | 10 |
| 2020s | 55.6% | 53.3% | 58.7% | 4 |
Countries ranked near Greece
More public sector data for Greece
- Arms imports 623.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 59.87 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0024 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 54.21 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 623.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 770.96 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0313 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 14.36 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 8.02 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 3,134 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is subsidies and other transfers in Greece?
- Subsidies and other transfers in Greece was 54.4% 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 Greece?
- The highest recorded value was 58.7% in 2022.
- What is the lowest subsidies and other transfers recorded in Greece?
- The lowest recorded value was 37.4% in 1995.
- How does Greece rank for subsidies and other transfers?
- Greece ranks 37th out of 152 countries with data for 2023.
- Is subsidies and other transfers rising or falling in Greece?
- Over the last ten years it is up 23.3%. The long-run trend across the full record is rising.
- Where does this Greece 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.