Subsidies and other transfers in Guatemala
Guatemala: Subsidies and other transfers was 34.7% in 2023. ▲ Rising
Subsidies and other transfers in Guatemala, 1990–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
Guatemala recorded 34.7% for subsidies and other transfers in 2023.
The figure is up 2.3% on the previous year and up 8.6% over ten years.
Over the whole period, subsidies and other transfers in Guatemala peaked at 40.5% in 2002 and was at its lowest, 6.9%, in 1993.
That places Guatemala 86th out of 152 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 34 years of available data.
Subsidies and other transfers in Guatemala, year by year
| Year | % of expense | Change |
|---|---|---|
| 1990 | 9.3% | — |
| 1991 | 7.4% | -20.7% |
| 1992 | 7.1% | -4.0% |
| 1993 | 6.9% | -2.7% |
| 1994 | 7.4% | +7.2% |
| 1995 | 17.6% | +139.1% |
| 1996 | 29.3% | +66.3% |
| 1997 | 19.9% | -32.2% |
| 1998 | 21.2% | +6.9% |
| 1999 | 21.0% | -1.1% |
| 2000 | 22.5% | +7.0% |
| 2001 | 22.0% | -2.3% |
| 2002 | 40.5% | +84.6% |
| 2003 | 34.1% | -15.9% |
| 2004 | 34.2% | +0.3% |
| 2005 | 24.3% | -28.8% |
| 2006 | 37.0% | +51.9% |
| 2007 | 36.3% | -1.7% |
| 2008 | 36.9% | +1.5% |
| 2009 | 32.7% | -11.5% |
| 2010 | 31.6% | -3.1% |
| 2011 | 31.8% | +0.5% |
| 2012 | 32.6% | +2.4% |
| 2013 | 31.9% | -2.1% |
| 2014 | 35.2% | +10.2% |
| 2015 | 33.8% | -3.9% |
| 2016 | 36.5% | +8.0% |
| 2017 | 36.6% | +0.2% |
| 2018 | 35.0% | -4.4% |
| 2019 | 34.1% | -2.5% |
| 2020 | 39.1% | +14.7% |
| 2021 | 31.5% | -19.5% |
| 2022 | 33.9% | +7.6% |
| 2023 | 34.7% | +2.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 14.7% | 6.9% | 29.3% | 10 |
| 2000s | 32.0% | 22.0% | 40.5% | 10 |
| 2010s | 33.9% | 31.6% | 36.6% | 10 |
| 2020s | 34.8% | 31.5% | 39.1% | 4 |
Countries ranked near Guatemala
More public sector data for Guatemala
- Arms imports 6.00 million SIPRI trend indicator values (2023)
- Arms imports (SIPRI trend indicator values), per capita 0.331 SIPRI trend indicator values per person (2023)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0001 SIPRI trend indicator values per US$ of GDP (2023)
- Arms imports (SIPRI trend indicator values), annual growth rate -40 % change on previous year (2023)
- Arms imports (SIPRI trend indicator values), gaps filled 6.00 million SIPRI trend indicator values (2023)
- Military expenditure (current USD), per capita 22.56 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0037 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate -5.13 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 415.19 million current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 55.99 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is subsidies and other transfers in Guatemala?
- Subsidies and other transfers in Guatemala was 34.7% 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 Guatemala?
- The highest recorded value was 40.5% in 2002.
- What is the lowest subsidies and other transfers recorded in Guatemala?
- The lowest recorded value was 6.9% in 1993.
- How does Guatemala rank for subsidies and other transfers?
- Guatemala ranks 86th out of 152 countries with data for 2023.
- Is subsidies and other transfers rising or falling in Guatemala?
- Over the last ten years it is up 8.6%. The long-run trend across the full record is rising.
- Where does this Guatemala 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.