Subsidies and other transfers in High income
High income: Subsidies and other transfers was 54.6% in 2023. ▼ Falling
Subsidies and other transfers in High income, 1990–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
High income recorded 54.6% for subsidies and other transfers in 2023.
The figure is up 3.7% over ten years.
Over the whole period, subsidies and other transfers in High income peaked at 62.0% in 1993 and was at its lowest, 48.6%, in 2001.
That places High income 8th out of 40 groups with data for 2023, putting it in the top quarter.
The long-run direction has been consistently falling across the 34 years of available data.
Subsidies and other transfers in High income, year by year
| Year | % of expense | Change |
|---|---|---|
| 1990 | 56.2% | — |
| 1991 | 58.9% | +4.8% |
| 1992 | 60.4% | +2.6% |
| 1993 | 62.0% | +2.7% |
| 1994 | 61.6% | -0.7% |
| 1995 | 50.5% | -18.1% |
| 1996 | 51.0% | +1.1% |
| 1997 | 50.2% | -1.6% |
| 1998 | 50.3% | +0.3% |
| 1999 | 51.6% | +2.6% |
| 2000 | 51.3% | -0.6% |
| 2001 | 48.6% | -5.3% |
| 2002 | 49.3% | +1.5% |
| 2003 | 49.1% | -0.4% |
| 2004 | 49.8% | +1.3% |
| 2005 | 50.5% | +1.5% |
| 2006 | 50.4% | -0.2% |
| 2007 | 50.8% | +0.9% |
| 2008 | 50.7% | -0.2% |
| 2009 | 51.6% | +1.6% |
| 2010 | 51.1% | -1.0% |
| 2011 | 51.7% | +1.2% |
| 2012 | 51.8% | +0.3% |
| 2013 | 52.7% | +1.7% |
| 2014 | 52.3% | -0.7% |
| 2015 | 51.3% | -1.9% |
| 2016 | 52.3% | +2.0% |
| 2017 | 50.7% | -3.0% |
| 2018 | 51.9% | +2.4% |
| 2019 | 52.5% | +1.1% |
| 2020 | 54.3% | +3.4% |
| 2021 | 56.0% | +3.0% |
| 2022 | 54.6% | -2.5% |
| 2023 | 54.6% | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 55.3% | 50.2% | 62.0% | 10 |
| 2000s | 50.2% | 48.6% | 51.6% | 10 |
| 2010s | 51.8% | 50.7% | 52.7% | 10 |
| 2020s | 54.9% | 54.3% | 56.0% | 4 |
Countries ranked near High income
- 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
- 11 Lithuania 70.2% compare
More public sector data for High income
- Arms imports 17.59 billion SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 12.4 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0002 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 16.09 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 17.59 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 1,385 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0272 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 12.96 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 1.96 trillion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 292.64 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is subsidies and other transfers in High income?
- Subsidies and other transfers in High income was 54.6% 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 High income?
- The highest recorded value was 62.0% in 1993.
- What is the lowest subsidies and other transfers recorded in High income?
- The lowest recorded value was 48.6% in 2001.
- How does High income rank for subsidies and other transfers?
- High income ranks 8th out of 40 groups with data for 2023.
- Is subsidies and other transfers rising or falling in High income?
- Over the last ten years it is up 3.7%. The long-run trend across the full record is falling.
- Where does this High income 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.