Subsidies and other transfers in India
India: Subsidies and other transfers was 42.5% in 2022. ▲ Rising
Subsidies and other transfers in India, 1990–2022
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 India is 42.5%, measured in 2022.
Compared with earlier readings it is up 9.5% over ten years.
Over the whole period, subsidies and other transfers in India peaked at 44.6% in 2018 and was at its lowest, 25.5%, in 2004.
India ranks 63rd of 152 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 27 years of available data.
Subsidies and other transfers in India, year by year
| Year | % of expense | Change |
|---|---|---|
| 1990 | 31.7% | — |
| 1991 | 33.0% | +4.0% |
| 1992 | 33.9% | +2.6% |
| 1993 | 34.1% | +0.6% |
| 1994 | 33.3% | -2.3% |
| 1995 | 33.2% | -0.3% |
| 1996 | 32.8% | -1.1% |
| 1997 | 32.3% | -1.6% |
| 1998 | 27.4% | -15.3% |
| 2002 | 42.6% | +55.6% |
| 2003 | 26.9% | -36.8% |
| 2004 | 25.5% | -5.4% |
| 2005 | 28.0% | +9.9% |
| 2006 | 31.3% | +11.5% |
| 2007 | 36.9% | +18.0% |
| 2008 | 32.3% | -12.5% |
| 2009 | 34.3% | +6.1% |
| 2010 | 37.0% | +8.0% |
| 2011 | 37.3% | +0.8% |
| 2012 | 38.8% | +4.2% |
| 2013 | 40.5% | +4.4% |
| 2014 | 37.7% | -6.9% |
| 2015 | 40.7% | +7.8% |
| 2016 | 42.7% | +4.8% |
| 2017 | 44.1% | +3.3% |
| 2018 | 44.6% | +1.3% |
| 2022 | 42.5% | -4.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 32.4% | 27.4% | 34.1% | 9 |
| 2000s | 32.2% | 25.5% | 42.6% | 8 |
| 2010s | 40.4% | 37.0% | 44.6% | 9 |
| 2020s | 42.5% | 42.5% | 42.5% | 1 |
Countries ranked near India
More public sector data for India
- Arms imports 1.17 billion SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 0.805 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 -21.66 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 1.17 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 59.36 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0229 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 4.66 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 86.13 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 501.48 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is subsidies and other transfers in India?
- Subsidies and other transfers in India was 42.5% in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest subsidies and other transfers recorded in India?
- The highest recorded value was 44.6% in 2018.
- What is the lowest subsidies and other transfers recorded in India?
- The lowest recorded value was 25.5% in 2004.
- How does India rank for subsidies and other transfers?
- India ranks 63rd out of 152 countries with data for 2022.
- Is subsidies and other transfers rising or falling in India?
- Over the last ten years it is up 9.5%. The long-run trend across the full record is rising.
- Where does this India 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.