Subsidies and other transfers in Least developed countries
Least developed countries: Subsidies and other transfers was 27.2% in 2021. ▬ Flat
Subsidies and other transfers in Least developed countries, 2010–2021
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
In 2021, subsidies and other transfers in Least developed countries stood at 27.2%.
The figure is down 10.4% on the previous year and down 0.3% over ten years.
Over the whole period, subsidies and other transfers in Least developed countries peaked at 30.3% in 2020 and was at its lowest, 18.7%, in 2018.
That places Least developed countries 33rd out of 38 groups with data for 2021, putting it in the bottom quarter.
Subsidies and other transfers in Least developed countries, year by year
| Year | % of expense | Change |
|---|---|---|
| 2010 | 27.3% | — |
| 2012 | 23.4% | -14.2% |
| 2013 | 23.2% | -0.6% |
| 2014 | 24.0% | +3.2% |
| 2015 | 23.2% | -3.4% |
| 2016 | 24.0% | +3.4% |
| 2017 | 21.7% | -9.5% |
| 2018 | 18.7% | -13.8% |
| 2019 | 23.0% | +22.8% |
| 2020 | 30.3% | +32.1% |
| 2021 | 27.2% | -10.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 23.1% | 18.7% | 27.3% | 9 |
| 2020s | 28.8% | 27.2% | 30.3% | 2 |
Countries ranked near Least developed countries
More public sector data for Least developed countries
- Arms imports 748.00 million SIPRI trend indicator values (2023)
- Arms imports (SIPRI trend indicator values), per capita 0.645 SIPRI trend indicator values per person (2023)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0005 SIPRI trend indicator values per US$ of GDP (2023)
- Arms imports (SIPRI trend indicator values), annual growth rate -26.74 % change on previous year (2023)
- Arms imports (SIPRI trend indicator values), gaps filled 748.00 million SIPRI trend indicator values (2023)
- Military expenditure (current USD), per capita 19.79 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0152 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 19.77 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 23.48 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 36.74 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is subsidies and other transfers in Least developed countries?
- Subsidies and other transfers in Least developed countries was 27.2% in 2021, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest subsidies and other transfers recorded in Least developed countries?
- The highest recorded value was 30.3% in 2020.
- What is the lowest subsidies and other transfers recorded in Least developed countries?
- The lowest recorded value was 18.7% in 2018.
- How does Least developed countries rank for subsidies and other transfers?
- Least developed countries ranks 33rd out of 38 groups with data for 2021.
- Is subsidies and other transfers rising or falling in Least developed countries?
- Over the last ten years it is down 0.3%. The long-run trend across the full record is flat.
- Where does this Least developed countries 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.