Subsidies and other transfers in Lower middle income
Lower middle income: Subsidies and other transfers was 31.9% in 2021. ▲ Rising
Subsidies and other transfers in Lower middle income, 2004–2021
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
Lower middle income recorded 31.9% for subsidies and other transfers in 2021.
That represents a change of up 0.9% on the previous year and down 0.8% over ten years.
Over the whole period, subsidies and other transfers in Lower middle income peaked at 32.2% in 2011 and was at its lowest, 21.9%, in 2009.
That places Lower middle income 30th out of 40 groups with data for 2021, putting it in the middle of the range.
The long-run direction has been consistently rising across the 14 years of available data.
Subsidies and other transfers in Lower middle income, year by year
| Year | % of expense | Change |
|---|---|---|
| 2004 | 25.5% | — |
| 2009 | 21.9% | -14.2% |
| 2010 | 30.5% | +39.3% |
| 2011 | 32.2% | +5.5% |
| 2012 | 28.0% | -13.0% |
| 2013 | 26.7% | -4.7% |
| 2014 | 27.2% | +2.0% |
| 2015 | 25.5% | -6.3% |
| 2016 | 30.6% | +20.1% |
| 2017 | 31.9% | +4.1% |
| 2018 | 26.7% | -16.2% |
| 2019 | 27.6% | +3.3% |
| 2020 | 31.6% | +14.6% |
| 2021 | 31.9% | +0.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 23.7% | 21.9% | 25.5% | 2 |
| 2010s | 28.7% | 25.5% | 32.2% | 10 |
| 2020s | 31.8% | 31.6% | 31.9% | 2 |
Countries ranked near Lower middle income
More public sector data for Lower middle income
- Arms imports 3.03 billion SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 1.04 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0004 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -52.59 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 3.03 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 43.69 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0186 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 4.38 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 127.03 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 338.17 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is subsidies and other transfers in Lower middle income?
- Subsidies and other transfers in Lower middle income was 31.9% 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 Lower middle income?
- The highest recorded value was 32.2% in 2011.
- What is the lowest subsidies and other transfers recorded in Lower middle income?
- The lowest recorded value was 21.9% in 2009.
- How does Lower middle income rank for subsidies and other transfers?
- Lower middle income ranks 30th out of 40 groups with data for 2021.
- Is subsidies and other transfers rising or falling in Lower middle income?
- Over the last ten years it is down 0.8%. The long-run trend across the full record is rising.
- Where does this Lower middle 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.
Download this data
CSV · JSON — 14 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.