Subsidies and other transfers in Naoero
Naoero: Subsidies and other transfers was 26.0% in 2020. ◆ Volatile
Subsidies and other transfers in Naoero, 2014–2020
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
In 2020, subsidies and other transfers in Naoero stood at 26.0%. That is the highest value across all 7 years on record.
That represents a change of up 71.8% on the previous year and up 168.8% over ten years.
That places Naoero 110th out of 152 countries with data for 2020, putting it in the middle of the range.
Subsidies and other transfers in Naoero, year by year
| Year | % of expense | Change |
|---|---|---|
| 2014 | 9.7% | — |
| 2015 | 3.0% | -69.0% |
| 2016 | 18.0% | +499.1% |
| 2017 | 9.7% | -46.0% |
| 2018 | 9.5% | -1.7% |
| 2019 | 15.1% | +58.6% |
| 2020 | 26.0% | +71.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 10.8% | 3.0% | 18.0% | 6 |
| 2020s | 26.0% | 26.0% | 26.0% | 1 |
Countries ranked near Naoero
More public sector data for Naoero
- Tax revenue 21.4% (2024)
- Capital stock, General government, Current prices, Domestic currency 0 (2019)
- Taxes on income, profits and capital gains 8.7% (2024)
- Capital stock, General government, Constant prices, Percent of GDP 0 (2019)
- Capital stock, General government, Constant prices, Purchasing power 0 (2019)
- Taxes on goods and services 2.7% (2024)
- Net investment in nonfinancial assets 9.2% (2024)
- Capital stock, General government, Current prices, Domestic currency 0 units per person (2019)
- Capital stock, General government, Current prices, Domestic currency 0 units per US$ of GDP (2019)
- Net lending (+) / net borrowing (-) 15.1% (2024)
Frequently asked questions
- What is subsidies and other transfers in Naoero?
- Subsidies and other transfers in Naoero was 26.0% in 2020, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest subsidies and other transfers recorded in Naoero?
- The highest recorded value was 26.0% in 2020.
- What is the lowest subsidies and other transfers recorded in Naoero?
- The lowest recorded value was 3.0% in 2015.
- How does Naoero rank for subsidies and other transfers?
- Naoero ranks 110th out of 152 countries with data for 2020.
- Is subsidies and other transfers rising or falling in Naoero?
- Over the last ten years it is up 168.8%. The long-run trend across the full record is volatile.
- Where does this Naoero 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.