Subsidies and other transfers in North America
North America: Subsidies and other transfers was 66.5% in 2023. ▲ Rising
Subsidies and other transfers in North America, 1986–2023
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 North America is 66.5%, measured in 2023.
Compared with earlier readings it is down 4.4% on the previous year and up 0.8% over ten years.
Over the whole period, subsidies and other transfers in North America peaked at 75.6% in 2020 and was at its lowest, 2.9%, in 1988.
That places North America 1st out of 40 groups with data for 2023, putting it in the top 10%.
The long-run direction has been consistently rising across the 38 years of available data.
Subsidies and other transfers in North America, year by year
| Year | % of expense | Change |
|---|---|---|
| 1986 | 3.3% | — |
| 1987 | 3.6% | +10.8% |
| 1988 | 2.9% | -20.3% |
| 1989 | 13.3% | +364.2% |
| 1990 | 51.8% | +289.0% |
| 1991 | 53.1% | +2.5% |
| 1992 | 56.7% | +6.8% |
| 1993 | 58.2% | +2.7% |
| 1994 | 58.7% | +0.9% |
| 1995 | 58.5% | -0.4% |
| 1996 | 58.5% | +0.1% |
| 1997 | 59.1% | +1.0% |
| 1998 | 59.3% | +0.3% |
| 1999 | 60.3% | +1.7% |
| 2000 | 60.0% | -0.5% |
| 2001 | 58.4% | -2.7% |
| 2002 | 59.4% | +1.8% |
| 2003 | 60.4% | +1.7% |
| 2004 | 60.4% | +0.0% |
| 2005 | 61.5% | +1.8% |
| 2006 | 61.3% | -0.4% |
| 2007 | 61.7% | +0.7% |
| 2008 | 60.8% | -1.4% |
| 2009 | 63.7% | +4.6% |
| 2010 | 65.1% | +2.2% |
| 2011 | 64.1% | -1.4% |
| 2012 | 64.8% | +1.0% |
| 2013 | 65.9% | +1.7% |
| 2014 | 66.8% | +1.3% |
| 2015 | 68.2% | +2.1% |
| 2016 | 68.8% | +0.8% |
| 2017 | 68.5% | -0.4% |
| 2018 | 68.1% | -0.6% |
| 2019 | 68.3% | +0.3% |
| 2020 | 75.6% | +10.7% |
| 2021 | 71.7% | -5.2% |
| 2022 | 69.5% | -3.0% |
| 2023 | 66.5% | -4.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 5.8% | 2.9% | 13.3% | 4 |
| 1990s | 57.4% | 51.8% | 60.3% | 10 |
| 2000s | 60.8% | 58.4% | 63.7% | 10 |
| 2010s | 66.9% | 64.1% | 68.8% | 10 |
| 2020s | 70.8% | 66.5% | 75.6% | 4 |
Countries ranked near North America
More public sector data for North America
- Arms imports 1.36 billion SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 3.56 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 56.45 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 1.36 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 2,692 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0325 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 8.84 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 1.03 trillion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 48.39 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is subsidies and other transfers in North America?
- Subsidies and other transfers in North America was 66.5% 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 North America?
- The highest recorded value was 75.6% in 2020.
- What is the lowest subsidies and other transfers recorded in North America?
- The lowest recorded value was 2.9% in 1988.
- How does North America rank for subsidies and other transfers?
- North America ranks 1st out of 40 groups with data for 2023.
- Is subsidies and other transfers rising or falling in North America?
- Over the last ten years it is up 0.8%. The long-run trend across the full record is rising.
- Where does this North America 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 — 38 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.