Subsidies and other transfers in North Macedonia
North Macedonia: Subsidies and other transfers was 69.1% in 2023. ▲ Rising
Subsidies and other transfers in North Macedonia, 2005–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
North Macedonia recorded 69.1% for subsidies and other transfers in 2023.
The figure is down 6.8% on the previous year and up 0.6% over ten years.
Over the whole period, subsidies and other transfers in North Macedonia peaked at 75.5% in 2020 and was at its lowest, 39.3%, in 2005.
North Macedonia ranks 13th of 152 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 19 years of available data.
Subsidies and other transfers in North Macedonia, year by year
| Year | % of expense | Change |
|---|---|---|
| 2005 | 39.3% | — |
| 2006 | 43.0% | +9.5% |
| 2007 | 41.9% | -2.5% |
| 2008 | 60.5% | +44.2% |
| 2009 | 63.9% | +5.7% |
| 2010 | 65.1% | +1.8% |
| 2011 | 66.6% | +2.2% |
| 2012 | 68.8% | +3.3% |
| 2013 | 68.7% | -0.1% |
| 2014 | 69.8% | +1.6% |
| 2015 | 68.3% | -2.2% |
| 2016 | 69.4% | +1.7% |
| 2017 | 70.7% | +1.9% |
| 2018 | 72.6% | +2.6% |
| 2019 | 72.1% | -0.7% |
| 2020 | 75.5% | +4.8% |
| 2021 | 73.2% | -3.1% |
| 2022 | 74.2% | +1.3% |
| 2023 | 69.1% | -6.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 49.7% | 39.3% | 63.9% | 5 |
| 2010s | 69.2% | 65.1% | 72.6% | 10 |
| 2020s | 73.0% | 69.1% | 75.5% | 4 |
Countries ranked near North Macedonia
More public sector data for North Macedonia
- Arms imports 1.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 0.5481 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0001 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -80 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 1.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 193.87 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0209 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 32.65 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 353.69 million current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 198.25 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is subsidies and other transfers in North Macedonia?
- Subsidies and other transfers in North Macedonia was 69.1% 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 Macedonia?
- The highest recorded value was 75.5% in 2020.
- What is the lowest subsidies and other transfers recorded in North Macedonia?
- The lowest recorded value was 39.3% in 2005.
- How does North Macedonia rank for subsidies and other transfers?
- North Macedonia ranks 13th out of 152 countries with data for 2023.
- Is subsidies and other transfers rising or falling in North Macedonia?
- Over the last ten years it is up 0.6%. The long-run trend across the full record is rising.
- Where does this North Macedonia 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.