Subsidies and other transfers in Paraguay
Paraguay: Subsidies and other transfers was 30.1% in 2023. ▲ Rising
Subsidies and other transfers in Paraguay, 2005–2023
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 Paraguay is 30.1%, measured in 2023.
Compared with earlier readings it is up 13.1% on the previous year and up 17.1% over ten years.
Over the whole period, subsidies and other transfers in Paraguay peaked at 40.6% in 2019 and was at its lowest, 21.6%, in 2014.
That places Paraguay 100th out of 152 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 19 years of available data.
Subsidies and other transfers in Paraguay, year by year
| Year | % of expense | Change |
|---|---|---|
| 2005 | 25.0% | — |
| 2006 | 24.0% | -4.0% |
| 2007 | 24.8% | +3.3% |
| 2008 | 23.1% | -6.7% |
| 2009 | 23.2% | +0.3% |
| 2010 | 22.4% | -3.4% |
| 2011 | 22.1% | -1.4% |
| 2012 | 22.6% | +2.5% |
| 2013 | 25.7% | +13.5% |
| 2014 | 21.6% | -15.8% |
| 2015 | 22.2% | +2.9% |
| 2016 | 28.9% | +30.0% |
| 2017 | 23.9% | -17.2% |
| 2018 | 29.3% | +22.2% |
| 2019 | 40.6% | +38.7% |
| 2020 | 29.5% | -27.3% |
| 2021 | 24.3% | -17.8% |
| 2022 | 26.6% | +9.6% |
| 2023 | 30.1% | +13.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 24.0% | 23.1% | 25.0% | 5 |
| 2010s | 25.9% | 21.6% | 40.6% | 10 |
| 2020s | 27.6% | 24.3% | 30.1% | 4 |
Countries ranked near Paraguay
More public sector data for Paraguay
- Arms imports 5.00 million SIPRI trend indicator values (2021)
- Arms imports (SIPRI trend indicator values), per capita 0.748 SIPRI trend indicator values per person (2021)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0001 SIPRI trend indicator values per US$ of GDP (2021)
- Arms imports (SIPRI trend indicator values), annual growth rate -100 % change on previous year (2013)
- Arms imports (SIPRI trend indicator values), gaps filled 5.00 million SIPRI trend indicator values (2021)
- Military expenditure (current USD), per capita 59.74 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0093 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 4.12 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 413.97 million current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 12.58 SIPRI trend indicator values per square kilometre (2021)
Frequently asked questions
- What is subsidies and other transfers in Paraguay?
- Subsidies and other transfers in Paraguay was 30.1% 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 Paraguay?
- The highest recorded value was 40.6% in 2019.
- What is the lowest subsidies and other transfers recorded in Paraguay?
- The lowest recorded value was 21.6% in 2014.
- How does Paraguay rank for subsidies and other transfers?
- Paraguay ranks 100th out of 152 countries with data for 2023.
- Is subsidies and other transfers rising or falling in Paraguay?
- Over the last ten years it is up 17.1%. The long-run trend across the full record is rising.
- Where does this Paraguay 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.