Subsidies and other transfers (% of expense) in Slovakia
Slovakia: Subsidies and other transfers (% of expense) was 46.7% in 2022. ▲ Rising
Subsidies and other transfers in Slovakia, 1995–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
In 2022, subsidies and other transfers in Slovakia stood at 46.7%.
The figure is up 3.8% on the previous year and up 0.9% over ten years.
Over the whole period, subsidies and other transfers in Slovakia peaked at 47.4% in 2017 and was at its lowest, 34.8%, in 2000.
That places Slovakia 53rd out of 152 countries with data for 2022, putting it in the middle of the range.
The long-run direction has been consistently rising across the 28 years of available data.
Subsidies and other transfers (% of expense) in Slovakia, year by year
| Year | % of expense | Change |
|---|---|---|
| 1995 | 40.3% | — |
| 1996 | 38.1% | -5.3% |
| 1997 | 43.8% | +14.8% |
| 1998 | 42.1% | -3.8% |
| 1999 | 40.6% | -3.4% |
| 2000 | 34.8% | -14.4% |
| 2001 | 41.0% | +17.7% |
| 2002 | 40.3% | -1.7% |
| 2003 | 42.2% | +4.9% |
| 2004 | 46.6% | +10.3% |
| 2005 | 43.8% | -6.0% |
| 2006 | 43.8% | -0.0% |
| 2007 | 44.7% | +2.2% |
| 2008 | 47.3% | +5.8% |
| 2009 | 45.0% | -4.8% |
| 2010 | 47.3% | +5.1% |
| 2011 | 45.9% | -3.1% |
| 2012 | 46.3% | +0.9% |
| 2013 | 46.0% | -0.6% |
| 2014 | 45.7% | -0.6% |
| 2015 | 43.6% | -4.6% |
| 2016 | 44.4% | +1.9% |
| 2017 | 47.4% | +6.7% |
| 2018 | 45.9% | -3.2% |
| 2019 | 45.6% | -0.7% |
| 2020 | 44.6% | -2.1% |
| 2021 | 45.0% | +0.9% |
| 2022 | 46.7% | +3.8% |
Slovakia compared with similar countries
- Slovakia's 46.7% is below the median for high income countries, which is 48.0%, 97% of the median. (56 countries reporting)
- Slovakia's 46.7% is below the median for Europe & Central Asia, which is 54.8%, 85% of the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 41.0% | 38.1% | 43.8% | 5 |
| 2000s | 43.0% | 34.8% | 47.3% | 10 |
| 2010s | 45.8% | 43.6% | 47.4% | 10 |
| 2020s | 45.4% | 44.6% | 46.7% | 3 |
Countries ranked near Slovakia
More public sector data for Slovakia
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Frequently asked questions
- What is subsidies and other transfers in Slovakia?
- Subsidies and other transfers in Slovakia was 46.7% in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest subsidies and other transfers recorded in Slovakia?
- The highest recorded value was 47.4% in 2017.
- What is the lowest subsidies and other transfers recorded in Slovakia?
- The lowest recorded value was 34.8% in 2000.
- How does Slovakia rank for subsidies and other transfers?
- Slovakia ranks 53rd out of 152 countries with data for 2022.
- Is subsidies and other transfers rising or falling in Slovakia?
- Over the last ten years it is up 0.9%. The long-run trend across the full record is rising.
- Where does this Slovakia 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.