Subsidies and other transfers in Small states
Small states: Subsidies and other transfers was 39.8% in 2022. ▼ Falling
Subsidies and other transfers in Small states, 1991–2022
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 Small states is 39.8%, measured in 2022.
That represents a change of up 3.8% on the previous year and up 23.3% over ten years.
Over the whole period, subsidies and other transfers in Small states peaked at 52.2% in 1991 and was at its lowest, 30.7%, in 2001.
That places Small states 16th out of 38 groups with data for 2022, putting it in the middle of the range.
The long-run direction has been consistently falling across the 29 years of available data.
Subsidies and other transfers in Small states, year by year
| Year | % of expense | Change |
|---|---|---|
| 1991 | 52.2% | — |
| 1995 | 40.4% | -22.5% |
| 1996 | 42.4% | +5.0% |
| 1997 | 43.7% | +3.0% |
| 1998 | 43.5% | -0.5% |
| 1999 | 31.4% | -27.8% |
| 2000 | 32.8% | +4.3% |
| 2001 | 30.7% | -6.3% |
| 2002 | 32.1% | +4.5% |
| 2003 | 31.4% | -2.2% |
| 2004 | 34.9% | +11.1% |
| 2005 | 36.5% | +4.6% |
| 2006 | 35.4% | -3.0% |
| 2007 | 34.2% | -3.3% |
| 2008 | 34.3% | +0.4% |
| 2009 | 35.1% | +2.3% |
| 2010 | 34.1% | -2.7% |
| 2011 | 33.1% | -3.0% |
| 2012 | 32.3% | -2.6% |
| 2013 | 38.3% | +18.6% |
| 2014 | 33.6% | -12.0% |
| 2015 | 37.4% | +11.2% |
| 2016 | 34.4% | -8.1% |
| 2017 | 37.1% | +7.8% |
| 2018 | 33.7% | -9.1% |
| 2019 | 33.7% | -0.0% |
| 2020 | 41.7% | +23.7% |
| 2021 | 38.3% | -8.1% |
| 2022 | 39.8% | +3.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 42.3% | 31.4% | 52.2% | 6 |
| 2000s | 33.7% | 30.7% | 36.5% | 10 |
| 2010s | 34.8% | 32.3% | 38.3% | 10 |
| 2020s | 39.9% | 38.3% | 41.7% | 3 |
Countries ranked near Small states
- 13 North Macedonia 69.1% compare
- 14 Kazakhstan 69.0% compare
- 15 Canada 68.9% compare
- 16 Argentina 68.8% compare
- 17 South Korea 68.5% compare
- 18 Moldova 66.0% compare
- 19 Norway 64.3% compare
More public sector data for Small states
- Arms imports 162.00 million SIPRI trend indicator values (2021)
- Arms imports (SIPRI trend indicator values), per capita 8.25 SIPRI trend indicator values per person (2021)
- Arms imports (SIPRI trend indicator values), gaps filled 162.00 million SIPRI trend indicator values (2021)
- Arms imports (SIPRI trend indicator values), per square kilometre 215.46 SIPRI trend indicator values per square kilometre (2021)
- Tax revenue 20.5% (2019)
- Taxes on income, profits and capital gains 24.1% (2022)
- Taxes on goods and services 33.4% (2022)
- Net investment in nonfinancial assets 3.0% (2019)
- Net lending (+) / net borrowing (-) -2.2% (2019)
- Interest payments 1.8% (2022)
Frequently asked questions
- What is subsidies and other transfers in Small states?
- Subsidies and other transfers in Small states was 39.8% 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 Small states?
- The highest recorded value was 52.2% in 1991.
- What is the lowest subsidies and other transfers recorded in Small states?
- The lowest recorded value was 30.7% in 2001.
- How does Small states rank for subsidies and other transfers?
- Small states ranks 16th out of 38 groups with data for 2022.
- Is subsidies and other transfers rising or falling in Small states?
- Over the last ten years it is up 23.3%. The long-run trend across the full record is falling.
- Where does this Small states 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.