Subsidies and other transfers in South Asia
South Asia: Subsidies and other transfers was 32.3% in 2022. ▲ Rising
Subsidies and other transfers in South Asia, 1990–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
South Asia recorded 32.3% for subsidies and other transfers in 2022.
The figure is down 5.3% on the previous year and down 13.2% over ten years.
Over the whole period, subsidies and other transfers in South Asia peaked at 39.2% in 2018 and was at its lowest, 24.0%, in 2001.
That places South Asia 28th out of 40 groups with data for 2022, putting it in the middle of the range.
The long-run direction has been consistently rising across the 31 years of available data.
Subsidies and other transfers in South Asia, year by year
| Year | % of expense | Change |
|---|---|---|
| 1990 | 29.7% | — |
| 1991 | 30.8% | +3.7% |
| 1992 | 29.2% | -5.0% |
| 1993 | 29.3% | +0.2% |
| 1994 | 29.2% | -0.3% |
| 1995 | 28.6% | -2.1% |
| 1996 | 28.7% | +0.6% |
| 1997 | 27.8% | -3.3% |
| 1998 | 24.7% | -11.1% |
| 2001 | 24.0% | -3.0% |
| 2002 | 25.3% | +5.6% |
| 2003 | 26.9% | +6.5% |
| 2004 | 25.5% | -5.4% |
| 2005 | 28.2% | +10.6% |
| 2006 | 29.0% | +3.0% |
| 2007 | 29.3% | +0.9% |
| 2008 | 31.5% | +7.3% |
| 2009 | 34.3% | +8.8% |
| 2010 | 36.5% | +6.5% |
| 2011 | 35.8% | -1.8% |
| 2012 | 37.2% | +3.8% |
| 2013 | 38.6% | +3.7% |
| 2014 | 35.2% | -8.9% |
| 2015 | 36.2% | +3.0% |
| 2016 | 38.4% | +5.9% |
| 2017 | 38.8% | +1.1% |
| 2018 | 39.2% | +1.0% |
| 2019 | 36.2% | -7.6% |
| 2020 | 36.0% | -0.5% |
| 2021 | 34.1% | -5.2% |
| 2022 | 32.3% | -5.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 28.7% | 24.7% | 30.8% | 9 |
| 2000s | 28.2% | 24.0% | 34.3% | 9 |
| 2010s | 37.2% | 35.2% | 39.2% | 10 |
| 2020s | 34.1% | 32.3% | 36.0% | 3 |
Countries ranked near South Asia
More public sector data for South Asia
- Arms imports 1.26 billion SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 0.7506 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0003 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -19.55 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 1.26 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 54.8 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0211 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 4.84 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 91.92 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 467.61 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is subsidies and other transfers in South Asia?
- Subsidies and other transfers in South Asia was 32.3% 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 South Asia?
- The highest recorded value was 39.2% in 2018.
- What is the lowest subsidies and other transfers recorded in South Asia?
- The lowest recorded value was 24.0% in 2001.
- How does South Asia rank for subsidies and other transfers?
- South Asia ranks 28th out of 40 groups with data for 2022.
- Is subsidies and other transfers rising or falling in South Asia?
- Over the last ten years it is down 13.2%. The long-run trend across the full record is rising.
- Where does this South Asia 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.