Subsidies and other transfers in Saint Lucia
Saint Lucia: Subsidies and other transfers was 24.0% in 2017. ▲ Rising
Subsidies and other transfers in Saint Lucia, 2000–2017
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
In 2017, subsidies and other transfers in Saint Lucia stood at 24.0%. That is the highest value across all 18 years on record.
The figure is up 9.6% on the previous year and up 155.1% over ten years.
Over the whole period, subsidies and other transfers in Saint Lucia peaked at 24.0% in 2017 and was at its lowest, 9.4%, in 2007.
Saint Lucia ranks 114th of 152 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 18 years of available data.
Subsidies and other transfers in Saint Lucia, year by year
| Year | % of expense | Change |
|---|---|---|
| 2000 | 17.2% | — |
| 2001 | 17.7% | +2.8% |
| 2002 | 21.2% | +19.6% |
| 2003 | 22.6% | +6.5% |
| 2004 | 21.6% | -4.2% |
| 2005 | 20.1% | -7.0% |
| 2006 | 9.6% | -52.4% |
| 2007 | 9.4% | -1.4% |
| 2008 | 20.3% | +115.9% |
| 2009 | 19.3% | -5.0% |
| 2010 | 20.1% | +3.7% |
| 2011 | 21.2% | +5.6% |
| 2012 | 22.2% | +5.1% |
| 2013 | 20.3% | -8.8% |
| 2014 | 21.2% | +4.7% |
| 2015 | 22.0% | +3.3% |
| 2016 | 21.9% | -0.0% |
| 2017 | 24.0% | +9.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 17.9% | 9.4% | 22.6% | 10 |
| 2010s | 21.6% | 20.1% | 24.0% | 8 |
Countries ranked near Saint Lucia
More public sector data for Saint Lucia
- Tax revenue 18.2% (2017)
- Capital stock, General government, Current prices, Domestic currency 4.54 (2019)
- Taxes on income, profits and capital gains 22.7% (2017)
- Capital stock, General government, Constant prices, Percent of GDP 79.09 (2019)
- Capital stock, General government, Constant prices, Purchasing power 1.79 (2019)
- Taxes on goods and services 34.8% (2017)
- Net investment in nonfinancial assets 4.0% (2017)
- Capital stock, General government, Current prices, Domestic currency 0 units per person (2019)
- Capital stock, General government, Current prices, Domestic currency 0 units per US$ of GDP (2019)
- Net lending (+) / net borrowing (-) -0.9% (2017)
Frequently asked questions
- What is subsidies and other transfers in Saint Lucia?
- Subsidies and other transfers in Saint Lucia was 24.0% in 2017, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest subsidies and other transfers recorded in Saint Lucia?
- The highest recorded value was 24.0% in 2017.
- What is the lowest subsidies and other transfers recorded in Saint Lucia?
- The lowest recorded value was 9.4% in 2007.
- How does Saint Lucia rank for subsidies and other transfers?
- Saint Lucia ranks 114th out of 152 countries with data for 2017.
- Is subsidies and other transfers rising or falling in Saint Lucia?
- Over the last ten years it is up 155.1%. The long-run trend across the full record is rising.
- Where does this Saint Lucia 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.