Subsidies and other transfers in World
World: Subsidies and other transfers was 44.9% in 2022. ▲ Rising
Subsidies and other transfers in World, 2002–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
World recorded 44.9% for subsidies and other transfers in 2022. That is the highest value across all 21 years on record.
That represents a change of up 1.5% on the previous year and up 6.0% over ten years.
Over the whole period, subsidies and other transfers in World peaked at 44.9% in 2022 and was at its lowest, 38.1%, in 2003.
That places World 12th out of 38 groups with data for 2022, putting it in the middle of the range.
The long-run direction has been consistently rising across the 21 years of available data.
Subsidies and other transfers in World, year by year
| Year | % of expense | Change |
|---|---|---|
| 2002 | 40.4% | — |
| 2003 | 38.1% | -5.7% |
| 2004 | 39.5% | +3.8% |
| 2005 | 40.5% | +2.4% |
| 2006 | 39.7% | -2.0% |
| 2007 | 38.9% | -1.9% |
| 2008 | 40.6% | +4.2% |
| 2009 | 44.4% | +9.4% |
| 2010 | 41.8% | -5.8% |
| 2011 | 42.4% | +1.5% |
| 2012 | 42.4% | -0.2% |
| 2013 | 42.8% | +1.0% |
| 2014 | 41.7% | -2.6% |
| 2015 | 40.4% | -3.1% |
| 2016 | 41.1% | +1.8% |
| 2017 | 40.4% | -1.9% |
| 2018 | 40.5% | +0.4% |
| 2019 | 40.4% | -0.2% |
| 2020 | 44.4% | +9.8% |
| 2021 | 44.2% | -0.3% |
| 2022 | 44.9% | +1.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 40.3% | 38.1% | 44.4% | 8 |
| 2010s | 41.4% | 40.4% | 42.8% | 10 |
| 2020s | 44.5% | 44.2% | 44.9% | 3 |
Countries ranked near World
More public sector data for World
- Arms imports 28.82 billion SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 3.54 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 -2.86 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 28.82 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 325.74 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0237 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 11.18 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 2.65 trillion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 228.6 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is subsidies and other transfers in World?
- Subsidies and other transfers in World was 44.9% 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 World?
- The highest recorded value was 44.9% in 2022.
- What is the lowest subsidies and other transfers recorded in World?
- The lowest recorded value was 38.1% in 2003.
- How does World rank for subsidies and other transfers?
- World ranks 12th out of 38 groups with data for 2022.
- Is subsidies and other transfers rising or falling in World?
- Over the last ten years it is up 6.0%. The long-run trend across the full record is rising.
- Where does this World 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.
Download this data
CSV · JSON — 21 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.