Subsidies, payable, Ratio of this level of government's expenditure in Greece
Greece: Subsidies, payable, Ratio of this level of government's expenditure was 0.9567 in 2020. ▼ Falling
Subsidies, payable, Ratio of this level of government's expenditure in Greece, 1995–2020
Source: International Monetary Fund.
Analysis
In 2020, subsidies, payable, ratio of this level of government's expenditure in Greece stood at 0.9567.
The figure is up 29.8% on the previous year and down 4.3% over ten years.
Over the whole period, subsidies, payable, ratio of this level of government's expenditure in Greece peaked at 1 in 1995 and was at its lowest, 0.3511, in 2011.
Greece ranks 23rd of 75 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 26 years of available data.
Subsidies, payable, Ratio of this level of government's expenditure in Greece, year by year
| Year | Value | Change |
|---|---|---|
| 1995 | 1 | — |
| 1996 | 1 | +0.0% |
| 1997 | 1 | +0.0% |
| 1998 | 1 | +0.0% |
| 1999 | 1 | +0.0% |
| 2000 | 1 | +0.0% |
| 2001 | 1 | +0.0% |
| 2002 | 1 | +0.0% |
| 2003 | 1 | +0.0% |
| 2004 | 1 | +0.0% |
| 2005 | 1 | +0.0% |
| 2006 | 1 | +0.0% |
| 2007 | 1 | +0.0% |
| 2008 | 1 | +0.0% |
| 2009 | 1 | +0.0% |
| 2010 | 1 | +0.0% |
| 2011 | 0.3511 | -64.9% |
| 2012 | 0.7492 | +113.4% |
| 2013 | 0.8565 | +14.3% |
| 2014 | 0.8016 | -6.4% |
| 2015 | 0.8137 | +1.5% |
| 2016 | 0.8563 | +5.2% |
| 2017 | 0.8125 | -5.1% |
| 2018 | 0.8192 | +0.8% |
| 2019 | 0.7369 | -10.0% |
| 2020 | 0.9567 | +29.8% |
Greece compared with similar countries
- Greece's 0.9567 is above the median for high income countries, which is 0.7517, 1.3× the median. (42 countries reporting)
- Greece's 0.9567 is above the median for Europe & Central Asia, which is 0.7742, 1.2× the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1 | 1 | 1 | 5 |
| 2000s | 1 | 1 | 1 | 10 |
| 2010s | 0.7797 | 0.3511 | 1 | 10 |
| 2020s | 0.9567 | 0.9567 | 0.9567 | 1 |
Countries ranked near Greece
- 20 Iceland 0.9772 compare
- 21 Azerbaijan 0.9756 compare
- 22 Luxembourg 0.9706 compare
- 24 Guatemala 0.9566 compare
- 25 Slovenia 0.9347 compare
- 26 North Macedonia 0.9337 compare
More public sector data for Greece
- Arms imports 623.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 59.87 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0024 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 54.21 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 623.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 770.96 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0313 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 14.36 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 8.02 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 3,134 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is subsidies, payable, ratio of this level of government's expenditure in Greece?
- Subsidies, payable, ratio of this level of government's expenditure in Greece was 0.9567 in 2020, according to International Monetary Fund.
- What is the highest subsidies, payable, ratio of this level of government's expenditure recorded in Greece?
- The highest recorded value was 1 in 1995.
- What is the lowest subsidies, payable, ratio of this level of government's expenditure recorded in Greece?
- The lowest recorded value was 0.3511 in 2011.
- How does Greece rank for subsidies, payable, ratio of this level of government's expenditure?
- Greece ranks 23rd out of 75 countries with data for 2020.
- Is subsidies, payable, ratio of this level of government's expenditure rising or falling in Greece?
- Over the last ten years it is down 4.3%. The long-run trend across the full record is falling.
- Where does this Greece data come from?
- The figures come from International Monetary Fund, published as part of Subsidies, payable, Ratio of this level of government's expenditure on this item to total general government expenditure on this, Percent (Central government). Statizoid updates them automatically from the source API.
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About this data
The Fiscal Decentralization dataset includes fiscal decentralization indicators for a sample of IMF member countries. The following indicators are included in the dataset: Revenue and Expenditure Decentralization Shares; Transfer dependency and Vertical Fiscal Imbalances; Deficit and Debt; Allocation of expenditure (economic classification); Allocation of expenditure (functional classification); Allocation of non-Tax Revenues; and Allocation of Taxes.