Subsidies, payable, Ratio of this level of government's expenditure in Guatemala
Guatemala: Subsidies, payable, Ratio of this level of government's expenditure was 0.9566 in 2020. ▲ Rising
Subsidies, payable, Ratio of this level of government's expenditure in Guatemala, 2014–2020
Source: International Monetary Fund.
Analysis
In 2020, subsidies, payable, ratio of this level of government's expenditure in Guatemala stood at 0.9566. That is the highest value across all 7 years on record.
The figure is up 131.4% on the previous year and up 50.8% over ten years.
That places Guatemala 24th out of 75 countries with data for 2020, putting it in the middle of the range.
Subsidies, payable, Ratio of this level of government's expenditure in Guatemala, year by year
| Year | Value | Change |
|---|---|---|
| 2014 | 0.6343 | — |
| 2015 | 0.6229 | -1.8% |
| 2016 | 0.8233 | +32.2% |
| 2017 | 0.6343 | -23.0% |
| 2018 | 0.7707 | +21.5% |
| 2019 | 0.4133 | -46.4% |
| 2020 | 0.9566 | +131.4% |
Guatemala compared with similar countries
- Guatemala's 0.9566 is above the median for upper middle income countries, which is 0.9018, 1.1× the median. (25 countries reporting)
- Guatemala's 0.9566 is above the median for Latin America & Caribbean, which is 0.851, 1.1× the median. (8 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.6498 | 0.4133 | 0.8233 | 6 |
| 2020s | 0.9566 | 0.9566 | 0.9566 | 1 |
Countries ranked near Guatemala
- 21 Azerbaijan 0.9756 compare
- 22 Luxembourg 0.9706 compare
- 23 Greece 0.9567 compare
- 25 Slovenia 0.9347 compare
- 26 North Macedonia 0.9337 compare
- 27 Uzbekistan 0.9292 compare
More public sector data for Guatemala
- Arms imports 6.00 million SIPRI trend indicator values (2023)
- Arms imports (SIPRI trend indicator values), per capita 0.331 SIPRI trend indicator values per person (2023)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0001 SIPRI trend indicator values per US$ of GDP (2023)
- Arms imports (SIPRI trend indicator values), annual growth rate -40 % change on previous year (2023)
- Arms imports (SIPRI trend indicator values), gaps filled 6.00 million SIPRI trend indicator values (2023)
- Military expenditure (current USD), per capita 22.56 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0037 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate -5.13 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 415.19 million current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 55.99 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is subsidies, payable, ratio of this level of government's expenditure in Guatemala?
- Subsidies, payable, ratio of this level of government's expenditure in Guatemala was 0.9566 in 2020, according to International Monetary Fund.
- What is the highest subsidies, payable, ratio of this level of government's expenditure recorded in Guatemala?
- The highest recorded value was 0.9566 in 2020.
- What is the lowest subsidies, payable, ratio of this level of government's expenditure recorded in Guatemala?
- The lowest recorded value was 0.4133 in 2019.
- How does Guatemala rank for subsidies, payable, ratio of this level of government's expenditure?
- Guatemala ranks 24th out of 75 countries with data for 2020.
- Is subsidies, payable, ratio of this level of government's expenditure rising or falling in Guatemala?
- Over the last ten years it is up 50.8%. The long-run trend across the full record is rising.
- Where does this Guatemala 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.