Subsidies, payable, Ratio of this level of government's expenditure in Romania
Romania: Subsidies, payable, Ratio of this level of government's expenditure was 0.3155 in 2020. ▼ Falling
Subsidies, payable, Ratio of this level of government's expenditure in Romania, 1995–2020
Source: International Monetary Fund.
Analysis
Romania recorded 0.3155 for subsidies, payable, ratio of this level of government's expenditure in 2020. That is the lowest value across all 26 years on record.
The figure is down 27.8% on the previous year and down 48.7% over ten years.
Over the whole period, subsidies, payable, ratio of this level of government's expenditure in Romania peaked at 0.852 in 1995 and was at its lowest, 0.3155, in 2020.
Romania ranks 66th of 75 countries on this measure, in the bottom quarter.
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 Romania, year by year
| Year | Value | Change |
|---|---|---|
| 1995 | 0.852 | — |
| 1996 | 0.842 | -1.2% |
| 1997 | 0.76 | -9.7% |
| 1998 | 0.6573 | -13.5% |
| 1999 | 0.6952 | +5.8% |
| 2000 | 0.7509 | +8.0% |
| 2001 | 0.6518 | -13.2% |
| 2002 | 0.682 | +4.6% |
| 2003 | 0.6705 | -1.7% |
| 2004 | 0.719 | +7.2% |
| 2005 | 0.6986 | -2.8% |
| 2006 | 0.7415 | +6.1% |
| 2007 | 0.7082 | -4.5% |
| 2008 | 0.6352 | -10.3% |
| 2009 | 0.5988 | -5.7% |
| 2010 | 0.6156 | +2.8% |
| 2011 | 0.5923 | -3.8% |
| 2012 | 0.4904 | -17.2% |
| 2013 | 0.5424 | +10.6% |
| 2014 | 0.4746 | -12.5% |
| 2015 | 0.4265 | -10.1% |
| 2016 | 0.3796 | -11.0% |
| 2017 | 0.4699 | +23.8% |
| 2018 | 0.4284 | -8.8% |
| 2019 | 0.437 | +2.0% |
| 2020 | 0.3155 | -27.8% |
Romania compared with similar countries
- Romania's 0.3155 is below the median for high income countries, which is 0.7517, 42% of the median. (42 countries reporting)
- Romania's 0.3155 is below the median for Europe & Central Asia, which is 0.7742, 41% of the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.7613 | 0.6573 | 0.852 | 5 |
| 2000s | 0.6856 | 0.5988 | 0.7509 | 10 |
| 2010s | 0.4857 | 0.3796 | 0.6156 | 10 |
| 2020s | 0.3155 | 0.3155 | 0.3155 | 1 |
Countries ranked near Romania
More public sector data for Romania
- Arms imports 278.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 14.59 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0007 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -19.19 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 278.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 457.48 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0228 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 54.86 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 8.72 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 1,495 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is subsidies, payable, ratio of this level of government's expenditure in Romania?
- Subsidies, payable, ratio of this level of government's expenditure in Romania was 0.3155 in 2020, according to International Monetary Fund.
- What is the highest subsidies, payable, ratio of this level of government's expenditure recorded in Romania?
- The highest recorded value was 0.852 in 1995.
- What is the lowest subsidies, payable, ratio of this level of government's expenditure recorded in Romania?
- The lowest recorded value was 0.3155 in 2020.
- How does Romania rank for subsidies, payable, ratio of this level of government's expenditure?
- Romania ranks 66th out of 75 countries with data for 2020.
- Is subsidies, payable, ratio of this level of government's expenditure rising or falling in Romania?
- Over the last ten years it is down 48.7%. The long-run trend across the full record is falling.
- Where does this Romania 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.