Transfer dependency method 1, Ratio of net transfers to own spending in United Kingdom of Great Britain and Northern Ireland
United Kingdom of Great Britain and Northern Ireland: Transfer dependency method 1, Ratio of net transfers to own spending was -0.211 in 2020. ▲ Rising
Transfer dependency method 1, Ratio of net transfers to own spending in United Kingdom of Great Britain and Northern Ireland, 1990–2020
Source: International Monetary Fund.
Analysis
The most recent figure for transfer dependency method 1, ratio of net transfers to own spending in United Kingdom of Great Britain and Northern Ireland is -0.211, measured in 2020. That is the highest value across all 31 years on record.
That represents a change of up 1.4% on the previous year and up 27.0% over ten years.
Over the whole period, transfer dependency method 1, ratio of net transfers to own spending in United Kingdom of Great Britain and Northern Ireland peaked at -0.211 in 2020 and was at its lowest, -0.3199, in 1992.
United Kingdom of Great Britain and Northern Ireland ranks 29th of 64 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 31 years of available data.
Transfer dependency method 1, Ratio of net transfers to own spending in United Kingdom of Great Britain and Northern Ireland, year by year
| Year | Value | Change |
|---|---|---|
| 1990 | -0.2423 | — |
| 1991 | -0.2707 | +11.7% |
| 1992 | -0.3199 | +18.2% |
| 1993 | -0.2826 | -11.7% |
| 1994 | -0.2831 | +0.2% |
| 1995 | -0.2792 | -1.4% |
| 1996 | -0.281 | +0.7% |
| 1997 | -0.2611 | -7.1% |
| 1998 | -0.2648 | +1.4% |
| 1999 | -0.267 | +0.8% |
| 2000 | -0.2929 | +9.7% |
| 2001 | -0.2705 | -7.6% |
| 2002 | -0.2868 | +6.0% |
| 2003 | -0.2983 | +4.0% |
| 2004 | -0.2845 | -4.6% |
| 2005 | -0.2821 | -0.8% |
| 2006 | -0.2956 | +4.8% |
| 2007 | -0.2896 | -2.0% |
| 2008 | -0.2699 | -6.8% |
| 2009 | -0.278 | +3.0% |
| 2010 | -0.2892 | +4.0% |
| 2011 | -0.281 | -2.8% |
| 2012 | -0.2589 | -7.9% |
| 2013 | -0.2756 | +6.4% |
| 2014 | -0.269 | -2.4% |
| 2015 | -0.2609 | -3.0% |
| 2016 | -0.2418 | -7.3% |
| 2017 | -0.2237 | -7.5% |
| 2018 | -0.2184 | -2.4% |
| 2019 | -0.2139 | -2.1% |
| 2020 | -0.211 | -1.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -0.2752 | -0.3199 | -0.2423 | 10 |
| 2000s | -0.2848 | -0.2983 | -0.2699 | 10 |
| 2010s | -0.2533 | -0.2892 | -0.2139 | 10 |
| 2020s | -0.211 | -0.211 | -0.211 | 1 |
Countries ranked near United Kingdom of Great Britain and Northern Ireland
More public sector data for United Kingdom of Great Britain and Northern Ireland
- Arms imports 643.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 9.28 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0002 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 36.23 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 643.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 1,180 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0221 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 8.58 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 81.76 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 1,951 SIPRI trend indicator values per square kilometre (2023)
All data for United Kingdom of Great Britain and Northern Ireland →
Frequently asked questions
- What is transfer dependency method 1, ratio of net transfers to own spending in United Kingdom of Great Britain and Northern Ireland?
- Transfer dependency method 1, ratio of net transfers to own spending in United Kingdom of Great Britain and Northern Ireland was -0.211 in 2020, according to International Monetary Fund.
- What is the highest transfer dependency method 1, ratio of net transfers to own spending recorded in United Kingdom of Great Britain and Northern Ireland?
- The highest recorded value was -0.211 in 2020.
- What is the lowest transfer dependency method 1, ratio of net transfers to own spending recorded in United Kingdom of Great Britain and Northern Ireland?
- The lowest recorded value was -0.3199 in 1992.
- How does United Kingdom of Great Britain and Northern Ireland rank for transfer dependency method 1, ratio of net transfers to own spending?
- United Kingdom of Great Britain and Northern Ireland ranks 29th out of 64 countries with data for 2020.
- Is transfer dependency method 1, ratio of net transfers to own spending rising or falling in United Kingdom of Great Britain and Northern Ireland?
- Over the last ten years it is up 27.0%. The long-run trend across the full record is rising.
- Where does this United Kingdom of Great Britain and Northern Ireland data come from?
- The figures come from International Monetary Fund, published as part of Transfer dependency method 1, Ratio of net transfers to own spending, 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.