Australia vs Canada: Subsidies and other transfers

Australia
447.35 billion current LCU
in 2022
Canada
434.96 billion current LCU
in 2024
Australia rank
55th
Canada rank
58th

Subsidies and other transfers over time

  • Australia
  • Canada
0200.0B400.0B600.0B197419992024

How they compare

Australia currently reports 447.35 billion current LCU against 434.96 billion current LCU in Canada, a difference of 12.39 billion current LCU.

The two have swapped places 3 times across 33 shared years of data; in 1990 it was Canada ahead.

Globally, Australia ranks 55th and Canada ranks 58th of 153 countries.

Individual pages

About this data

Indicator
Subsidies and other transfers (current LCU)
Unit
current LCU
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
153 places, 3,810 data points, 1970–2024
Last refreshed

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 in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.