Subsidies and other transfers in Bhutan
Bhutan: Subsidies and other transfers was 6.96 billion current LCU in 2020. ◆ Volatile
Subsidies and other transfers in Bhutan, 1988–2020
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Bhutan recorded 6.96 billion current LCU for subsidies and other transfers in 2020. That is the highest value across all 33 years on record.
The figure is up 142.8% on the previous year and up 929.4% over ten years.
Over the whole period, subsidies and other transfers in Bhutan peaked at 6.96 billion current LCU in 2020 and was at its lowest, 5.80 million current LCU, in 1988.
That places Bhutan 122nd out of 153 countries with data for 2020, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 7.45 million current LCU | 5.80 million current LCU | 9.10 million current LCU | 2 |
| 1990s | 150.55 million current LCU | 45.40 million current LCU | 378.90 million current LCU | 10 |
| 2000s | 353.88 million current LCU | 255.80 million current LCU | 606.70 million current LCU | 10 |
| 2010s | 2.05 billion current LCU | 676.20 million current LCU | 5.51 billion current LCU | 10 |
| 2020s | 6.96 billion current LCU | 6.96 billion current LCU | 6.96 billion current LCU | 1 |
Countries ranked near Bhutan
More public sector data for Bhutan
- Arms imports 4.00 million SIPRI trend indicator values (2021)
- Tax revenue 12.3% (2020)
- Taxes on income, profits and capital gains 19.9% (2020)
- Taxes on goods and services 17.9% (2020)
- Net investment in nonfinancial assets 8.6% (2020)
- Net lending (+) / net borrowing (-) -2.5% (2020)
- Interest payments 1.5% (2020)
- Grants and other revenue 58.7% (2020)
- Interest payments 1.9% (2020)
- Other taxes 0.0% (2020)
Frequently asked questions
- What is subsidies and other transfers in Bhutan?
- Subsidies and other transfers in Bhutan was 6.96 billion current LCU in 2020, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest subsidies and other transfers recorded in Bhutan?
- The highest recorded value was 6.96 billion current LCU in 2020.
- What is the lowest subsidies and other transfers recorded in Bhutan?
- The lowest recorded value was 5.80 million current LCU in 1988.
- How does Bhutan rank for subsidies and other transfers?
- Bhutan ranks 122nd out of 153 countries with data for 2020.
- Is subsidies and other transfers rising or falling in Bhutan?
- Over the last ten years it is up 929.4%. The long-run trend across the full record is volatile.
- Where does this Bhutan data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Subsidies and other transfers (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 33 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
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.