Subsidies and other transfers in Congo
Congo: Subsidies and other transfers was 436.66 billion current LCU in 2021. ◆ Volatile
Subsidies and other transfers in Congo, 2001–2021
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Congo recorded 436.66 billion current LCU for subsidies and other transfers in 2021.
The figure is down 6.6% on the previous year and up 102.3% over ten years.
Over the whole period, subsidies and other transfers in Congo peaked at 556.97 billion current LCU in 2019 and was at its lowest, 45.99 billion current LCU, in 2003.
That places Congo 57th out of 153 countries with data for 2021, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 189.91 billion current LCU | 45.99 billion current LCU | 404.83 billion current LCU | 9 |
| 2010s | 307.95 billion current LCU | 99.32 billion current LCU | 556.97 billion current LCU | 10 |
| 2020s | 452.07 billion current LCU | 436.66 billion current LCU | 467.48 billion current LCU | 2 |
Countries ranked near Congo
More public sector data for Congo
- Arms imports 3.00 million SIPRI trend indicator values (2021)
- Tax revenue 6.5% (2021)
- Taxes on income, profits and capital gains 8.6% (2021)
- Taxes on goods and services 13.8% (2021)
- Net investment in nonfinancial assets 3.1% (2021)
- Net lending (+) / net borrowing (-) 1.3% (2021)
- Interest payments 9.0% (2021)
- Grants and other revenue 68.3% (2021)
- Interest payments 11.5% (2021)
- Other taxes 2.7% (2021)
Frequently asked questions
- What is subsidies and other transfers in Congo?
- Subsidies and other transfers in Congo was 436.66 billion current LCU in 2021, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest subsidies and other transfers recorded in Congo?
- The highest recorded value was 556.97 billion current LCU in 2019.
- What is the lowest subsidies and other transfers recorded in Congo?
- The lowest recorded value was 45.99 billion current LCU in 2003.
- How does Congo rank for subsidies and other transfers?
- Congo ranks 57th out of 153 countries with data for 2021.
- Is subsidies and other transfers rising or falling in Congo?
- Over the last ten years it is up 102.3%. The long-run trend across the full record is volatile.
- Where does this Congo 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.
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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.