Subsidies and other transfers in Czechia
Czechia: Subsidies and other transfers was 2.31 trillion current LCU in 2024. ◆ Volatile
Subsidies and other transfers in Czechia, 1993–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for subsidies and other transfers in Czechia is 2.31 trillion current LCU, measured in 2024. That is the highest value across all 32 years on record.
Compared with earlier readings it is up 1.8% on the previous year and up 96.3% over ten years.
Over the whole period, subsidies and other transfers in Czechia peaked at 2.31 trillion current LCU in 2024 and was at its lowest, 244.42 billion current LCU, in 1993.
Czechia ranks 29th of 153 countries on this measure, in the top 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 |
|---|---|---|---|---|
| 1990s | 422.54 billion current LCU | 244.42 billion current LCU | 532.86 billion current LCU | 7 |
| 2000s | 804.32 billion current LCU | 566.38 billion current LCU | 1.04 trillion current LCU | 10 |
| 2010s | 1.24 trillion current LCU | 1.05 trillion current LCU | 1.57 trillion current LCU | 10 |
| 2020s | 2.07 trillion current LCU | 1.80 trillion current LCU | 2.31 trillion current LCU | 5 |
Countries ranked near Czechia
- 26 Madagascar 2.84 trillion current LCU compare
- 27 Laos 2.63 trillion current LCU compare
- 28 Brazil 2.42 trillion current LCU compare
- 30 Costa Rica 1.98 trillion current LCU compare
- 31 Democratic Republic of Congo 1.89 trillion current LCU compare
- 32 Ukraine 1.74 trillion current LCU compare
More public sector data for Czechia
- Arms imports 50.00 million SIPRI trend indicator values (2024)
- Tax revenue 18.6% (2024)
- Taxes on income, profits and capital gains 21.9% (2024)
- Taxes on goods and services 27.9% (2024)
- Net investment in nonfinancial assets 2.6% (2024)
- Net lending (+) / net borrowing (-) -2.8% (2024)
- Interest payments 3.5% (2024)
- Grants and other revenue 8.0% (2024)
- Interest payments 3.1% (2022)
- Other taxes 0.0% (2024)
Frequently asked questions
- What is subsidies and other transfers in Czechia?
- Subsidies and other transfers in Czechia was 2.31 trillion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest subsidies and other transfers recorded in Czechia?
- The highest recorded value was 2.31 trillion current LCU in 2024.
- What is the lowest subsidies and other transfers recorded in Czechia?
- The lowest recorded value was 244.42 billion current LCU in 1993.
- How does Czechia rank for subsidies and other transfers?
- Czechia ranks 29th out of 153 countries with data for 2024.
- Is subsidies and other transfers rising or falling in Czechia?
- Over the last ten years it is up 96.3%. The long-run trend across the full record is volatile.
- Where does this Czechia 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.