Subsidies and other transfers in Ecuador
Ecuador: Subsidies and other transfers was 12.95 billion current LCU in 2022. ▲ Rising
Subsidies and other transfers in Ecuador, 2013–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Ecuador recorded 12.95 billion current LCU for subsidies and other transfers in 2022. That is the highest value across all 10 years on record.
Compared with earlier readings it is up 3.5% on the previous year and up 47.8% over ten years.
Over the whole period, subsidies and other transfers in Ecuador peaked at 12.95 billion current LCU in 2022 and was at its lowest, 8.76 billion current LCU, in 2013.
Ecuador ranks 111th of 153 countries on this measure, in the middle of the range.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 9.96 billion current LCU | 8.76 billion current LCU | 11.45 billion current LCU | 7 |
| 2020s | 12.27 billion current LCU | 11.35 billion current LCU | 12.95 billion current LCU | 3 |
Countries ranked near Ecuador
- 108 Sudan 15.58 billion current LCU compare
- 109 Cape Verde 15.36 billion current LCU compare
- 110 Azerbaijan 13.45 billion current LCU compare
- 112 Georgia 12.86 billion current LCU compare
- 113 Slovenia 12.75 billion current LCU compare
- 114 Papua New Guinea 12.31 billion current LCU compare
More public sector data for Ecuador
- Arms imports 25.00 million SIPRI trend indicator values (2024)
- Tax revenue 13.1% (2022)
- Taxes on income, profits and capital gains 12.3% (2022)
- Taxes on goods and services 21.1% (2022)
- Net investment in nonfinancial assets 0.5% (2022)
- Net lending (+) / net borrowing (-) -0.0% (2022)
- Interest payments 4.7% (2022)
- Grants and other revenue 41.7% (2022)
- Interest payments 4.7% (2022)
- Other taxes 2.5% (2022)
Frequently asked questions
- What is subsidies and other transfers in Ecuador?
- Subsidies and other transfers in Ecuador was 12.95 billion current LCU in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest subsidies and other transfers recorded in Ecuador?
- The highest recorded value was 12.95 billion current LCU in 2022.
- What is the lowest subsidies and other transfers recorded in Ecuador?
- The lowest recorded value was 8.76 billion current LCU in 2013.
- How does Ecuador rank for subsidies and other transfers?
- Ecuador ranks 111th out of 153 countries with data for 2022.
- Is subsidies and other transfers rising or falling in Ecuador?
- Over the last ten years it is up 47.8%. The long-run trend across the full record is rising.
- Where does this Ecuador 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.