Subsidies and other transfers in United States
United States: Subsidies and other transfers was 4.62 trillion current LCU in 2024. ◆ Volatile
Subsidies and other transfers in United States, 1986–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
United States recorded 4.62 trillion current LCU for subsidies and other transfers in 2024.
The figure is up 6.1% on the previous year and up 79.6% over ten years.
Over the whole period, subsidies and other transfers in United States peaked at 4.98 trillion current LCU in 2021 and was at its lowest, 31.59 billion current LCU, in 1988.
That places United States 22nd out of 153 countries with data for 2024, putting it 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 |
|---|---|---|---|---|
| 1980s | 64.69 billion current LCU | 31.59 billion current LCU | 156.72 billion current LCU | 4 |
| 1990s | 916.28 billion current LCU | 661.11 billion current LCU | 1.12 trillion current LCU | 10 |
| 2000s | 1.59 trillion current LCU | 1.19 trillion current LCU | 2.26 trillion current LCU | 10 |
| 2010s | 2.69 trillion current LCU | 2.42 trillion current LCU | 3.16 trillion current LCU | 10 |
| 2020s | 4.63 trillion current LCU | 4.35 trillion current LCU | 4.98 trillion current LCU | 5 |
Countries ranked near United States
More public sector data for United States
- Arms imports 1.21 billion SIPRI trend indicator values (2024)
- Tax revenue 10.8% (2024)
- Taxes on income, profits and capital gains 56.3% (2024)
- Taxes on goods and services 2.1% (2024)
- Net investment in nonfinancial assets 1.5% (2024)
- Net lending (+) / net borrowing (-) -7.2% (2024)
- Interest payments 20.3% (2024)
- Grants and other revenue 2.9% (2024)
- Interest payments 12.9% (2023)
- Other taxes 0.6% (2024)
Frequently asked questions
- What is subsidies and other transfers in United States?
- Subsidies and other transfers in United States was 4.62 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 United States?
- The highest recorded value was 4.98 trillion current LCU in 2021.
- What is the lowest subsidies and other transfers recorded in United States?
- The lowest recorded value was 31.59 billion current LCU in 1988.
- How does United States rank for subsidies and other transfers?
- United States ranks 22nd out of 153 countries with data for 2024.
- Is subsidies and other transfers rising or falling in United States?
- Over the last ten years it is up 79.6%. The long-run trend across the full record is volatile.
- Where does this United States 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.