Agricultural subsidies
09/08/2023
USD 619 billion is the current value of agricultural subsidies, almost double the USD 325 billion per year reported in 2000.
En USD 619 mil millones están valorados los subsidios agrícolas un crecimiento significativo de lo reportado en el 2000 de USD 325 mil millones anuales (Ding et al., 2021).
Ding, H., A. Markandya, R. Barbieri, M. Calmon, M. Cervera, M. Duraisami, R. Singh, J. Warman, and W. Anderson. 2021. “Repurposing Agricultural Subsidies to Restore Degraded Farmland and Grow
Rural Prosperity.” World Resources Institute, Washington, DC.
Sectors:
Instruments:
- Subsidies or Exemptions (e.g., from VAT) on Energy Prices
- Payments or subsidies to the producer based on farm services (mechanization, etc.)
- Payments or subsidies to the producer for the acquisition of fixed assets (fixed capital formation)
- Payments or subsidies to the producer based on agricultural production
- Payments or subsidies for the acquisition of variable inputs (eg fertilizers)
- Consumer prices subsidies for agrifood products
- Export subsidies
- Subsidies to interest rates on agricultural loans
- Support or subsidy for the acquisition of production assets
- Support or subsidy for agricultural producer prices
- Studies and diagnoses
- Incentives or subsidies for the adoption of good sustainable production practices