Cyprus - Subsidies and other transfers

Subsidies and other transfers (current LCU)

The value for Subsidies and other transfers (current LCU) in Cyprus was 3,242,900,000 as of 2019. As the graph below shows, over the past 39 years this indicator reached a maximum value of 3,679,986,000 in 2008 and a minimum value of 29,524,630 in 1980.

Definition: Subsidies, grants, and other social benefits include all unrequited, nonrepayable transfers on current account to private and public enterprises; grants to foreign governments, international organizations, and other government units; and social security, social assistance benefits, and employer social benefits in cash and in kind.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

Year Value
1980 29,524,630
1981 38,494,790
1982 39,178,230
1983 51,856,050
1984 55,973,780
1985 51,206,780
1986 34,359,980
1987 32,070,450
1988 48,080,040
1989 55,751,660
1990 622,369,600
1991 661,400,900
1992 800,681,600
1993 960,134,800
1994 1,130,185,000
1995 1,066,680,000
1996 1,177,739,000
1997 1,265,903,000
1998 1,433,175,000
1999 1,494,001,000
2000 1,750,633,000
2001 1,930,036,000
2002 2,120,033,000
2003 2,531,293,000
2004 2,844,822,000
2005 3,109,655,000
2006 3,182,441,000
2007 3,248,564,000
2008 3,679,986,000
2009 2,289,400,000
2010 2,541,000,000
2011 2,692,900,000
2012 2,674,800,000
2013 2,579,300,000
2014 2,548,500,000
2015 2,853,800,000
2016 2,940,600,000
2017 2,958,900,000
2018 3,268,900,000
2019 3,242,900,000

Subsidies and other transfers (% of expense)

Subsidies and other transfers (% of expense) in Cyprus was 37.83 as of 2019. Its highest value over the past 39 years was 42.75 in 2016, while its lowest value was 3.85 in 1987.

Definition: Subsidies, grants, and other social benefits include all unrequited, nonrepayable transfers on current account to private and public enterprises; grants to foreign governments, international organizations, and other government units; and social security, social assistance benefits, and employer social benefits in cash and in kind.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

See also:

Year Value
1980 9.27
1981 10.00
1982 8.36
1983 8.74
1984 9.19
1985 7.43
1986 4.97
1987 3.85
1988 5.09
1989 5.26
1990 28.28
1991 27.86
1992 29.79
1993 34.19
1994 35.55
1995 29.74
1996 30.31
1997 29.62
1998 29.00
1999 28.62
2000 30.43
2001 30.37
2002 30.72
2003 30.99
2004 33.59
2005 33.19
2006 31.93
2007 30.43
2008 31.04
2009 31.41
2010 33.50
2011 33.82
2012 33.26
2013 33.78
2014 29.85
2015 40.30
2016 42.75
2017 41.60
2018 38.87
2019 37.83

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance