Hungary - Subsidies and other transfers

Subsidies and other transfers (current LCU)

The value for Subsidies and other transfers (current LCU) in Hungary was 7,822,070,000,000 as of 2011. As the graph below shows, over the past 16 years this indicator reached a maximum value of 7,822,070,000,000 in 2011 and a minimum value of 1,663,100,000,000 in 1995.

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
1995 1,663,100,000,000
1996 1,883,900,000,000
1997 2,167,000,000,000
1998 2,586,400,000,000
1999 2,905,620,000,000
2000 3,147,030,000,000
2001 3,646,730,000,000
2002 4,256,770,000,000
2003 4,964,660,000,000
2004 5,403,380,000,000
2005 5,923,880,000,000
2006 6,564,730,000,000
2007 6,704,260,000,000
2008 7,592,630,000,000
2009 7,468,090,000,000
2010 7,571,700,000,000
2011 7,822,070,000,000

Subsidies and other transfers (% of expense)

Subsidies and other transfers (% of expense) in Hungary was 61.49 as of 2011. Its highest value over the past 16 years was 63.72 in 2010, while its lowest value was 54.60 in 1997.

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
1995 55.72
1996 56.35
1997 54.60
1998 54.72
1999 56.78
2000 57.25
2001 58.05
2002 56.99
2003 60.91
2004 61.67
2005 63.03
2006 62.67
2007 61.38
2008 63.37
2009 63.01
2010 63.72
2011 61.49

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance