Hungary - Subsidies and other transfers

Subsidies and other transfers (current LCU)

The value for Subsidies and other transfers (current LCU) in Hungary was 6,910,120,000,000 as of 2012. As the graph below shows, over the past 17 years this indicator reached a maximum value of 7,401,980,000,000 in 2011 and a minimum value of 1,548,450,000,000 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 1,548,450,000,000
1996 1,738,870,000,000
1997 1,994,780,000,000
1998 2,390,600,000,000
1999 2,681,260,000,000
2000 2,898,320,000,000
2001 3,381,100,000,000
2002 3,981,800,000,000
2003 4,668,400,000,000
2004 5,092,860,000,000
2005 5,601,850,000,000
2006 6,212,810,000,000
2007 6,321,990,000,000
2008 7,185,890,000,000
2009 7,044,570,000,000
2010 7,121,580,000,000
2011 7,401,980,000,000
2012 6,910,120,000,000

Subsidies and other transfers (% of expense)

Subsidies and other transfers (% of expense) in Hungary was 55.66 as of 2012. Its highest value over the past 17 years was 60.01 in 2010, while its lowest value was 50.26 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 51.88
1996 52.01
1997 50.26
1998 50.58
1999 52.40
2000 52.73
2001 53.82
2002 53.31
2003 57.28
2004 58.13
2005 59.61
2006 59.31
2007 57.88
2008 59.98
2009 59.43
2010 60.01
2011 58.23
2012 55.66

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance