Lebanon - Subsidies and other transfers

Subsidies and other transfers (current LCU)

The value for Subsidies and other transfers (current LCU) in Lebanon was 7,817,610,000,000 as of 2013. As the graph below shows, over the past 16 years this indicator reached a maximum value of 7,817,610,000,000 in 2013 and a minimum value of 957,000,000,000 in 1998.

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
1997 1,140,000,000,000
1998 957,000,000,000
1999 1,090,980,000,000
2000 1,628,200,000,000
2001 1,480,800,000,000
2002 1,573,700,000,000
2003 1,908,880,000,000
2004 2,195,900,000,000
2005 2,855,240,000,000
2006 3,396,890,000,000
2007 3,531,190,000,000
2008 4,975,590,000,000
2009 5,561,480,000,000
2010 5,064,720,000,000
2011 5,556,180,000,000
2012 7,494,410,000,000
2013 7,817,610,000,000

Subsidies and other transfers (% of expense)

Subsidies and other transfers (% of expense) in Lebanon was 41.44 as of 2013. Its highest value over the past 15 years was 42.14 in 2012, while its lowest value was 13.98 in 1998.

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
1998 13.98
1999 14.83
2000 20.51
2001 19.19
2002 19.22
2003 20.69
2004 25.64
2005 32.82
2006 32.26
2007 29.88
2008 37.10
2009 36.20
2010 33.82
2011 34.97
2012 42.14
2013 41.44

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance