Lebanon - Subsidies and other transfers

Subsidies and other transfers (current LCU)

The value for Subsidies and other transfers (current LCU) in Lebanon was 4,522,860,000,000 as of 2011. As the graph below shows, over the past 11 years this indicator reached a maximum value of 5,561,480,000,000 in 2009 and a minimum value of 1,480,800,000,000 in 2001.

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
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 3,482,100,000,000
2011 4,522,860,000,000

Subsidies and other transfers (% of expense)

Subsidies and other transfers (% of expense) in Lebanon was 27.43 as of 2011. Its highest value over the past 11 years was 37.10 in 2008, while its lowest value was 19.19 in 2001.

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
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 21.78
2011 27.43

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance