Philippines - Subsidies and other transfers

Subsidies and other transfers (current LCU)

The value for Subsidies and other transfers (current LCU) in Philippines was 368,819,000,000 as of 2011. As the graph below shows, over the past 21 years this indicator reached a maximum value of 368,819,000,000 in 2011 and a minimum value of 7,310,000,000 in 1990.

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
1990 7,310,000,000
1991 9,781,000,000
1992 20,175,000,000
1993 34,716,000,000
2003 159,610,000,000
2004 159,520,000,000
2005 169,240,000,000
2006 188,523,000,000
2007 221,048,000,000
2008 244,104,000,000
2009 282,084,000,000
2010 300,557,000,000
2011 368,819,000,000

Subsidies and other transfers (% of expense)

Subsidies and other transfers (% of expense) in Philippines was 24.09 as of 2011. Its highest value over the past 21 years was 24.09 in 2011, while its lowest value was 4.05 in 1990.

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
1990 4.05
1991 4.90
1992 9.21
1993 14.80
2003 18.85
2004 17.62
2005 17.33
2006 17.89
2007 19.31
2008 19.29
2009 19.79
2010 19.78
2011 24.09

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance