Serbia - Subsidies and other transfers

Subsidies and other transfers (current LCU)

The value for Subsidies and other transfers (current LCU) in Serbia was 1,282,070,000,000 as of 2019. As the graph below shows, over the past 12 years this indicator reached a maximum value of 1,282,070,000,000 in 2019 and a minimum value of 477,715,000,000 in 2007.

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
2007 477,715,000,000
2008 598,163,000,000
2009 629,843,000,000
2010 690,565,000,000
2011 728,102,000,000
2012 786,727,000,000
2013 1,122,460,000,000
2014 1,160,440,000,000
2015 1,152,520,000,000
2016 1,129,290,000,000
2017 1,141,040,000,000
2018 1,187,730,000,000
2019 1,282,070,000,000

Subsidies and other transfers (% of expense)

Subsidies and other transfers (% of expense) in Serbia was 63.27 as of 2019. Its highest value over the past 12 years was 66.77 in 2013, while its lowest value was 55.06 in 2007.

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
2007 55.06
2008 57.32
2009 57.52
2010 58.11
2011 56.84
2012 55.97
2013 66.77
2014 65.33
2015 65.68
2016 63.60
2017 63.73
2018 63.82
2019 63.27

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance