Barbados - Subsidies and other transfers

Subsidies and other transfers (current LCU)

The value for Subsidies and other transfers (current LCU) in Barbados was 1,237,829,000 as of 2016. As the graph below shows, over the past 13 years this indicator reached a maximum value of 1,360,784,000 in 2015 and a minimum value of 439,408,000 in 2003.

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
2003 439,408,000
2004 555,200,000
2005 782,077,400
2006 898,445,600
2007 1,143,762,000
2008 1,249,488,000
2009 1,227,919,000
2010 1,250,719,000
2011 1,074,070,000
2012 1,282,461,000
2013 1,337,330,000
2014 1,227,270,000
2015 1,360,784,000
2016 1,237,829,000

Subsidies and other transfers (% of expense)

Subsidies and other transfers (% of expense) in Barbados was 37.88 as of 2016. Its highest value over the past 13 years was 42.26 in 2008, while its lowest value was 25.37 in 2003.

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
2003 25.37
2004 31.24
2005 36.43
2006 39.60
2007 41.82
2008 42.26
2009 40.45
2010 40.19
2011 35.73
2012 39.16
2013 40.25
2014 39.06
2015 40.89
2016 37.88

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance