Belarus - Subsidies and other transfers (% of expense)

Subsidies and other transfers (% of expense) in Belarus was 64.60 as of 2019. Its highest value over the past 27 years was 71.39 in 2013, while its lowest value was 34.85 in 1994.

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
1992 54.64
1993 39.50
1994 34.85
1995 55.10
1996 63.59
1997 65.64
1998 67.51
1999 63.19
2000 67.66
2001 67.85
2002 68.60
2003 62.91
2004 61.16
2005 64.71
2006 64.52
2007 68.44
2008 69.12
2009 69.65
2010 69.27
2011 70.17
2012 69.31
2013 71.39
2014 70.62
2015 69.95
2016 70.35
2017 64.13
2018 61.70
2019 64.60

Limitations and Exceptions: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries.

Statistical Concept and Methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.

Aggregation method: Median

Periodicity: Annual

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance