Canada - Subsidies and other transfers (% of expense)

Subsidies and other transfers (% of expense) in Canada was 71.19 as of 2019. Its highest value over the past 29 years was 71.43 in 2016, while its lowest value was 52.18 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 52.18
1991 54.95
1992 56.97
1993 57.42
1994 56.86
1995 55.54
1996 55.22
1997 55.66
1998 55.32
1999 56.38
2000 55.13
2001 57.45
2002 58.38
2003 60.57
2004 61.29
2005 64.16
2006 63.42
2007 64.51
2008 65.02
2009 66.25
2010 67.39
2011 66.13
2012 67.23
2013 67.90
2014 68.95
2015 70.48
2016 71.43
2017 71.10
2018 70.72
2019 71.19

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