Costa Rica - Subsidies and other transfers (% of expense)

Subsidies and other transfers (% of expense) in Costa Rica was 25.04 as of 2019. Its highest value over the past 32 years was 32.45 in 1994, while its lowest value was 0.27 in 1989.

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
1987 0.65
1988 0.58
1989 0.27
1990 20.77
1991 20.20
1992 20.74
1993 26.82
1994 32.45
1995 25.90
1996 24.49
1997 27.93
1998 28.58
1999 27.57
2000 27.32
2001 28.50
2002 26.57
2003 24.03
2004 25.51
2005 27.64
2006 25.50
2007 28.16
2008 24.94
2009 22.45
2010 21.31
2011 22.49
2012 22.24
2013 22.11
2014 21.73
2015 23.55
2016 21.07
2017 23.86
2018 22.36
2019 25.04

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