India - Subsidies and other transfers

Subsidies and other transfers (current LCU)

The value for Subsidies and other transfers (current LCU) in India was 13,217,200,000,000 as of 2018. As the graph below shows, over the past 28 years this indicator reached a maximum value of 13,217,200,000,000 in 2018 and a minimum value of 283,110,000,000 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.

Year Value
1990 283,110,000,000
1991 335,300,000,000
1992 389,530,000,000
1993 451,800,000,000
1994 499,400,000,000
1995 569,960,000,000
1996 644,800,000,000
1997 729,060,000,000
1998 699,350,000,000
2002 1,705,410,000,000
2003 1,172,070,000,000
2004 1,229,430,000,000
2005 1,544,870,000,000
2006 2,019,590,000,000
2007 2,757,140,000,000
2008 3,067,610,000,000
2009 3,674,760,000,000
2010 4,660,780,000,000
2011 4,718,800,000,000
2012 6,242,150,000,000
2013 7,574,300,000,000
2014 6,964,510,000,000
2015 8,476,580,000,000
2016 10,029,000,000,000
2017 11,765,200,000,000
2018 13,217,200,000,000

Subsidies and other transfers (% of expense)

Subsidies and other transfers (% of expense) in India was 44.65 as of 2018. Its highest value over the past 28 years was 44.65 in 2018, while its lowest value was 25.50 in 2004.

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 31.74
1991 33.01
1992 33.85
1993 34.05
1994 33.28
1995 33.19
1996 32.83
1997 32.32
1998 27.39
2002 42.62
2003 26.94
2004 25.50
2005 28.03
2006 31.25
2007 36.89
2008 32.29
2009 34.25
2010 36.99
2011 37.28
2012 38.83
2013 40.52
2014 37.73
2015 40.69
2016 42.67
2017 44.09
2018 44.65

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance