Kiribati - Subsidies and other transfers

Subsidies and other transfers (current LCU)

The value for Subsidies and other transfers (current LCU) in Kiribati was 41,698,980 as of 2019. As the graph below shows, over the past 8 years this indicator reached a maximum value of 48,063,890 in 2017 and a minimum value of 15,989,230 in 2011.

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
2011 15,989,230
2012 18,705,400
2013 19,918,070
2014 19,928,200
2015 18,722,200
2016 36,338,320
2017 48,063,890
2018 36,106,440
2019 41,698,980

Subsidies and other transfers (% of expense)

Subsidies and other transfers (% of expense) in Kiribati was 19.06 as of 2019. Its highest value over the past 8 years was 25.66 in 2017, while its lowest value was 12.50 in 2015.

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
2011 14.20
2012 15.05
2013 15.83
2014 16.23
2015 12.50
2016 21.31
2017 25.66
2018 18.72
2019 19.06

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance