Lower middle income - Subsidies and other transfers
Subsidies and other transfers (% of expense)
Subsidies and other transfers (% of expense) in Lower middle income was 29.33 as of 2018. Its highest value over the past 15 years was 32.44 in 2016, while its lowest value was 20.45 in 2003.
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 |
|---|---|
| 2003 | 20.45 |
| 2004 | 25.67 |
| 2009 | 26.89 |
| 2010 | 28.09 |
| 2011 | 32.10 |
| 2012 | 26.70 |
| 2013 | 27.11 |
| 2014 | 29.28 |
| 2015 | 30.61 |
| 2016 | 32.44 |
| 2017 | 32.35 |
| 2018 | 29.33 |
Classification
Topic: Public Sector Indicators
Sub-Topic: Government finance
