Morocco - Subsidies and other transfers (current LCU)

The value for Subsidies and other transfers (current LCU) in Morocco was 80,064,770,000.00 as of 2019. As the graph below shows, over the past 28 years this indicator reached a maximum value of 90,387,000,000.00 in 2012 and a minimum value of 0.00 in 1991.

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
1991 0.00
1992 0.00
1995 9,673,000,000.00
1997 12,527,000,000.00
1998 13,693,000,000.00
1999 15,762,000,000.00
2002 25,429,170,000.00
2003 21,953,420,000.00
2004 32,332,190,000.00
2005 37,747,150,000.00
2006 31,902,610,000.00
2007 40,293,480,000.00
2008 55,296,700,000.00
2009 42,803,340,000.00
2010 54,594,450,000.00
2011 77,543,720,000.00
2012 90,387,000,000.00
2013 79,365,000,000.00
2014 74,031,000,000.00
2015 61,239,000,000.00
2016 58,035,210,000.00
2017 65,999,180,000.00
2018 72,994,500,000.00
2019 80,064,770,000.00

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.

Periodicity: Annual

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance