Philippines - Subsidies and other transfers

Subsidies and other transfers (current LCU)

The value for Subsidies and other transfers (current LCU) in Philippines was 552,966,000,000 as of 2016. As the graph below shows, over the past 26 years this indicator reached a maximum value of 552,966,000,000 in 2016 and a minimum value of 7,310,000,000 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 7,310,000,000
1991 9,781,000,000
1992 20,175,000,000
1993 34,716,000,000
2000 108,900,000,000
2001 128,244,000,000
2002 148,100,000,000
2003 159,580,000,000
2004 159,520,000,000
2005 169,240,000,000
2006 188,510,000,000
2007 221,048,000,000
2008 244,104,000,000
2009 282,084,000,000
2010 300,557,000,000
2011 368,819,000,000
2012 340,959,000,000
2013 383,584,000,000
2014 424,675,000,000
2015 465,572,000,000
2016 552,966,000,000

Subsidies and other transfers (% of expense)

Subsidies and other transfers (% of expense) in Philippines was 27.20 as of 2016. Its highest value over the past 26 years was 27.20 in 2016, while its lowest value was 4.05 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.

See also:

Year Value
1990 4.05
1991 4.90
1992 9.21
1993 14.80
2000 18.75
2001 19.46
2002 20.96
2003 20.75
2004 19.65
2005 17.33
2006 19.75
2007 22.11
2008 22.33
2009 23.17
2010 23.18
2011 26.89
2012 22.76
2013 24.10
2014 25.08
2015 24.77
2016 27.20

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance