Portugal - Subsidies and other transfers (% of expense)

Subsidies and other transfers (% of expense) in Portugal was 46.01 as of 2019. Its highest value over the past 41 years was 46.01 in 2019, while its lowest value was 5.68 in 1989.

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
1978 14.93
1979 12.68
1980 15.11
1981 15.99
1982 14.03
1983 11.89
1984 12.33
1985 18.10
1986 14.56
1987 9.07
1988 7.97
1989 5.68
1990 36.45
1991 36.20
1992 35.06
1993 37.32
1994 42.07
1995 35.17
1996 36.39
1997 36.47
1998 36.01
1999 36.69
2000 37.10
2001 37.26
2002 37.78
2003 39.97
2004 39.86
2005 40.39
2006 40.95
2007 41.28
2008 41.18
2009 42.94
2010 42.53
2011 42.76
2012 44.37
2013 44.69
2014 41.74
2015 44.18
2016 45.67
2017 43.65
2018 45.55
2019 46.01

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.

Aggregation method: Median

Periodicity: Annual

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance