Romania - Subsidies and other transfers

Subsidies and other transfers (current LCU)

The value for Subsidies and other transfers (current LCU) in Romania was 123,451,000,000 as of 2019. As the graph below shows, over the past 29 years this indicator reached a maximum value of 123,451,000,000 in 2019 and a minimum value of 16,540,000 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 16,540,000
1991 41,840,000
1992 141,658,000
1993 343,894,000
1994 776,316,000
1995 985,800,000
1996 1,468,000,000
1997 3,128,700,000
1998 4,573,400,000
1999 6,730,500,000
2000 9,376,800,000
2001 12,746,200,000
2002 15,696,400,000
2003 19,173,800,000
2004 26,530,900,000
2005 30,867,200,000
2006 37,072,700,000
2007 43,720,900,000
2008 58,191,600,000
2009 67,314,700,000
2010 73,057,500,000
2011 74,067,800,000
2012 70,990,900,000
2013 72,962,100,000
2014 74,684,000,000
2015 79,109,500,000
2016 84,413,300,000
2017 96,110,900,000
2018 105,380,000,000
2019 123,451,000,000

Subsidies and other transfers (% of expense)

Subsidies and other transfers (% of expense) in Romania was 34.52 as of 2019. Its highest value over the past 29 years was 61.43 in 1992, while its lowest value was 31.36 in 2007.

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 57.82
1991 57.72
1992 61.43
1993 57.41
1994 52.39
1995 49.70
1996 49.58
1997 42.98
1998 40.28
1999 36.71
2000 34.63
2001 33.58
2002 33.27
2003 32.28
2004 35.25
2005 35.02
2006 34.60
2007 31.36
2008 33.73
2009 36.83
2010 39.12
2011 37.85
2012 35.80
2013 36.35
2014 34.45
2015 33.47
2016 34.61
2017 35.50
2018 33.55
2019 34.52

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance