Solomon Islands - Subsidies and other transfers

Subsidies and other transfers (current LCU)

The value for Subsidies and other transfers (current LCU) in Solomon Islands was 205,589,100 as of 2020. As the graph below shows, over the past 9 years this indicator reached a maximum value of 293,594,400 in 2018 and a minimum value of 126,578,300 in 2011.

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
2011 126,578,300
2012 170,544,900
2013 249,320,400
2014 223,225,900
2015 288,983,000
2016 217,610,800
2017 211,534,100
2018 293,594,400
2019 171,726,500
2020 205,589,100

Subsidies and other transfers (% of expense)

Subsidies and other transfers (% of expense) in Solomon Islands was 5.11 as of 2020. Its highest value over the past 9 years was 9.10 in 2015, while its lowest value was 4.48 in 2019.

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
2011 6.23
2012 7.73
2013 8.71
2014 7.51
2015 9.10
2016 6.67
2017 6.04
2018 8.29
2019 4.48
2020 5.11

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance