Uruguay - Subsidies and other transfers (% of expense)

Subsidies and other transfers (% of expense) in Uruguay was 46.44 as of 2019. Its highest value over the past 32 years was 65.73 in 2000, while its lowest value was 2.13 in 1987.

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
1987 2.13
1988 3.08
1989 2.50
1990 52.87
1991 55.85
1992 57.65
1993 64.35
1994 62.80
1995 64.37
1996 64.34
1997 65.43
1998 61.36
1999 57.43
2000 65.73
2001 54.78
2002 52.77
2003 47.39
2004 46.17
2005 47.32
2006 46.43
2007 47.58
2008 50.13
2009 47.01
2010 46.48
2011 46.83
2012 47.57
2013 47.20
2014 47.08
2015 48.56
2016 42.06
2017 46.39
2018 46.49
2019 46.44

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