Micronesia - Subsidies and other transfers
Subsidies and other transfers (current LCU)
The value for Subsidies and other transfers (current LCU) in Micronesia was 2,551,704 as of 2019. As the graph below shows, over the past 11 years this indicator reached a maximum value of 3,190,727 in 2010 and a minimum value of 836,456 in 2008.
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 |
|---|---|
| 2008 | 836,456 |
| 2009 | 953,267 |
| 2010 | 3,190,727 |
| 2011 | 1,637,433 |
| 2012 | 1,540,547 |
| 2013 | 1,344,640 |
| 2014 | 2,092,654 |
| 2015 | 1,101,344 |
| 2016 | 2,105,000 |
| 2017 | 1,605,000 |
| 2018 | 1,115,000 |
| 2019 | 2,551,704 |
Subsidies and other transfers (% of expense)
Subsidies and other transfers (% of expense) in Micronesia was 2.73 as of 2019. Its highest value over the past 11 years was 6.41 in 2010, while its lowest value was 1.29 in 2018.
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 |
|---|---|
| 2008 | 1.75 |
| 2009 | 2.04 |
| 2010 | 6.41 |
| 2011 | 3.35 |
| 2012 | 2.70 |
| 2013 | 2.33 |
| 2014 | 3.62 |
| 2015 | 1.68 |
| 2016 | 2.86 |
| 2017 | 1.97 |
| 2018 | 1.29 |
| 2019 | 2.73 |
Classification
Topic: Public Sector Indicators
Sub-Topic: Government finance
