Armenia - Subsidies and other transfers

Subsidies and other transfers (current LCU)

The value for Subsidies and other transfers (current LCU) in Armenia was 543,684,000,000 as of 2019. As the graph below shows, over the past 15 years this indicator reached a maximum value of 600,561,000,000 in 2016 and a minimum value of 104,019,000,000 in 2004.

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
2004 104,019,000,000
2005 148,470,000,000
2006 169,460,000,000
2007 187,286,000,000
2008 325,890,000,000
2009 280,115,000,000
2010 310,155,000,000
2011 306,903,000,000
2012 338,779,000,000
2013 380,468,000,000
2014 474,293,000,000
2015 471,486,000,000
2016 600,561,000,000
2017 484,459,000,000
2018 534,154,000,000
2019 543,684,000,000

Subsidies and other transfers (% of expense)

Subsidies and other transfers (% of expense) in Armenia was 38.19 as of 2019. Its highest value over the past 15 years was 46.09 in 2016, while its lowest value was 32.15 in 2004.

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
2004 32.15
2005 36.48
2006 37.20
2007 34.89
2008 43.20
2009 37.37
2010 38.98
2011 36.00
2012 37.15
2013 36.89
2014 40.95
2015 37.28
2016 46.09
2017 38.47
2018 40.21
2019 38.19

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance