Ghana - Subsidies and other transfers

Subsidies and other transfers (current LCU)

The value for Subsidies and other transfers (current LCU) in Ghana was 11,648,330,000 as of 2019. As the graph below shows, over the past 18 years this indicator reached a maximum value of 16,204,890,000 in 2015 and a minimum value of 29,401,800 in 2001.

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
2001 29,401,800
2002 38,555,600
2003 280,074,900
2004 536,812,800
2005 563,929,300
2006 836,657,200
2007 1,528,906,000
2008 1,871,586,000
2009 1,842,423,000
2010 3,154,267,000
2011 4,177,314,000
2012 4,573,931,000
2013 5,707,015,000
2014 8,447,041,000
2015 16,204,890,000
2016 8,607,304,000
2017 9,220,021,000
2018 11,080,170,000
2019 11,648,330,000

Subsidies and other transfers (% of expense)

Subsidies and other transfers (% of expense) in Ghana was 18.66 as of 2019. Its highest value over the past 18 years was 36.96 in 2007, while its lowest value was 3.94 in 2002.

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
2001 4.13
2002 3.94
2003 19.23
2004 28.62
2005 25.49
2006 28.63
2007 36.96
2008 30.18
2009 27.92
2010 33.99
2011 33.03
2012 22.59
2013 23.78
2014 29.28
2015 29.42
2016 21.43
2017 20.22
2018 20.40
2019 18.66

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance