Greece - Subsidies and other transfers

Subsidies and other transfers (current LCU)

The value for Subsidies and other transfers (current LCU) in Greece was 40,510,000,000 as of 2019. As the graph below shows, over the past 24 years this indicator reached a maximum value of 48,292,000,000 in 2009 and a minimum value of 11,939,000,000 in 1995.

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
1995 11,939,000,000
1996 13,194,000,000
1997 14,439,000,000
1998 16,061,000,000
1999 17,604,000,000
2000 19,639,000,000
2001 21,801,000,000
2002 23,322,000,000
2003 27,495,000,000
2004 28,940,000,000
2005 31,646,000,000
2006 35,433,000,000
2007 39,518,000,000
2008 45,082,000,000
2009 48,292,000,000
2010 46,628,000,000
2011 47,904,000,000
2012 44,955,000,000
2013 39,888,000,000
2014 39,749,000,000
2015 39,922,000,000
2016 39,867,000,000
2017 39,274,000,000
2018 38,878,000,000
2019 40,510,000,000

Subsidies and other transfers (% of expense)

Subsidies and other transfers (% of expense) in Greece was 47.34 as of 2019. Its highest value over the past 24 years was 47.36 in 2016, while its lowest value was 29.68 in 1997.

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
1995 29.93
1996 30.19
1997 29.68
1998 30.02
1999 31.48
2000 32.45
2001 33.76
2002 33.97
2003 36.57
2004 34.38
2005 36.99
2006 38.34
2007 38.55
2008 39.46
2009 39.66
2010 40.83
2011 42.97
2012 42.55
2013 36.86
2014 45.82
2015 44.14
2016 47.36
2017 46.67
2018 45.22
2019 47.34

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance