Mongolia - Subsidies and other transfers

Subsidies and other transfers (current LCU)

The value for Subsidies and other transfers (current LCU) in Mongolia was 4,021,730,000,000 as of 2018. As the graph below shows, over the past 26 years this indicator reached a maximum value of 4,021,730,000,000 in 2018 and a minimum value of 5,692,000,000 in 1992.

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
1992 5,692,000,000
1993 21,165,000,000
1994 30,252,000,000
1995 42,446,000,000
1996 55,479,000,000
1997 77,889,000,000
1998 94,671,000,000
1999 109,049,000,000
2000 153,090,000,000
2001 162,275,000,000
2002 174,745,000,000
2003 137,796,000,000
2006 441,300,000,000
2007 418,910,000,000
2008 666,875,000,000
2009 776,970,000,000
2010 938,228,000,000
2011 1,575,230,000,000
2012 2,200,600,000,000
2013 2,764,810,000,000
2014 2,797,810,000,000
2015 2,974,560,000,000
2016 3,587,910,000,000
2017 3,400,620,000,000
2018 4,021,730,000,000

Subsidies and other transfers (% of expense)

Subsidies and other transfers (% of expense) in Mongolia was 54.86 as of 2018. Its highest value over the past 26 years was 63.56 in 1993, while its lowest value was 30.62 in 2003.

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
1992 60.83
1993 63.56
1994 55.62
1995 55.82
1996 56.41
1997 51.13
1998 54.55
1999 53.36
2000 55.86
2001 52.87
2002 51.94
2003 30.62
2006 46.93
2007 36.42
2008 39.95
2009 44.56
2010 41.98
2011 48.94
2012 48.70
2013 60.92
2014 53.04
2015 53.44
2016 54.72
2017 51.22
2018 54.86

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance