Saudi Arabia - Subsidies and other transfers
Subsidies and other transfers (current LCU)
The value for Subsidies and other transfers (current LCU) in Saudi Arabia was 117,916,000,000 as of 2019. As the graph below shows, over the past 9 years this indicator reached a maximum value of 137,135,000,000 in 2012 and a minimum value of 34,045,000,000 in 2010.
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 |
|---|---|
| 2010 | 34,045,000,000 |
| 2011 | 51,839,000,000 |
| 2012 | 137,135,000,000 |
| 2013 | 76,501,000,000 |
| 2014 | 97,543,000,000 |
| 2015 | 83,737,000,000 |
| 2016 | 53,443,160,000 |
| 2017 | 59,067,700,000 |
| 2018 | 74,937,000,000 |
| 2019 | 117,916,000,000 |
Subsidies and other transfers (% of expense)
Subsidies and other transfers (% of expense) in Saudi Arabia was 13.24 as of 2019. Its highest value over the past 9 years was 19.22 in 2012, while its lowest value was 7.03 in 2010.
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 |
|---|---|
| 2010 | 7.03 |
| 2011 | 8.88 |
| 2012 | 19.22 |
| 2013 | 10.45 |
| 2014 | 11.88 |
| 2015 | 10.59 |
| 2016 | 7.67 |
| 2017 | 8.18 |
| 2018 | 8.41 |
| 2019 | 13.24 |
Classification
Topic: Public Sector Indicators
Sub-Topic: Government finance
