Trinidad and Tobago - Subsidies and other transfers

Subsidies and other transfers (current LCU)

The value for Subsidies and other transfers (current LCU) in Trinidad and Tobago was 16,955,100,000 as of 2018. As the graph below shows, over the past 17 years this indicator reached a maximum value of 26,184,000,000 in 2014 and a minimum value of 3,811,813,000 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 3,811,813,000
2002 4,135,000,000
2003 4,659,300,000
2004 6,597,200,000
2005 8,435,300,000
2006 12,376,300,000
2007 13,505,100,000
2008 17,382,300,000
2009 18,012,100,000
2010 18,150,100,000
2012 20,299,800,000
2013 23,246,700,000
2014 26,184,000,000
2015 23,942,700,000
2016 20,415,500,000
2017 20,415,500,000
2018 16,955,100,000

Subsidies and other transfers (% of expense)

Subsidies and other transfers (% of expense) in Trinidad and Tobago was 33.44 as of 2018. Its highest value over the past 17 years was 44.99 in 2009, while its lowest value was 29.04 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.

See also:

Year Value
2001 29.04
2002 29.50
2003 29.62
2004 34.87
2005 36.99
2006 36.17
2007 40.23
2008 37.52
2009 44.99
2010 41.85
2012 40.77
2013 42.91
2014 44.57
2015 41.69
2016 38.24
2017 38.24
2018 33.44

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance