Turkey - Subsidies and other transfers

Subsidies and other transfers (current LCU)

The value for Subsidies and other transfers (current LCU) in Turkey was 863,903,000,000 as of 2020. As the graph below shows, over the past 23 years this indicator reached a maximum value of 863,903,000,000 in 2020 and a minimum value of 2,492,730,000 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.

Year Value
1997 2,492,730,000
1998 4,052,101,000
2008 153,371,000,000
2009 186,445,000,000
2010 192,360,000,000
2011 212,743,000,000
2012 239,494,000,000
2013 270,618,000,000
2014 290,417,000,000
2015 333,433,000,000
2016 405,963,000,000
2017 486,861,000,000
2018 585,377,000,000
2019 712,756,000,000
2020 863,903,000,000

Subsidies and other transfers (% of expense)

Subsidies and other transfers (% of expense) in Turkey was 50.27 as of 2020. Its highest value over the past 23 years was 52.09 in 2009, while its lowest value was 25.78 in 1998.

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
1997 31.35
1998 25.78
2008 50.41
2009 52.09
2010 50.11
2011 49.91
2012 51.20
2013 50.96
2014 48.11
2015 49.11
2016 50.44
2017 48.96
2018 46.42
2019 46.43
2020 50.27

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance