Cyprus | Subsidies and other transfers (current LCU)
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. Limitations and exceptions: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries. Statistical concept and methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.
Publisher
The World Bank
Origin
Republic of Cyprus
Records
63
Source
Cyprus | Subsidies and other transfers (current LCU)
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1963
1964
1965
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1967
1968
1969
1970
1971
1972
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1974
1975
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1979
29524632.90698 1980
38494790.474205 1981
39178231.050756 1982
51856053.745767 1983
55973783.219484 1984
51206785.198044 1985
34359974.986075 1986
32070449.054631 1987
48080044.560326 1988
55751665.032105 1989
622369593.19393 1990
661400886.69271 1991
800681590.71861 1992
960134788.24313 1993
1130185113.3219 1994
1066679879.8512 1995
1177738973.5406 1996
1265902807.9156 1997
1433174889.0263 1998
1494001100.3393 1999
1750633036.834 2000
1930036188.1785 2001
2120032668.4596 2002
2531293035.3988 2003
2844821399.8913 2004
3109654623.3046 2005
3182441044.7073 2006
3248563920.4885 2007
3679985784.436 2008
2289400000 2009
2541000000 2010
2692900000 2011
2674800000 2012
2579300000 2013
2548500000 2014
2853851000 2015
2940615000 2016
2959631000 2017
3269936000 2018
3414072000 2019
4532538000 2020
4820763000 2021
2022
Cyprus | Subsidies and other transfers (current LCU)
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. Limitations and exceptions: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries. Statistical concept and methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.
Publisher
The World Bank
Origin
Republic of Cyprus
Records
63
Source