Group of 7 countries (G7) Compared by Economy > Government spending > Subsidies and other transfers > Current LCU
DEFINITION:
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.
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Interesting observations about Economy > Government spending > Subsidies and other transfers > Current LCU
- Indonesia has had the highest government spending > subsidies and other transfers > current LCU since 1998.
- All of the top 2 countries by government spending > subsidies and other transfers > current LCU are Muslim.
- 3 of the top 4 countries by government spending > subsidies and other transfers > current LCU are East Asian and Pacific.
- South Korea has ranked in the top 3 for government spending > subsidies and other transfers > current LCU since 1990.
- Iran has ranked #2 in government spending > subsidies and other transfers > current LCU since 2004.
- 75 of the top 133 countries by government spending > subsidies and other transfers > current LCU are Christian.
- 2 of the top 4 countries by government spending > subsidies and other transfers > current LCU are High income OECD.
- All of the bottom 6 countries by government spending > subsidies and other transfers > current LCU are Former British Colonies'.
- 68 of the top 142 countries by government spending > subsidies and other transfers > current LCU are Hot countries.
- 5 of the top 9 countries by government spending > subsidies and other transfers > current LCU are Emerging markets'.