OECD Factbook 2007 - Economic, Environmental and Social Statistics
Public finance
PUBLIC EXPENDITURE AND AID
Previous Indicator  67/94  Next Indicator   

Government support for fishing

Catches from sea fishing have been declining both because of falling stocks due to over-fishing and because of national and international measures to preserve the remaining fish resources. This has been particularly marked in the Northern Hemisphere and has lead governments in many OECD countries to provide financial support to the fishing industry.

Definition

The time series "Government financial transfers (GFT)” provides an indicator of the financial support received by the fishery sector. GFTs consist of direct revenue enhancing transfers (direct payments), transfers that reduce the operating costs, and the costs of general services provided to the fishing industry. These general services consist mainly of fishery protection services but also include the costs of local area weather forecasting and the costs of navigation and satellite surveillance systems designed to assist fishing fleets.

Comparability

The data are relatively comprehensive and consistent across the years, but some year-to-year variations must be interpreted with caution, as they may reflect changes in national statistical systems. Note too that the general services provided by government may contain large and irregular capital investments. For example, the GFTs for Greece in 2001 and in particular for 2002 include the implementation cost of a satellite control system.

Figure

GFT for selected countries

Million US dollars

Figure 10-02-04-f01


This data in excel



Long-term trends

Overall transfers to the fishing industry have been fluctuating at around USD 6 billion during the last decade. This represents around 15% of the value of the total catch from maritime capture. Most of the GFTs cover general services, which represent approximately 78% of the total GFTs. The remaining spending consists of direct payments (around 13% of total GFTs) and cost reducing transfers (around 9% of total GFTs).

Source

Further information

Analytical publications

Websites



 

Government financial transfers
 

10-02-04-g01

 

 
Previous Indicator  67/94  Next Indicator