Definition

The indicator on "Government financial transfers (GFTs)" provides a measure of the financial support provided by governments to the fisheries sector. GFT consists of direct revenue enhancing transfers (direct payments), i.e. 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 and fisheries management; in some cases, they also include the costs of local area weather forecasting and the costs of navigation and satellite surveillance systems designed to assist fishing fleets.

For more statistics on economic, environmental and social issues visit online the OECD Factbook 2010.