Public expenditure refers to spending on heritage incurred by public funds. Public funds are state, regional and local government bodies (adapted from the OECD glossary). Expenditure that is not directly related to cultural and natural heritage is, in principle, not included. Public expenditure in the preservation, protection and conservation of national cultural and/or natural heritage covers direct expenditure (including subsides), transfers and indirect public expenditures including tax incentives.
UNESCO Institute for Statistics