Advanced Economies General Government Structural Balance (% Potential GDP) Statistics

17, Feb 2019, EST.

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Country or Region: Advanced Economies › Change country
Economic Indicator: General Government Structural Balance (% Potential GDP) › See all Advanced Economies indicators, › See General Government Structural Balance (% Potential GDP) data for all countries
Detailed Analysis for Year: 2015 › Change year
Full Dataset: from 1980 to 2019
Dataset updated: 17th March 2015
Data Source: International Monetary Fund (IMF)
National or Regional Currency: US Dollar
Currency Symbol: US$

Data are on a national income accounts basis. The structural budget position is defined as the actual budget deficit (or surplus) less the effects of cyclical deviations of output from potential output. Because of the margin of uncertainty that attaches to estimates of cyclical gaps and to tax and expenditure elasticities with respect to national income, indicators of structural budget positions should be interpreted as broad orders of magnitude.

General Government Structural Balance (% Potential GDP) Statistics for Advanced Economies , Year 2015 - In Detail

General Government Structural Balance (% Potential GDP) for Advanced Economies in year 2015 is -2.4 %. Data are on a national income accounts basis. The structural budget position is defined as the actual budget deficit (or surplus) less the effects of cyclical deviations of output from potential output. Because of the margin of uncertainty that attaches to estimates of cyclical gaps and to tax and expenditure elasticities with respect to national income, indicators of structural budget positions should be interpreted as broad orders of magnitude.

This makes Advanced Economies n/a in world rankings according to General Government Structural Balance (% Potential GDP) in year 2015. The world's average General Government Structural Balance (% Potential GDP) value is -0.89 %; Advanced Economies is 1.51 less than the average.

In the previous year, 2014, General Government Structural Balance (% Potential GDP) for Advanced Economies was -2.64 % General Government Structural Balance (% Potential GDP) for Advanced Economies in 2015 was or will be 9.06% less than it was or will be in 2014.

In the following or forecasted year, 2016, General Government Structural Balance (% Potential GDP) for Advanced Economies was or will be -2.51 %, which is 4.46% more than the 2015 figure.

* Source: IMF
General Government Structural Balance (% Potential GDP) for Advanced Economies, in other Years
Year %
  2021 n/a
  2020 n/a
  2019 n/a
  2018 n/a
  2017 -2.284
  2016 -2.507
2015 -2.4
  2014 -2.639
  2013 -3.127
  2012 -4.367
  2011 -5.592
  2010 -6.475
  2009 -5.858
  2008 -3.92
  2007 -2.559
  2006 -2.461
  2005 -2.999
  2004 -3.694
  2003 -3.936
  2002 -3.471
  2001 -2.168
  2000 n/a
  1999 n/a
  1998 n/a
  1997 n/a
  1996 n/a
  1995 n/a
  1994 n/a
  1993 n/a
  1992 n/a
  1991 n/a
  1990 n/a
  1989 n/a
  1988 n/a
  1987 n/a
  1986 n/a
  1985 n/a
  1984 n/a
  1983 n/a
  1982 n/a
  1981 n/a
  1980 n/a