Advanced Economies Output Gap, Percent of Potential GDP Statistics

23, Feb 2019, EST.

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Country or Region: Advanced Economies › Change country
Economic Indicator: Output Gap, Percent of Potential GDP › See all Advanced Economies indicators, › See Output Gap, Percent of 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$

Output gaps for advanced economies are calculated as actual GDP less potential GDP as a percent of potential GDP. Estimates of output gaps are subject to a significant margin of uncertainty.

Output Gap, Percent of Potential GDP Statistics for Advanced Economies , Year 2015 - In Detail

Output Gap, Percent of Potential GDP for Advanced Economies in year 2015 is -1.507 %. Output gaps for advanced economies are calculated as actual GDP less potential GDP as a percent of potential GDP. Estimates of output gaps are subject to a significant margin of uncertainty.

This makes Advanced Economies n/a in world rankings according to Output Gap, Percent of Potential GDP in year 2015. The world's average Output Gap, Percent of Potential GDP value is -0.23 %; Advanced Economies is 1.28 less than the average.

In the previous year, 2014, Output Gap, Percent of Potential GDP for Advanced Economies was -1.84 % Output Gap, Percent of Potential GDP for Advanced Economies in 2015 was or will be 18.28% less than it was or will be in 2014.

In the following or forecasted year, 2016, Output Gap, Percent of Potential GDP for Advanced Economies was or will be -1.22 %, which is 18.98% less than the 2015 figure.

* Source: IMF
Output Gap, Percent of Potential GDP for Advanced Economies, in other Years
Year %
  2021 n/a
  2020 n/a
  2019 n/a
  2018 n/a
  2017 -0.862
  2016 -1.221
2015 -1.507
  2014 -1.844
  2013 -2.17
  2012 -1.983
  2011 -1.854
  2010 -2.313
  2009 -3.992
  2008 0.798
  2007 2.494
  2006 1.837
  2005 0.982
  2004 0.489
  2003 -0.43
  2002 -0.155
  2001 0.583
  2000 1.702
  1999 0.567
  1998 -0.159
  1997 -0.001
  1996 -0.715
  1995 -0.995
  1994 -1.264
  1993 -2.021
  1992 -0.932
  1991 -0.49
  1990 0.891
  1989 1.14
  1988 0.4
  1987 -0.994
  1986 -1.379
  1985 -1.251
  1984 -1.932
  1983 -3.721
  1982 -4.069
  1981 -1.743
  1980 -1.42