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Advanced Economies Output Gap, Percent of Potential GDP Statistics

25, May 2012, CEST. Welcome to the beta version of Econ Stats, the Economic Statistics Database service provided by EconomyWatch.com.

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: 2010 › Change year
Full Dataset: from 1980 to 2016
Dataset updated: 1st August 2011
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 2010 - In Detail

Output Gap, Percent of Potential GDP for Advanced Economies in year 2010 is -3.41 %

This makes Advanced Economies n/a in world rankings according to Output Gap, Percent of Potential GDP in year 2010. The world's average Output Gap, Percent of Potential GDP value is -0.36 %; Advanced Economies is 3.05 less than the average.

In the previous year, 2009, Output Gap, Percent of Potential GDP for Advanced Economies was -4.84 % Output Gap, Percent of Potential GDP for Advanced Economies in 2010 was or will be 29.50% less than it was or will be in 2009.

In the following or forecasted year, 2011, Output Gap, Percent of Potential GDP for Advanced Economies was or will be -2.63 %, which is 23.02% less than the 2010 figure.

* Source: IMF
Output Gap, Percent of Potential GDP for Advanced Economies, in other Years
Year %
  2016 n/a
  2015 n/a
  2014 n/a
  2013 n/a
  2012 -1.866
  2011 -2.625
2010 -3.41
  2009 -4.837
  2008 -0.315
  2007 1.144
  2006 0.639
  2005 -0.067
  2004 -0.345
  2003 -1.145
  2002 -0.792
  2001 0.015
  2000 1.436
  1999 0.468
  1998 -0.107
  1997 0.219
  1996 -0.387
  1995 -0.624
  1994 -0.748
  1993 -1.647
  1992 -0.693
  1991 -0.266
  1990 0.952
  1989 0.949
  1988 0.304
  1987 -1.097
  1986 -1.375
  1985 -1.465
  1984 -2.175
  1983 -3.868
  1982 -4.17
  1981 -1.885
  1980 -0.865