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Country or Region: Australia › Change country
Economic Indicator: General Government Structural Balance (National Currency) › See all Australia indicators, › See General Government Structural Balance (National Currency) 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: Australian Dollar
Currency Symbol: AUD

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. Source: Ministry of Finance Latest actual data: 2010 Fiscal assumptions: Fiscal projections are based on the IMF staff projections and the 2010-11 Mid-year Economic and Fiscal Outlook. Start/end months of reporting year: July/June Basis of recording: Cash General government includes: Central Government;State Government;Local Government; Valuation of public debt: Nominal value Primary domestic currency: Australian dollars Data last updated: 03/2011

General Government Structural Balance (National Currency) for Australia is AUD -60.632 Billion.

In the previous year, 2009, General Government Structural Balance (National Currency) for Australia was AUD -50.58 Billion General Government Structural Balance (National Currency) for Australia in 2010 was or will be 19.88% more than it was or will be in 2009.

In the following or forecasted year, 2011, General Government Structural Balance (National Currency) for Australia was or will be AUD -36.31 Billion, which is 40.11% more than the 2010 figure.