Austria General Government Structural Balance (% Potential GDP) Statistics

19, Jun 2019, EDT.

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Country or Region: Austria › Change country
Economic Indicator: General Government Structural Balance (% Potential GDP) › See all Austria 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: Euro
Currency Symbol: EUR

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. See notes for: General government structural balance (National currency).

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

General Government Structural Balance (% Potential GDP) for Austria in year 2015 is -0.239 %. 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 Austria No. 12 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 %; Austria is 0.65 more than the average.

In the previous year, 2014, General Government Structural Balance (% Potential GDP) for Austria was -0.27 % General Government Structural Balance (% Potential GDP) for Austria in 2015 was or will be 12.13% less than it was or will be in 2014.

In the following or forecasted year, 2016, General Government Structural Balance (% Potential GDP) for Austria was or will be -1.10 %, which is 358.58% more than the 2015 figure.

* Source: IMF
General Government Structural Balance (% Potential GDP) for Austria, in other Years
Year %
  2021 -1.05
  2020 -0.998
  2019 -0.965
  2018 -1.149
  2017 -1.045
  2016 -1.096
2015 -0.239
  2014 -0.272
  2013 -0.98
  2012 -1.668
  2011 -2.479
  2010 -3.123
  2009 -2.685
  2008 -3.212
  2007 -3.508
  2006 -2.981
  2005 -1.912
  2004 -1.426
  2003 -0.648
  2002 -1.061
  2001 -1.201
  2000 -3.476
  1999 -2.765
  1998 -2.879
  1997 -2.485
  1996 -4.655
  1995 -6.654
  1994 -4.596
  1993 -3.675
  1992 -2.64
  1991 -3.986
  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