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Country or Region: Belgium › Change country
Economic Indicator: General Government Structural Balance (National Currency) › See all Belgium 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: 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. Source: Central Bank Latest actual data: 2009 Fiscal assumptions: The estimates for 2010 are preliminary estimates by the National Bank of Belgium. IMF staff projections for 2011 and beyond are based on unchanged policies. The 2011 projections, however, include some of the planned measures for the 2011 federal budget still under preparation and the 2011 budgetary targets for the regions and communities, and the social security administration. For local governments, unchanged policies imply the continuation of their electoral cycle. Start/end months of reporting year: January/December GFS Manual used: 2001 Basis of recording: Noncash (accrual) General government includes: Central Government;State Government;Local Government;Social Security Funds;Other; Valuation of public debt: Nominal valu

General Government Structural Balance (National Currency) for Belgium is EUR -10.171 Billion.

In the previous year, 2009, General Government Structural Balance (National Currency) for Belgium was EUR -10.51 Billion General Government Structural Balance (National Currency) for Belgium in 2010 was or will be 3.26% less than it was or will be in 2009.

In the following or forecasted year, 2011, General Government Structural Balance (National Currency) for Belgium was or will be EUR -10.23 Billion, which is 0.56% more than the 2010 figure.