Bulgaria General Government Structural Balance (% Potential GDP) Statistics

18, Feb 2019, EST.

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Country or Region: Bulgaria › Change country
Economic Indicator: General Government Structural Balance (% Potential GDP) › See all Bulgaria 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: Lev
Currency Symbol: BGL

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 Bulgaria , Year 2015 - In Detail

General Government Structural Balance (% Potential GDP) for Bulgaria in year 2015 is -2.194 %. 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 Bulgaria No. 38 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 %; Bulgaria is 1.30 less than the average.

In the previous year, 2014, General Government Structural Balance (% Potential GDP) for Bulgaria was -2.88 % General Government Structural Balance (% Potential GDP) for Bulgaria in 2015 was or will be 23.74% less than it was or will be in 2014.

In the following or forecasted year, 2016, General Government Structural Balance (% Potential GDP) for Bulgaria was or will be -2.22 %, which is 1.09% more than the 2015 figure.

* Source: IMF
General Government Structural Balance (% Potential GDP) for Bulgaria, in other Years
Year %
  2021 0.023
  2020 -0.017
  2019 -0.469
  2018 -0.721
  2017 -1.066
  2016 -2.218
2015 -2.194
  2014 -2.877
  2013 -0.979
  2012 0.298
  2011 -1.711
  2010 -3.831
  2009 -1.389
  2008 -0.5
  2007 0.399
  2006 1.813
  2005 1.494
  2004 2.014
  2003 1.077
  2002 0.498
  2001 1.158
  2000 0.949
  1999 n/a
  1998 n/a
  1997 n/a
  1996 n/a
  1995 n/a
  1994 n/a
  1993 n/a
  1992 n/a
  1991 n/a
  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