Canada General Government Structural Balance (National Currency) Statistics

19, Jun 2019, EDT.

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Country or Region: Canada › Change country
Economic Indicator: General Government Structural Balance (National Currency) › See all Canada indicators, › See General Government Structural Balance (National Currency) 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: Canadian Dollar
Currency Symbol: CAD

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 or Treasury Latest actual data: 2015 Notes: Fiscal data are on a calendar year basis. Fiscal assumptions: Projections use the baseline forecasts in the Update of Economic and Fiscal Projections (November 2015), Backgrounder Canadian Economic Outlook (February 2016), 2015 provincial budget updates, and 2016 provincial budgets as available. The IMF staff makes some adjustments to this forecast for differences in macroeconomic projections. The IMF staff forecast also incorporates the most recent data releases from Statistics Canada?s Canadian System of National Economic Accounts, including federal, provincial, and territorial budgetary outturns through the end of 2015. Start/end months of reporting year: January/December GFS Manual used: Government Finance Statisti

General Government Structural Balance (National Currency) Statistics for Canada , Year 2015 - In Detail

General Government Structural Balance (National Currency) for Canada is CAD -25.672 Billion. 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.

In the previous year, 2014, General Government Structural Balance (National Currency) for Canada was CAD -10.63 Billion General Government Structural Balance (National Currency) for Canada in 2015 was or will be 141.44% more than it was or will be in 2014.

In the following or forecasted year, 2016, General Government Structural Balance (National Currency) for Canada was or will be CAD -39.88 Billion, which is 55.35% more than the 2015 figure.

* Source: IMF
General Government Structural Balance (National Currency) for Canada, in other Years
Year Billion
  2021 -1.375
  2020 -10.332
  2019 -17.056
  2018 -24.653
  2017 -31.516
  2016 -39.882
2015 -25.672
  2014 -10.633
  2013 -27.003
  2012 -34.23
  2011 -48.188
  2010 -57.826
  2009 -29.422
  2008 -6.214
  2007 11.414
  2006 10.507
  2005 8.826
  2004 2.836
  2003 -5.199
  2002 -11.07
  2001 -1.998
  2000 12.768
  1999 12.034
  1998 6.549
  1997 9.125
  1996 -12.13
  1995 -36.777
  1994 -44.767
  1993 -47.159
  1992 -44.771
  1991 -43.825
  1990 -46.204
  1989 -44.693
  1988 -41.015
  1987 -38.847
  1986 -39.415
  1985 -44.567
  1984 -31.81
  1983 -21.52
  1982 -15.226
  1981 -46.316
  1980 -15.904