China (People's Republic of China) General Government Structural Balance (% Potential GDP) Statistics

25, Apr 2019, EDT.

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Country or Region: China (People's Republic of China) › Change country
Economic Indicator: General Government Structural Balance (% Potential GDP) › See all China 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: Yuan Renminbi
Currency Symbol: RMB

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 China (People's Republic of China), Year 2015 - In Detail

General Government Structural Balance (% Potential GDP) for China in year 2015 is -2.436 %. 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 China No. 42 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 %; China is 1.55 less than the average.

In the previous year, 2014, General Government Structural Balance (% Potential GDP) for China was -0.48 % General Government Structural Balance (% Potential GDP) for China in 2015 was or will be 408.56% more than it was or will be in 2014.

In the following or forecasted year, 2016, General Government Structural Balance (% Potential GDP) for China was or will be -2.88 %, which is 18.39% more than the 2015 figure.

* Source: IMF
General Government Structural Balance (% Potential GDP) for China, in other Years
Year %
  2021 -2.215
  2020 -2.183
  2019 -2.138
  2018 -2.339
  2017 -2.593
  2016 -2.884
2015 -2.436
  2014 -0.479
  2013 -0.501
  2012 -0.466
  2011 -0.069
  2010 0.579
  2009 -1.842
  2008 -0.318
  2007 -0.139
  2006 -0.645
  2005 -0.52
  2004 -0.488
  2003 -1.321
  2002 -1.762
  2001 -1.635
  2000 -2.174
  1999 -1.901
  1998 -0.938
  1997 -0.868
  1996 -0.977
  1995 -1.248
  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