Colombia General Government Structural Balance (National Currency) Statistics

22, Apr 2019, EDT.

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Country or Region: Colombia › Change country
Economic Indicator: General Government Structural Balance (National Currency) › See all Colombia 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: Colombian Peso
Currency Symbol: COP

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: 2014 Notes: Structural balance based on staff estimates; adjusts for the cyclical variation of GDP, oil prices and oil production levels. Start/end months of reporting year: January/December GFS Manual used: Government Finance Statistics Manual (GFSM) 2001. Transitioning toward 2001 manual Basis of recording: Revenue (cash); Expenditure (cash modified) General government includes: Central Government;State Government;Local Government;Social Security Funds;Other; Valuation of public debt: Face value Primary domestic currency: Colombian peso Data last updated: 03/2016

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

General Government Structural Balance (National Currency) for Colombia is COP -26,383.09 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 Colombia was COP -23,414.97 Billion General Government Structural Balance (National Currency) for Colombia in 2015 was or will be 12.68% more than it was or will be in 2014.

In the following or forecasted year, 2016, General Government Structural Balance (National Currency) for Colombia was or will be COP -16,781.94 Billion, which is 36.39% more than the 2015 figure.

* Source: IMF
General Government Structural Balance (National Currency) for Colombia, in other Years
Year Billion
  2021 -14,099.24
  2020 -15,829.01
  2019 -15,190.06
  2018 -16,035.89
  2017 -14,053.34
  2016 -16,781.94
2015 -26,383.09
  2014 -23,414.97
  2013 -17,855.13
  2012 -9,753.23
  2011 -16,394.21
  2010 -14,150.44
  2009 -11,713.60
  2008 -5,581.69
  2007 -8,511.68
  2006 -5,074.65
  2005 1,963.55
  2004 280.381
  2003 -3,198.21
  2002 -5,910.09
  2001 -7,113.91
  2000 -7,615.34
  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