Croatia General Government Structural Balance (% Potential GDP) Statistics

20, Jun 2019, EDT.

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Country or Region: Croatia › Change country
Economic Indicator: General Government Structural Balance (% Potential GDP) › See all Croatia 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: Kuna, or Hrvatska
Currency Symbol: HRK

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 Croatia , Year 2015 - In Detail

General Government Structural Balance (% Potential GDP) for Croatia in year 2015 is -3.109 %. 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 Croatia No. 52 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 %; Croatia is 2.22 less than the average.

In the previous year, 2014, General Government Structural Balance (% Potential GDP) for Croatia was -4.13 % General Government Structural Balance (% Potential GDP) for Croatia in 2015 was or will be 24.74% less than it was or will be in 2014.

In the following or forecasted year, 2016, General Government Structural Balance (% Potential GDP) for Croatia was or will be -2.66 %, which is 14.60% less than the 2015 figure.

* Source: IMF
General Government Structural Balance (% Potential GDP) for Croatia, in other Years
Year %
  2021 -2.575
  2020 -2.589
  2019 -2.457
  2018 -2.401
  2017 -2.405
  2016 -2.655
2015 -3.109
  2014 -4.131
  2013 -3.88
  2012 -4.103
  2011 -6.967
  2010 -5.104
  2009 -5.332
  2008 -4.488
  2007 -4.142
  2006 -4.277
  2005 -4.154
  2004 -5.149
  2003 -4.262
  2002 -3.01
  2001 n/a
  2000 n/a
  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