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Country or Region: Cyprus › Change country
Economic Indicator: General Government Structural Balance (National Currency) › See all Cyprus indicators, › See General Government Structural Balance (National Currency) data for all countries
Detailed Analysis for Year: 2010 › Change year
Full Dataset: from 1980 to 2016
Dataset updated: 1st August 2011
Data Source: International Monetary Fund (IMF)
National or Regional Currency: Euro
Currency Symbol: EUR

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: Eurostat Latest actual data: 2009 Fiscal assumptions: Projections are based on the latest budget documents, adjusted for staff's macroeconomic and other assumptions. Start/end months of reporting year: January/December GFS Manual used: 2001 Basis of recording: Noncash (accrual) General government includes: Central Government;Local Government;Social Security Funds; Valuation of public debt: Nominal value Primary domestic currency: Euros Data last updated: 03/2011

General Government Structural Balance (National Currency) for Cyprus is EUR -0.897 Billion.

In the previous year, 2009, General Government Structural Balance (National Currency) for Cyprus was EUR -0.98 Billion General Government Structural Balance (National Currency) for Cyprus in 2010 was or will be 8.28% less than it was or will be in 2009.

In the following or forecasted year, 2011, General Government Structural Balance (National Currency) for Cyprus was or will be EUR -0.77 Billion, which is 13.71% more than the 2010 figure.