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Country or Region: Czech Republic › Change country
Economic Indicator: General Government Structural Balance (National Currency) › See all Czech Republic 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: Czech Koruna
Currency Symbol: CZK

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 Latest actual data: 2009 Fiscal assumptions: The forecast is based on unchanged policies (expenditures, except for the interst payments for the next three years are those provided by the authorities; revenues are projected by staff). There are currently no credible policy plans to reach the 2013 Convergence Program target of 3 percent of GDP. 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: Czech koruny Data last updated: 03/2011

General Government Structural Balance (National Currency) for Czech Republic is CZK -142.749 Billion.

In the previous year, 2009, General Government Structural Balance (National Currency) for Czech Republic was CZK -159.54 Billion General Government Structural Balance (National Currency) for Czech Republic in 2010 was or will be 10.53% less than it was or will be in 2009.

In the following or forecasted year, 2011, General Government Structural Balance (National Currency) for Czech Republic was or will be CZK -108.51 Billion, which is 23.99% more than the 2010 figure.