Euro Area (Eurozone) General Government Structural Balance (% Potential GDP) Statistics

26, Mar 2019, EDT.

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Country or Region: Euro Area (Eurozone) › Change country
Economic Indicator: General Government Structural Balance (% Potential GDP) › See all Euro Area 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: US Dollar
Currency Symbol: US$

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.

General Government Structural Balance (% Potential GDP) Statistics for Euro Area (Eurozone), Year 2015 - In Detail

General Government Structural Balance (% Potential GDP) for Euro Area in year 2015 is -0.862 %. 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 Euro Area n/a 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 %; Euro Area is 0.03 more than the average.

In the previous year, 2014, General Government Structural Balance (% Potential GDP) for Euro Area was -1.02 % General Government Structural Balance (% Potential GDP) for Euro Area in 2015 was or will be 15.66% less than it was or will be in 2014.

In the following or forecasted year, 2016, General Government Structural Balance (% Potential GDP) for Euro Area was or will be -1.07 %, which is 24.36% more than the 2015 figure.

* Source: IMF
General Government Structural Balance (% Potential GDP) for Euro Area, in other Years
Year %
  2021 n/a
  2020 n/a
  2019 n/a
  2018 n/a
  2017 -0.935
  2016 -1.072
2015 -0.862
  2014 -1.022
  2013 -1.188
  2012 -2.003
  2011 -3.667
  2010 -4.485
  2009 -4.589
  2008 -3.307
  2007 -2.304
  2006 -2.249
  2005 -2.552
  2004 -2.96
  2003 -2.918
  2002 -2.828
  2001 -2.511
  2000 -1.631
  1999 -0.963
  1998 -1.715
  1997 -2.064
  1996 -2.869
  1995 -3.987
  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