Finland General Government Structural Balance (% Potential GDP) Statistics

17, Feb 2019, EST.

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Country or Region: Finland › Change country
Economic Indicator: General Government Structural Balance (% Potential GDP) › See all Finland 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: 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. See notes for: General government structural balance (National currency).

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

General Government Structural Balance (% Potential GDP) for Finland in year 2015 is -0.961 %. 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 Finland No. 21 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 %; Finland is 0.07 less than the average.

In the previous year, 2014, General Government Structural Balance (% Potential GDP) for Finland was -1.11 % General Government Structural Balance (% Potential GDP) for Finland in 2015 was or will be 13.19% less than it was or will be in 2014.

In the following or forecasted year, 2016, General Government Structural Balance (% Potential GDP) for Finland was or will be -0.85 %, which is 11.76% less than the 2015 figure.

* Source: IMF
General Government Structural Balance (% Potential GDP) for Finland, in other Years
Year %
  2021 -0.683
  2020 -0.686
  2019 -0.725
  2018 -0.814
  2017 -0.816
  2016 -0.848
2015 -0.961
  2014 -1.107
  2013 -0.89
  2012 -1.095
  2011 -0.942
  2010 -1.408
  2009 -0.081
  2008 1.654
  2007 2.071
  2006 2.237
  2005 1.685
  2004 1.341
  2003 2.252
  2002 3.652
  2001 3.94
  2000 5.333
  1999 0.838
  1998 0.541
  1997 -1.166
  1996 -0.933
  1995 -3.21
  1994 -2.638
  1993 -2.764
  1992 -1.767
  1991 -0.382
  1990 2.297
  1989 -0.264
  1988 -0.4
  1987 -2.887
  1986 -0.199
  1985 -0.752
  1984 -0.718
  1983 -2.355
  1982 -0.389
  1981 0.732
  1980 -2.267