Hong Kong (Hong Kong SAR (Special Administrative Region)) General Government Structural Balance (% Potential GDP) Statistics

22, Oct 2018, EDT.

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Country or Region: Hong Kong (Hong Kong SAR (Special Administrative Region)) › Change country
Economic Indicator: General Government Structural Balance (% Potential GDP) › See all Hong Kong 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: Hong Kong Dollar
Currency Symbol: HKD

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 Hong Kong (Hong Kong SAR (Special Administrative Region)), Year 2015 - In Detail

General Government Structural Balance (% Potential GDP) for Hong Kong in year 2015 is 1.237 %. 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 Hong Kong No. 3 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 %; Hong Kong is 2.13 more than the average.

In the previous year, 2014, General Government Structural Balance (% Potential GDP) for Hong Kong was 2.75 % General Government Structural Balance (% Potential GDP) for Hong Kong in 2015 was or will be 55.00% less than it was or will be in 2014.

In the following or forecasted year, 2016, General Government Structural Balance (% Potential GDP) for Hong Kong was or will be -0.16 %, which is 112.53% less than the 2015 figure.

* Source: IMF
General Government Structural Balance (% Potential GDP) for Hong Kong, in other Years
Year %
  2021 0.872
  2020 0.72
  2019 -0.141
  2018 -0.609
  2017 0.199
  2016 -0.155
2015 1.237
  2014 2.749
  2013 -1.15
  2012 0.401
  2011 0.398
  2010 0.885
  2009 -0.716
  2008 -0.56
  2007 3.833
  2006 1.673
  2005 -0.355
  2004 0.941
  2003 -3.06
  2002 -4.327
  2001 -3.505
  2000 -2.5
  1999 -2.276
  1998 -2.509
  1997 2.059
  1996 0.884
  1995 0.412
  1994 0.921
  1993 1.636
  1992 2.999
  1991 3.25
  1990 2.224
  1989 1.649
  1988 3.747
  1987 3.722
  1986 3.217
  1985 3.13
  1984 n/a
  1983 n/a
  1982 n/a
  1981 n/a
  1980 n/a