Ireland General Government Structural Balance (National Currency) Statistics

19, Mar 2019, EDT.

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Country or Region: Ireland › Change country
Economic Indicator: General Government Structural Balance (National Currency) › See all Ireland indicators, › See General Government Structural Balance (National Currency) 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. Source: Ministry of Finance or Treasury Latest actual data: 2014 Fiscal assumptions: Fiscal projections are based on the 2015 budget. The fiscal projections are adjusted for differences between the IMF staff?s macroeconomic projections and those of the Irish authorities. Start/end months of reporting year: January/December GFS Manual used: Government Finance Statistics Manual (GFSM) 2001. Data are provided with ESA 2010 and mapped to GFS Basis of recording: Accrual General government includes: Central Government;Local Government;Social Security Funds;Other; Valuation of public debt: Nominal value Primary domestic currency: Euro Data last updated: 03/2016

General Government Structural Balance (National Currency) Statistics for Ireland , Year 2015 - In Detail

General Government Structural Balance (National Currency) for Ireland is EUR -2.564 Billion. 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.

In the previous year, 2014, General Government Structural Balance (National Currency) for Ireland was EUR -3.34 Billion General Government Structural Balance (National Currency) for Ireland in 2015 was or will be 23.21% less than it was or will be in 2014.

In the following or forecasted year, 2016, General Government Structural Balance (National Currency) for Ireland was or will be EUR -1.25 Billion, which is 51.37% more than the 2015 figure.

* Source: IMF
General Government Structural Balance (National Currency) for Ireland, in other Years
Year Billion
  2021 0.035
  2020 0.059
  2019 -0.032
  2018 -0.073
  2017 -0.038
  2016 -1.247
2015 -2.564
  2014 -3.339
  2013 -5.841
  2012 -9.122
  2011 -11.152
  2010 -14.625
  2009 -18.488
  2008 -22.225
  2007 -17.173
  2006 -9.187
  2005 -6.354
  2004 -3.883
  2003 -1.559
  2002 -1.432
  2001 -1.499
  2000 3.51
  1999 4.046
  1998 n/a
  1997 n/a
  1996 n/a
  1995 n/a
  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