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Country or Region: Israel › Change country
Economic Indicator: General Government Structural Balance (National Currency) › See all Israel 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: Shekel
Currency Symbol: ILS

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: 2008 Fiscal assumptions: Historical data are based on Government Finance Statistics (GFS) submitted by the Ministry of Finance. The historical data, together with the announced and planned fiscal budgets by the authorities form the basis for staff medium-term fiscal projections. The projections will incorporate the staff projection on macroeconomic framework, and are consistent (in methodology) with those projections by the authorities. Staff projections are regularly updated and revised. Start/end months of reporting year: January/December GFS Manual used: 2001 Basis of recording: Quasi-accrual basis. General government includes: Central Government;Social Security Funds; Valuation of public debt: Nominal value Primary domestic currency: Isra

General Government Structural Balance (National Currency) for Israel is ILS -33.704 Billion.

In the previous year, 2009, General Government Structural Balance (National Currency) for Israel was ILS -39.70 Billion General Government Structural Balance (National Currency) for Israel in 2010 was or will be 15.10% less than it was or will be in 2009.

In the following or forecasted year, 2011, General Government Structural Balance (National Currency) for Israel was or will be ILS -31.18 Billion, which is 7.49% more than the 2010 figure.