27, May 2012, CEST. Welcome to the beta version of Econ Stats, the Economic Statistics Database service provided by EconomyWatch.com.

Country or Region: Lithuania › Change country
Economic Indicator: General Government Structural Balance (National Currency) › See all Lithuania 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: Litas
Currency Symbol: LTL

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: 2010 Fiscal assumptions: Fiscal projections for 2010 are based on the authorities? 2010 budget after adjusting for differences in macroeconomic assumptions. For the period thereafter, the projections assume that all the adjustment measures that were enacted in 2009 and 2010 budgets remain in place for the duration of the forecast period and are not phased out. All other policies are assumed to remain unchanged, but contributions to Pillar II are raised in line with legal obligation to repay the transfers made to Pillar I in 2010 and 2011. Start/end months of reporting year: January/December GFS Manual used: 2001 Basis of recording: Noncash (accrual) General government includes: Central Government;State Government;Local Government;Social Secu

General Government Structural Balance (National Currency) for Lithuania is LTL -6.117 Billion.

In the previous year, 2009, General Government Structural Balance (National Currency) for Lithuania was LTL -6.32 Billion General Government Structural Balance (National Currency) for Lithuania in 2010 was or will be 3.20% less than it was or will be in 2009.

In the following or forecasted year, 2011, General Government Structural Balance (National Currency) for Lithuania was or will be LTL -5.84 Billion, which is 4.50% more than the 2010 figure.