Luxembourg General Government Structural Balance (% Potential GDP) Statistics

20, Mar 2019, EDT.

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Country or Region: Luxembourg › Change country
Economic Indicator: General Government Structural Balance (% Potential GDP) › See all Luxembourg 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 Luxembourg , Year 2015 - In Detail

General Government Structural Balance (% Potential GDP) for Luxembourg in year 2015 is 0.726 %. 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 Luxembourg No. 5 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 %; Luxembourg is 1.62 more than the average.

In the previous year, 2014, General Government Structural Balance (% Potential GDP) for Luxembourg was 1.51 % General Government Structural Balance (% Potential GDP) for Luxembourg in 2015 was or will be 51.76% less than it was or will be in 2014.

In the following or forecasted year, 2016, General Government Structural Balance (% Potential GDP) for Luxembourg was or will be 0.69 %, which is 4.68% less than the 2015 figure.

* Source: IMF
General Government Structural Balance (% Potential GDP) for Luxembourg, in other Years
Year %
  2021 0.099
  2020 0.059
  2019 0.031
  2018 -0.023
  2017 -0.08
  2016 0.692
2015 0.726
  2014 1.505
  2013 1.034
  2012 1.138
  2011 0.123
  2010 -0.544
  2009 1.27
  2008 2.22
  2007 2.109
  2006 1.392
  2005 0.814
  2004 -0.634
  2003 1.253
  2002 2.157
  2001 5.968
  2000 5.339
  1999 3.484
  1998 4.291
  1997 4.547
  1996 2.057
  1995 1.468
  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