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Country or Region: Major advanced economies (G7) (G7 Countries) › Change country
Economic Indicator: General Government Structural Balance (% Potential GDP) › See all Major advanced economies (G7) indicators, › See General Government Structural Balance (% Potential GDP) 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: US Dollar
Currency Symbol: US$

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.

General Government Structural Balance (% Potential GDP) for Major advanced economies (G7) in year 2010 is -6.36 %

This makes Major advanced economies (G7) n/a in world rankings according to General Government Structural Balance (% Potential GDP) in year 2010. The world's average General Government Structural Balance (% Potential GDP) value is -0.95 %; Major advanced economies (G7) is 5.41 less than the average.

In the previous year, 2009, General Government Structural Balance (% Potential GDP) for Major advanced economies (G7) was -5.82 % General Government Structural Balance (% Potential GDP) for Major advanced economies (G7) in 2010 was or will be 9.22% more than it was or will be in 2009.

In the following or forecasted year, 2011, General Government Structural Balance (% Potential GDP) for Major advanced economies (G7) was or will be -6.50 %, which is 2.22% more than the 2010 figure.