Major advanced economies (G7) (G7 Countries) General Government Structural Balance (% Potential GDP) Statistics

22, May 2019, EDT.

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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: 2015 › Change year
Full Dataset: from 1980 to 2019
Dataset updated: 17th March 2015
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) Statistics for Major advanced economies (G7) (G7 Countries), Year 2015 - In Detail

General Government Structural Balance (% Potential GDP) for Major advanced economies (G7) in year 2015 is -2.728 %. 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 Major advanced economies (G7) n/a 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 %; Major advanced economies (G7) is 1.84 less than the average.

In the previous year, 2014, General Government Structural Balance (% Potential GDP) for Major advanced economies (G7) was -3.06 % General Government Structural Balance (% Potential GDP) for Major advanced economies (G7) in 2015 was or will be 10.79% less than it was or will be in 2014.

In the following or forecasted year, 2016, General Government Structural Balance (% Potential GDP) for Major advanced economies (G7) was or will be -2.89 %, which is 5.79% more than the 2015 figure.

* Source: IMF
General Government Structural Balance (% Potential GDP) for Major advanced economies (G7), in other Years
Year %
  2021 -2.399
  2020 -2.365
  2019 -2.45
  2018 -2.449
  2017 -2.661
  2016 -2.886
2015 -2.728
  2014 -3.058
  2013 -3.681
  2012 -5.145
  2011 -6.45
  2010 -7.347
  2009 -6.302
  2008 -4.391
  2007 -3.178
  2006 -3.051
  2005 -3.717
  2004 -4.364
  2003 -4.671
  2002 -4.068
  2001 -2.482
  2000 n/a
  1999 n/a
  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