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Major advanced economies (G7) (G7 Countries) Output Gap, Percent of Potential GDP Statistics

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Country or Region: Major advanced economies (G7) (G7 Countries) › Change country
Economic Indicator: Output Gap, Percent of Potential GDP › See all Major advanced economies (G7) indicators, › See Output Gap, Percent of 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$

Output gaps for advanced economies are calculated as actual GDP less potential GDP as a percent of potential GDP. Estimates of output gaps are subject to a significant margin of uncertainty.

Output Gap, Percent of Potential GDP Statistics for Major advanced economies (G7) (G7 Countries), Year 2010 - In Detail

Output Gap, Percent of Potential GDP for Major advanced economies (G7) in year 2010 is -4.018 %

This makes Major advanced economies (G7) n/a in world rankings according to Output Gap, Percent of Potential GDP in year 2010. The world's average Output Gap, Percent of Potential GDP value is -0.36 %; Major advanced economies (G7) is 3.66 less than the average.

In the previous year, 2009, Output Gap, Percent of Potential GDP for Major advanced economies (G7) was -5.52 % Output Gap, Percent of Potential GDP for Major advanced economies (G7) in 2010 was or will be 27.17% less than it was or will be in 2009.

In the following or forecasted year, 2011, Output Gap, Percent of Potential GDP for Major advanced economies (G7) was or will be -3.13 %, which is 22.13% less than the 2010 figure.

* Source: IMF
Output Gap, Percent of Potential GDP for Major advanced economies (G7), in other Years
Year %
  2016 -0.196
  2015 -0.585
  2014 -1.022
  2013 -1.577
  2012 -2.233
  2011 -3.129
2010 -4.018
  2009 -5.517
  2008 -0.926
  2007 0.641
  2006 0.382
  2005 -0.193
  2004 -0.446
  2003 -1.22
  2002 -0.959
  2001 0.017
  2000 1.465
  1999 0.599
  1998 0.159
  1997 0.179
  1996 -0.42
  1995 -0.723
  1994 -0.725
  1993 -1.67
  1992 -0.878
  1991 -0.587
  1990 0.751
  1989 0.793
  1988 0.174
  1987 -1.401
  1986 -1.51
  1985 -1.503
  1984 -2.385
  1983 -4.327
  1982 -4.813
  1981 -2.297
  1980 -1.255