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Country or Region: New Zealand › Change country
Economic Indicator: General Government Structural Balance (National Currency) › See all New Zealand 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: New Zealand Dollar
Currency Symbol: NZD

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: 2009 Fiscal assumptions: Fiscal projections are based on the authorities? 2011 budget and IMF staff estimates. The New Zealand fiscal accounts switched to generally accepted accounting principles beginning in fiscal year 2006/07, with no comparable historical data. Start/end months of reporting year: July/June GFS Manual used: 2001 Basis of recording: Cash General government includes: Central Government;Social Security Funds; Valuation of public debt: Current market value Primary domestic currency: New Zealand dollars Data last updated: 03/2011

General Government Structural Balance (National Currency) for New Zealand is NZD -7.516 Billion.

In the previous year, 2009, General Government Structural Balance (National Currency) for New Zealand was NZD -4.07 Billion General Government Structural Balance (National Currency) for New Zealand in 2010 was or will be 84.62% more than it was or will be in 2009.

In the following or forecasted year, 2011, General Government Structural Balance (National Currency) for New Zealand was or will be NZD -7.99 Billion, which is 6.24% more than the 2010 figure.