Romania General Government Structural Balance (% Potential GDP) Statistics

24, Apr 2019, EDT.

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Country or Region: Romania › Change country
Economic Indicator: General Government Structural Balance (% Potential GDP) › See all Romania 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: Romanian Leu
Currency Symbol: ROL

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 Romania , Year 2015 - In Detail

General Government Structural Balance (% Potential GDP) for Romania in year 2015 is -0.656 %. 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 Romania No. 16 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 %; Romania is 0.23 more than the average.

In the previous year, 2014, General Government Structural Balance (% Potential GDP) for Romania was -0.48 % General Government Structural Balance (% Potential GDP) for Romania in 2015 was or will be 37.53% more than it was or will be in 2014.

In the following or forecasted year, 2016, General Government Structural Balance (% Potential GDP) for Romania was or will be -3.03 %, which is 362.20% more than the 2015 figure.

* Source: IMF
General Government Structural Balance (% Potential GDP) for Romania, in other Years
Year %
  2021 -2.701
  2020 -2.706
  2019 -2.702
  2018 -2.635
  2017 -2.692
  2016 -3.032
2015 -0.656
  2014 -0.477
  2013 -1.725
  2012 -1.74
  2011 -3.434
  2010 -6.136
  2009 -8.044
  2008 -9.434
  2007 -5.76
  2006 -2.929
  2005 -1.119
  2004 -3.989
  2003 n/a
  2002 n/a
  2001 n/a
  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