Serbia General Government Structural Balance (% Potential GDP) Statistics

18, Sep 2018, EDT.

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Country or Region: Serbia › Change country
Economic Indicator: General Government Structural Balance (% Potential GDP) › See all Serbia 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: Serbian Dinar
Currency Symbol: CSD

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 Serbia , Year 2015 - In Detail

General Government Structural Balance (% Potential GDP) for Serbia in year 2015 is -3.307 %. 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 Serbia No. 55 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 %; Serbia is 2.42 less than the average.

In the previous year, 2014, General Government Structural Balance (% Potential GDP) for Serbia was -5.59 % General Government Structural Balance (% Potential GDP) for Serbia in 2015 was or will be 40.79% less than it was or will be in 2014.

In the following or forecasted year, 2016, General Government Structural Balance (% Potential GDP) for Serbia was or will be -2.83 %, which is 14.58% less than the 2015 figure.

* Source: IMF
General Government Structural Balance (% Potential GDP) for Serbia, in other Years
Year %
  2021 -1.107
  2020 -1.454
  2019 -1.797
  2018 -1.808
  2017 -2.115
  2016 -2.825
2015 -3.307
  2014 -5.585
  2013 -5.647
  2012 -5.882
  2011 -4.938
  2010 -4.3
  2009 -4.025
  2008 -4.138
  2007 -2.03
  2006 -1.46
  2005 0.686
  2004 n/a
  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