Slovakia (Slovak Republic) General Government Structural Balance (% Potential GDP) Statistics

17, Feb 2019, EST.

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Country or Region: Slovakia (Slovak Republic) › Change country
Economic Indicator: General Government Structural Balance (% Potential GDP) › See all Slovakia 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: Slovak Koruna
Currency Symbol: SKK

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 Slovakia (Slovak Republic), Year 2015 - In Detail

General Government Structural Balance (% Potential GDP) for Slovakia in year 2015 is -2.641 %. 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 Slovakia No. 45 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 %; Slovakia is 1.75 less than the average.

In the previous year, 2014, General Government Structural Balance (% Potential GDP) for Slovakia was -2.58 % General Government Structural Balance (% Potential GDP) for Slovakia in 2015 was or will be 2.40% more than it was or will be in 2014.

In the following or forecasted year, 2016, General Government Structural Balance (% Potential GDP) for Slovakia was or will be -2.12 %, which is 19.69% less than the 2015 figure.

* Source: IMF
General Government Structural Balance (% Potential GDP) for Slovakia, in other Years
Year %
  2021 -1.577
  2020 -1.744
  2019 -1.828
  2018 -1.865
  2017 -2.033
  2016 -2.121
2015 -2.641
  2014 -2.579
  2013 -2.041
  2012 -3.895
  2011 -4.412
  2010 -7.166
  2009 -6.313
  2008 -4.153
  2007 -4.168
  2006 -3.247
  2005 -1.622
  2004 -1.626
  2003 -0.909
  2002 -5.873
  2001 -5.871
  2000 -6.075
  1999 -6.963
  1998 -6.191
  1997 -14.176
  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