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Country or Region: United Kingdom (UK, Great Britain or the British Isles) › Change country
Economic Indicator: General Government Structural Balance (National Currency) › See all United Kingdom 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: United Kingdom Pound (Sterling)
Currency Symbol: GBP

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: National Statistical Office Latest actual data: 2009 Notes: General government variables exclude the effects of temporary effect of financial interventions. Fiscal assumptions: Fiscal projections are based on the authorities? 2011 budget announced in March 2011 and Economic and Fiscal Outlook by Office for Budget Responsibility published along with the Budget. These projections incorporate the announced medium-term consolidation plans from 2011 onwards. The projections are adjusted for differences in forecasts of macroeconomic and financial variables. Start/end months of reporting year: January/December GFS Manual used: 2001 Basis of recording: Noncash (accrual) General government includes: Central Government;Local Government; Valuation of public debt: Nominal value Primary domesti

General Government Structural Balance (National Currency) for United Kingdom is GBP -123.328 Billion.

In the previous year, 2009, General Government Structural Balance (National Currency) for United Kingdom was GBP -123.52 Billion General Government Structural Balance (National Currency) for United Kingdom in 2010 was or will be 0.15% less than it was or will be in 2009.

In the following or forecasted year, 2011, General Government Structural Balance (National Currency) for United Kingdom was or will be GBP -103.01 Billion, which is 16.47% more than the 2010 figure.