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Country or Region: United Kingdom (UK, Great Britain or the British Isles) › Change country
Economic Indicator: General Government Structural Balance (% Potential GDP) › See all United Kingdom indicators, › See General Government Structural Balance (% Potential GDP) 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. See notes for: General government structural balance (National currency).

General Government Structural Balance (% Potential GDP) for United Kingdom in year 2010 is -8.253 %

This makes United Kingdom No. 47 in world rankings according to General Government Structural Balance (% Potential GDP) in year 2010. The world's average General Government Structural Balance (% Potential GDP) value is -0.95 %; United Kingdom is 7.30 less than the average.

In the previous year, 2009, General Government Structural Balance (% Potential GDP) for United Kingdom was -8.53 % General Government Structural Balance (% Potential GDP) for United Kingdom in 2010 was or will be 3.21% less than it was or will be in 2009.

In the following or forecasted year, 2011, General Government Structural Balance (% Potential GDP) for United Kingdom was or will be -6.56 %, which is 20.54% less than the 2010 figure.