Uruguay General Government Structural Balance (% Potential GDP) Statistics

16, Jun 2019, EDT.

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Country or Region: Uruguay › Change country
Economic Indicator: General Government Structural Balance (% Potential GDP) › See all Uruguay 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: Uruguayan Peso
Currency Symbol: UYU

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 Uruguay , Year 2015 - In Detail

General Government Structural Balance (% Potential GDP) for Uruguay in year 2015 is -4.109 %. 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 Uruguay No. 58 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 %; Uruguay is 3.22 less than the average.

In the previous year, 2014, General Government Structural Balance (% Potential GDP) for Uruguay was -4.73 % General Government Structural Balance (% Potential GDP) for Uruguay in 2015 was or will be 13.15% less than it was or will be in 2014.

In the following or forecasted year, 2016, General Government Structural Balance (% Potential GDP) for Uruguay was or will be -3.93 %, which is 4.33% less than the 2015 figure.

* Source: IMF
General Government Structural Balance (% Potential GDP) for Uruguay, in other Years
Year %
  2021 -2.644
  2020 -2.582
  2019 -2.546
  2018 -2.867
  2017 -3.498
  2016 -3.931
2015 -4.109
  2014 -4.731
  2013 -3.922
  2012 -2.391
  2011 -1.803
  2010 -2.207
  2009 0.155
  2008 0.191
  2007 1.316
  2006 2.24
  2005 1.342
  2004 1.003
  2003 0.898
  2002 -0.818
  2001 -2.71
  2000 -3.978
  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