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Country or Region: Venezuela (Venezuela (Bolivarian Republic of)) › Change country
Economic Indicator: General Government Structural Balance (National Currency) › See all Venezuela 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: Bolivar Fuerte
Currency Symbol: VEF

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: Ministry of Finance Latest actual data: 2010 Start/end months of reporting year: January/December GFS Manual used: 2001 Basis of recording: Cash General government includes: Central Government;Local Government;Social Security Funds;Nonfinancial Public Corporation; Valuation of public debt: Nominal value Primary domestic currency: Venezuelan bolívares Data last updated: 03/2011

General Government Structural Balance (National Currency) for Venezuela is VEF -145.301 Billion.

In the previous year, 2009, General Government Structural Balance (National Currency) for Venezuela was VEF -57.10 Billion General Government Structural Balance (National Currency) for Venezuela in 2010 was or will be 154.49% more than it was or will be in 2009.

In the following or forecasted year, 2011, General Government Structural Balance (National Currency) for Venezuela was or will be VEF -27.99 Billion, which is 80.73% more than the 2010 figure.