27, May 2012, CEST. Welcome to the beta version of Econ Stats, the Economic Statistics Database service provided by EconomyWatch.com.

Country or Region: World Average › Change country
Economic Indicator: General Government Structural Balance (% Potential GDP) › See all World Average 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: US Dollar
Currency Symbol: US$

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.

General Government Structural Balance (% Potential GDP) for World Average in year 2010 is -0.95 %

This makes World Average n/a 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 %; World Average is 0.00 more than the average.

In the previous year, 2009, General Government Structural Balance (% Potential GDP) for World Average was -1.08 % General Government Structural Balance (% Potential GDP) for World Average in 2010 was or will be 12.04% less than it was or will be in 2009.

In the following or forecasted year, 2011, General Government Structural Balance (% Potential GDP) for World Average was or will be -0.81 %, which is 14.74% less than the 2010 figure.