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World Average Output Gap, Percent of Potential GDP Statistics

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: Output Gap, Percent of Potential GDP › See all World Average indicators, › See Output Gap, Percent of 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$

Output gaps for advanced economies are calculated as actual GDP less potential GDP as a percent of potential GDP. Estimates of output gaps are subject to a significant margin of uncertainty.

Output Gap, Percent of Potential GDP Statistics for World Average , Year 2010 - In Detail

Output Gap, Percent of Potential GDP for World Average in year 2010 is -0.36 %

This makes World Average n/a in world rankings according to Output Gap, Percent of Potential GDP in year 2010. The world's average Output Gap, Percent of Potential GDP value is -0.36 %; World Average is 0.00 more than the average.

In the previous year, 2009, Output Gap, Percent of Potential GDP for World Average was -0.40 % Output Gap, Percent of Potential GDP for World Average in 2010 was or will be 10.00% less than it was or will be in 2009.

In the following or forecasted year, 2011, Output Gap, Percent of Potential GDP for World Average was or will be -0.28 %, which is 22.22% less than the 2010 figure.

* Source: IMF
Output Gap, Percent of Potential GDP for World Average, in other Years
Year %
  2016 -0.00
  2015 -0.02
  2014 -0.04
  2013 -0.06
  2012 -0.22
  2011 -0.30
2010 -0.36
  2009 -0.44
  2008 0.22
  2007 0.34
  2006 0.16
  2005 0.03
  2004 -0.02
  2003 -0.11
  2002 -0.04
  2001 0.04
  2000 0.15
  1999 0.01
  1998 -0.05
  1997 -0.09
  1996 -0.15
  1995 -0.12
  1994 -0.19
  1993 -0.29
  1992 -0.08
  1991 -0.01
  1990 0.15
  1989 0.13
  1988 0.03
  1987 -0.08
  1986 -0.13
  1985 -0.15
  1984 -0.19
  1983 -0.29
  1982 -0.23
  1981 -0.08
  1980 0.06