Argentina General Government Structural Balance (% Potential GDP) Statistics

21, Nov 2019, EST.

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Country or Region: Argentina › Change country
Economic Indicator: General Government Structural Balance (% Potential GDP) › See all Argentina 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: Argentine Peso
Currency Symbol: ARP

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 Argentina , Year 2015 - In Detail

General Government Structural Balance (% Potential GDP) for Argentina in year 2015 is -6.722 %. 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 Argentina No. 66 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 %; Argentina is 5.83 less than the average.

In the previous year, 2014, General Government Structural Balance (% Potential GDP) for Argentina was -4.37 % General Government Structural Balance (% Potential GDP) for Argentina in 2015 was or will be 53.75% more than it was or will be in 2014.

In the following or forecasted year, 2016, General Government Structural Balance (% Potential GDP) for Argentina was or will be -5.98 %, which is 11.10% less than the 2015 figure.

* Source: IMF
General Government Structural Balance (% Potential GDP) for Argentina, in other Years
Year %
  2021 -3.005
  2020 -3.041
  2019 -3.131
  2018 -4.608
  2017 -5.33
  2016 -5.976
2015 -6.722
  2014 -4.372
  2013 -3.652
  2012 -3.037
  2011 -3.483
  2010 -0.984
  2009 -0.599
  2008 0.264
  2007 -0.62
  2006 1.112
  2005 1.826
  2004 3.527
  2003 1.912
  2002 0.208
  2001 -3.145
  2000 -2.414
  1999 -2.566
  1998 -1.928
  1997 -1.603
  1996 -4.022
  1995 -3.201
  1994 -3.567
  1993 -2.394
  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