Australia General Government Structural Balance (National Currency) Statistics

22, Oct 2019, EDT.

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Country or Region: Australia › Change country
Economic Indicator: General Government Structural Balance (National Currency) › See all Australia indicators, › See General Government Structural Balance (National Currency) 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: Australian Dollar
Currency Symbol: AUD

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 or Treasury. Treasury Department Latest actual data: 2014/15. Final Budget Outcome Notes: Social Benefits series comprises social security and welfare spending for which we do not have comparable data prior to 2004. Fiscal assumptions: Fiscal projections are based on Australian Bureau of Statistics data, the 2015?16 mid-year economic and fiscal outlook, and IMF staff estimates. Start/end months of reporting year: January/December. July/June by authorities, and Jan/Dec by staff GFS Manual used: Government Finance Statistics Manual (GFSM) 2001 Basis of recording: Accrual General government includes: Central Government;State Government;Local Government;Other;. Other includes Territory governments Valuation of public debt: Nominal value Primary domestic currency: Au

General Government Structural Balance (National Currency) Statistics for Australia , Year 2015 - In Detail

General Government Structural Balance (National Currency) for Australia is AUD -35.309 Billion. 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.

In the previous year, 2014, General Government Structural Balance (National Currency) for Australia was AUD -37.92 Billion General Government Structural Balance (National Currency) for Australia in 2015 was or will be 6.90% less than it was or will be in 2014.

In the following or forecasted year, 2016, General Government Structural Balance (National Currency) for Australia was or will be AUD -30.10 Billion, which is 14.75% more than the 2015 figure.

* Source: IMF
General Government Structural Balance (National Currency) for Australia, in other Years
Year Billion
  2021 2.63
  2020 2.18
  2019 1.721
  2018 -1.966
  2017 -16.371
  2016 -30.101
2015 -35.309
  2014 -37.924
  2013 -37.304
  2012 -47.593
  2011 -59.913
  2010 -64.554
  2009 -55.803
  2008 -16.21
  2007 13.278
  2006 17.078
  2005 15.472
  2004 10.813
  2003 8.528
  2002 2.335
  2001 0.964
  2000 9.005
  1999 5.961
  1998 1.108
  1997 0.7
  1996 -4.433
  1995 -10.277
  1994 -15.45
  1993 -18.328
  1992 -16.531
  1991 -8.532
  1990 -1.145
  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