Chile General Government Structural Balance (% Potential GDP) Statistics

13, Nov 2019, EST.

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

Country or Region: Chile › Change country
Economic Indicator: General Government Structural Balance (% Potential GDP) › See all Chile 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: Chilean Peso
Currency Symbol: CLP

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 Chile , Year 2015 - In Detail

General Government Structural Balance (% Potential GDP) for Chile in year 2015 is -2.033 %. 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 Chile No. 34 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 %; Chile is 1.14 less than the average.

In the previous year, 2014, General Government Structural Balance (% Potential GDP) for Chile was -1.46 % General Government Structural Balance (% Potential GDP) for Chile in 2015 was or will be 38.87% more than it was or will be in 2014.

In the following or forecasted year, 2016, General Government Structural Balance (% Potential GDP) for Chile was or will be -2.33 %, which is 14.36% more than the 2015 figure.

* Source: IMF
General Government Structural Balance (% Potential GDP) for Chile, in other Years
Year %
  2021 -0.623
  2020 -0.633
  2019 -0.701
  2018 -1.167
  2017 -1.767
  2016 -2.325
2015 -2.033
  2014 -1.464
  2013 -1.026
  2012 -0.13
  2011 -1.046
  2010 -2.455
  2009 -4.27
  2008 -1.515
  2007 0.536
  2006 0.813
  2005 0.485
  2004 0.511
  2003 0.536
  2002 0.318
  2001 0.659
  2000 n/a
  1999 n/a
  1998 n/a
  1997 n/a
  1996 n/a
  1995 n/a
  1994 n/a
  1993 n/a
  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