Czech Republic General Government Structural Balance (% Potential GDP) Statistics

15, Dec 2019, EST.

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Country or Region: Czech Republic › Change country
Economic Indicator: General Government Structural Balance (% Potential GDP) › See all Czech Republic 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: Czech Koruna
Currency Symbol: CZK

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 Czech Republic , Year 2015 - In Detail

General Government Structural Balance (% Potential GDP) for Czech Republic in year 2015 is -1.802 %. 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 Czech Republic No. 32 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 %; Czech Republic is 0.91 less than the average.

In the previous year, 2014, General Government Structural Balance (% Potential GDP) for Czech Republic was -0.85 % General Government Structural Balance (% Potential GDP) for Czech Republic in 2015 was or will be 111.01% more than it was or will be in 2014.

In the following or forecasted year, 2016, General Government Structural Balance (% Potential GDP) for Czech Republic was or will be -1.81 %, which is 0.28% more than the 2015 figure.

* Source: IMF
General Government Structural Balance (% Potential GDP) for Czech Republic, in other Years
Year %
  2021 -1.038
  2020 -1.135
  2019 -1.234
  2018 -1.276
  2017 -1.575
  2016 -1.807
2015 -1.802
  2014 -0.854
  2013 0.236
  2012 -1.345
  2011 -2.847
  2010 -4.239
  2009 -5.595
  2008 -4.752
  2007 -3.227
  2006 -4.166
  2005 -2.556
  2004 -2.26
  2003 -5.125
  2002 -4.731
  2001 -4.266
  2000 -2.425
  1999 -1.938
  1998 -3.521
  1997 -3.44
  1996 -4.317
  1995 -13.921
  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