Ecuador General Government Structural Balance (% Potential GDP) Statistics

20, Nov 2019, EST.

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Country or Region: Ecuador › Change country
Economic Indicator: General Government Structural Balance (% Potential GDP) › See all Ecuador 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: US Dollar
Currency Symbol: US$

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 Ecuador , Year 2015 - In Detail

General Government Structural Balance (% Potential GDP) for Ecuador in year 2015 is -4.918 %. 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 Ecuador No. 62 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 %; Ecuador is 4.03 less than the average.

In the previous year, 2014, General Government Structural Balance (% Potential GDP) for Ecuador was -9.74 % General Government Structural Balance (% Potential GDP) for Ecuador in 2015 was or will be 49.49% less than it was or will be in 2014.

In the following or forecasted year, 2016, General Government Structural Balance (% Potential GDP) for Ecuador was or will be -0.60 %, which is 87.82% less than the 2015 figure.

* Source: IMF
General Government Structural Balance (% Potential GDP) for Ecuador, in other Years
Year %
  2021 1.582
  2020 3.602
  2019 2.087
  2018 2.7
  2017 3.928
  2016 -0.599
2015 -4.918
  2014 -9.736
  2013 -8.849
  2012 -3.643
  2011 -2.486
  2010 -2.394
  2009 -3.226
  2008 -3.995
  2007 4.815
  2006 4.607
  2005 2.408
  2004 4.025
  2003 3.835
  2002 3.768
  2001 4.104
  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