Georgia General Government Structural Balance (National Currency) Statistics

15, Nov 2019, EST.

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Country or Region: Georgia › Change country
Economic Indicator: General Government Structural Balance (National Currency) › See all Georgia 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: Lari
Currency Symbol: GEL

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 Latest actual data: 2014 Start/end months of reporting year: January/December GFS Manual used: Government Finance Statistics Manual (GFSM) 2001 Basis of recording: Cash General government includes: Central Government;Local Government; Valuation of public debt: Nominal value Primary domestic currency: Georgian lari Data last updated: 03/2016

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

General Government Structural Balance (National Currency) for Georgia is GEL -0.08 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 Georgia was GEL -0.37 Billion General Government Structural Balance (National Currency) for Georgia in 2015 was or will be 78.38% less than it was or will be in 2014.

In the following or forecasted year, 2016, General Government Structural Balance (National Currency) for Georgia was or will be GEL 0.04 Billion, which is 151.25% more than the 2015 figure.

* Source: IMF
General Government Structural Balance (National Currency) for Georgia, in other Years
Year Billion
  2021 -0.869
  2020 -0.423
  2019 -0.238
  2018 -0.174
  2017 -0.143
  2016 0.041
2015 -0.08
  2014 -0.37
  2013 -0.037
  2012 -0.424
  2011 -0.257
  2010 -0.767
  2009 -1.365
  2008 -0.637
  2007 -0.242
  2006 0.396
  2005 0.299
  2004 0.484
  2003 n/a
  2002 n/a
  2001 n/a
  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