Greece General Government Structural Balance (National Currency) Statistics

11, Dec 2019, EST.

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Country or Region: Greece › Change country
Economic Indicator: General Government Structural Balance (National Currency) › See all Greece 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: Euro
Currency Symbol: EUR

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 Fiscal assumptions: For 2015, data reflects the IMF staff's preliminary estimates of the fiscal outturn, which are subject to revision, given high uncertainty regarding potentially significant accrual adjustments. Fiscal projections are not available at this time, given ongoing negotiations with the authorities and European partners on the fiscal targets and underlying fiscal measures that could be included in a potential new adjustment program. Start/end months of reporting year: January/December GFS Manual used: Government Finance Statistics Manual (GFSM) 1986 Basis of recording: Accrual. Data in line with ESA-2010. General government includes: Central Government;Local Government;Social Security Funds; Valuation of public d

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

General Government Structural Balance (National Currency) for Greece is EUR -2.015 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 Greece was EUR -4.55 Billion General Government Structural Balance (National Currency) for Greece in 2015 was or will be 55.75% less than it was or will be in 2014.

* Source: IMF
General Government Structural Balance (National Currency) for Greece, in other Years
Year Billion
  2021 n/a
  2020 n/a
  2019 n/a
  2018 n/a
  2017 n/a
  2016 n/a
2015 -2.015
  2014 -4.554
  2013 -1.946
  2012 -4.968
  2011 -18.102
  2010 -26.455
  2009 -41.16
  2008 -30.289
  2007 -21.994
  2006 -17.032
  2005 -12.608
  2004 -15.201
  2003 -10.466
  2002 -5.695
  2001 -4.71
  2000 -2.905
  1999 -2.136
  1998 -3.433
  1997 -5.53
  1996 -5.576
  1995 -5.407
  1994 -6.755
  1993 -8.268
  1992 -7.393
  1991 -5.9
  1990 -6.329
  1989 -4.816
  1988 -3.081
  1987 n/a
  1986 n/a
  1985 n/a
  1984 n/a
  1983 n/a
  1982 n/a
  1981 n/a
  1980 n/a