Greece General Government Structural Balance (% Potential GDP) Statistics

22, Nov 2019, EST.

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

Country or Region: Greece › Change country
Economic Indicator: General Government Structural Balance (% Potential GDP) › See all Greece 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: 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. See notes for: General government structural balance (National currency).

General Government Structural Balance (% Potential GDP) Statistics for Greece , Year 2015 - In Detail

General Government Structural Balance (% Potential GDP) for Greece in year 2015 is -1.07 %. 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 Greece No. 22 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 %; Greece is 0.18 less than the average.

In the previous year, 2014, General Government Structural Balance (% Potential GDP) for Greece was -2.38 % General Government Structural Balance (% Potential GDP) for Greece in 2015 was or will be 54.95% less than it was or will be in 2014.

* Source: IMF
General Government Structural Balance (% Potential GDP) for Greece, in other Years
Year %
  2021 n/a
  2020 n/a
  2019 n/a
  2018 n/a
  2017 n/a
  2016 n/a
2015 -1.07
  2014 -2.375
  2013 -0.983
  2012 -2.386
  2011 -8.439
  2010 -12.128
  2009 -18.609
  2008 -13.849
  2007 -10.429
  2006 -8.372
  2005 -6.483
  2004 -8.136
  2003 -5.915
  2002 -3.429
  2001 -3.03
  2000 -2.009
  1999 -1.565
  1998 -2.702
  1997 -4.727
  1996 -5.243
  1995 -5.627
  1994 -7.918
  1993 -11.017
  1992 -11.493
  1991 -10.71
  1990 -13.971
  1989 -13.005
  1988 -9.638
  1987 n/a
  1986 n/a
  1985 n/a
  1984 n/a
  1983 n/a
  1982 n/a
  1981 n/a
  1980 n/a