Grenada General Government Structural Balance (% Potential GDP) Statistics

17, Aug 2019, EDT.

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

Country or Region: Grenada › Change country
Economic Indicator: General Government Structural Balance (% Potential GDP) › See all Grenada 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: East Caribbean Dollar
Currency Symbol: CXD

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 Grenada , Year 2015 - In Detail

General Government Structural Balance (% Potential GDP) for Grenada in year 2015 is -1.331 %. 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 Grenada No. 27 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 %; Grenada is 0.44 less than the average.

In the previous year, 2014, General Government Structural Balance (% Potential GDP) for Grenada was -4.08 % General Government Structural Balance (% Potential GDP) for Grenada in 2015 was or will be 67.38% less than it was or will be in 2014.

In the following or forecasted year, 2016, General Government Structural Balance (% Potential GDP) for Grenada was or will be -0.40 %, which is 70.17% less than the 2015 figure.

* Source: IMF
General Government Structural Balance (% Potential GDP) for Grenada, in other Years
Year %
  2021 1.264
  2020 1.108
  2019 0.873
  2018 0.691
  2017 0.108
  2016 -0.397
2015 -1.331
  2014 -4.08
  2013 -5.587
  2012 -4.207
  2011 -4.072
  2010 -2.691
  2009 -4.728
  2008 -6.277
  2007 -8.791
  2006 -6.651
  2005 -2.197
  2004 -0.814
  2003 -4.45
  2002 -13.177
  2001 -5.598
  2000 -3.518
  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