07, Aug 2020, EDT.

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Country or Region: Guam › Change country
Economic Indicator: General Government Structural Balance (National Currency) › See all Guam 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: 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. Source: Ministry of Finance or Treasury Latest actual data: 2012 Fiscal assumptions: Consistent with other sectors. 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;Social Security Funds; Valuation of public debt: Nominal value Primary domestic currency: Guyana dollar Data last updated: 03/2016

General Government Structural Balance (National Currency) for Guam is US$ 10.682 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 Guam was US$ -22.99 Billion General Government Structural Balance (National Currency) for Guam in 2015 was or will be 146.46% less than it was or will be in 2014.

In the following or forecasted year, 2016, General Government Structural Balance (National Currency) for Guam was or will be US$ -24.14 Billion, which is 326.03% more than the 2015 figure.