India General Government Structural Balance (% Potential GDP) Statistics

18, Oct 2019, EDT.

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Country or Region: India › Change country
Economic Indicator: General Government Structural Balance (% Potential GDP) › See all India 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: Indian Rupee
Currency Symbol: INR

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 India , Year 2015 - In Detail

General Government Structural Balance (% Potential GDP) for India in year 2015 is -7.105 %. 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 India No. 67 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 %; India is 6.22 less than the average.

In the previous year, 2014, General Government Structural Balance (% Potential GDP) for India was -6.94 % General Government Structural Balance (% Potential GDP) for India in 2015 was or will be 2.32% more than it was or will be in 2014.

In the following or forecasted year, 2016, General Government Structural Balance (% Potential GDP) for India was or will be -6.96 %, which is 2.05% less than the 2015 figure.

* Source: IMF
General Government Structural Balance (% Potential GDP) for India, in other Years
Year %
  2021 -5.855
  2020 -5.997
  2019 -6.116
  2018 -6.337
  2017 -6.639
  2016 -6.959
2015 -7.105
  2014 -6.944
  2013 -7.561
  2012 -7.413
  2011 -8.484
  2010 -8.813
  2009 -9.538
  2008 -9.552
  2007 -4.906
  2006 -6.336
  2005 -7.154
  2004 -8.038
  2003 -10.051
  2002 -9.279
  2001 -9.851
  2000 -7.464
  1999 -7.923
  1998 -8.497
  1997 -6.946
  1996 -5.787
  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