Italy General Government Structural Balance (% Potential GDP) Statistics

11, Dec 2019, EST.

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Country or Region: Italy › Change country
Economic Indicator: General Government Structural Balance (% Potential GDP) › See all Italy 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 Italy , Year 2015 - In Detail

General Government Structural Balance (% Potential GDP) for Italy in year 2015 is -0.843 %. 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 Italy No. 19 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 %; Italy is 0.05 more than the average.

In the previous year, 2014, General Government Structural Balance (% Potential GDP) for Italy was -1.03 % General Government Structural Balance (% Potential GDP) for Italy in 2015 was or will be 18.39% less than it was or will be in 2014.

In the following or forecasted year, 2016, General Government Structural Balance (% Potential GDP) for Italy was or will be -1.28 %, which is 51.48% more than the 2015 figure.

* Source: IMF
General Government Structural Balance (% Potential GDP) for Italy, in other Years
Year %
  2021 --
  2020 --
  2019 --
  2018 --
  2017 -0.768
  2016 -1.277
2015 -0.843
  2014 -1.033
  2013 -0.571
  2012 -1.552
  2011 -3.894
  2010 -3.746
  2009 -4.226
  2008 -3.826
  2007 -3.08
  2006 -3.95
  2005 -4.606
  2004 -4.622
  2003 -4.521
  2002 -4.044
  2001 -4.119
  2000 -2.493
  1999 -0.837
  1998 -2.401
  1997 -2.753
  1996 -5.349
  1995 -6.141
  1994 -7.972
  1993 -8.765
  1992 -10.447
  1991 -12.022
  1990 -12.425
  1989 -10.412
  1988 -10.938
  1987 n/a
  1986 n/a
  1985 n/a
  1984 n/a
  1983 n/a
  1982 n/a
  1981 n/a
  1980 n/a