Latvia General Government Structural Balance (National Currency) Statistics

06, Dec 2019, EST.

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Country or Region: Latvia › Change country
Economic Indicator: General Government Structural Balance (National Currency) › See all Latvia 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: Lats
Currency Symbol: LVL

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: 2015 Start/end months of reporting year: January/December GFS Manual used: NAS Basis of recording: Cash General government includes: Central Government;Local Government;Social Security Funds;Nonfinancial Public Corporation; Valuation of public debt: Nominal value Primary domestic currency: Euro Data last updated: 03/2016

General Government Structural Balance (National Currency) Statistics for Latvia , Year 2015 - In Detail

General Government Structural Balance (National Currency) for Latvia is LVL -0.342 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 Latvia was LVL -0.36 Billion General Government Structural Balance (National Currency) for Latvia in 2015 was or will be 6.04% less than it was or will be in 2014.

In the following or forecasted year, 2016, General Government Structural Balance (National Currency) for Latvia was or will be LVL -0.28 Billion, which is 17.84% more than the 2015 figure.

* Source: IMF
General Government Structural Balance (National Currency) for Latvia, in other Years
Year Billion
  2021 -0.126
  2020 -0.106
  2019 -0.105
  2018 -0.037
  2017 -0.388
  2016 -0.281
2015 -0.342
  2014 -0.364
  2013 -0.22
  2012 0.186
  2011 -0.325
  2010 -0.515
  2009 -0.496
  2008 -1.02
  2007 -0.216
  2006 -0.234
  2005 -0.162
  2004 -0.122
  2003 -0.086
  2002 n/a
  2001 n/a
  2000 n/a
  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