Lebanon General Government Structural Balance (% Potential GDP) Statistics

13, Nov 2019, EST.

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Country or Region: Lebanon › Change country
Economic Indicator: General Government Structural Balance (% Potential GDP) › See all Lebanon 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: Lebanese Pound
Currency Symbol: LBP

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 Lebanon , Year 2015 - In Detail

General Government Structural Balance (% Potential GDP) for Lebanon in year 2015 is -12.209 %. 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 Lebanon No. 71 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 %; Lebanon is 11.32 less than the average.

In the previous year, 2014, General Government Structural Balance (% Potential GDP) for Lebanon was -13.80 % General Government Structural Balance (% Potential GDP) for Lebanon in 2015 was or will be 11.51% less than it was or will be in 2014.

In the following or forecasted year, 2016, General Government Structural Balance (% Potential GDP) for Lebanon was or will be -13.57 %, which is 11.16% more than the 2015 figure.

* Source: IMF
General Government Structural Balance (% Potential GDP) for Lebanon, in other Years
Year %
  2021 -14.795
  2020 -14.126
  2019 -13.16
  2018 -12.49
  2017 -12.203
  2016 -13.571
2015 -12.209
  2014 -13.797
  2013 -14.267
  2012 -18.238
  2011 -13.289
  2010 -13.785
  2009 -16.168
  2008 -17.267
  2007 -18.708
  2006 -18.198
  2005 -14.082
  2004 -14.386
  2003 -18.221
  2002 -15.601
  2001 -18.216
  2000 -23.77
  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