Lithuania General Government Structural Balance (% Potential GDP) Statistics

14, Oct 2019, EDT.

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Country or Region: Lithuania › Change country
Economic Indicator: General Government Structural Balance (% Potential GDP) › See all Lithuania 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: Litas
Currency Symbol: LTL

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 Lithuania , Year 2015 - In Detail

General Government Structural Balance (% Potential GDP) for Lithuania in year 2015 is -0.485 %. 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 Lithuania No. 15 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 %; Lithuania is 0.41 more than the average.

In the previous year, 2014, General Government Structural Balance (% Potential GDP) for Lithuania was -0.82 % General Government Structural Balance (% Potential GDP) for Lithuania in 2015 was or will be 40.78% less than it was or will be in 2014.

In the following or forecasted year, 2016, General Government Structural Balance (% Potential GDP) for Lithuania was or will be -0.66 %, which is 35.67% more than the 2015 figure.

* Source: IMF
General Government Structural Balance (% Potential GDP) for Lithuania, in other Years
Year %
  2021 -0.687
  2020 -0.702
  2019 -0.743
  2018 -0.744
  2017 -0.735
  2016 -0.658
2015 -0.485
  2014 -0.819
  2013 -1.721
  2012 -2.433
  2011 -4.258
  2010 -4.528
  2009 -6.832
  2008 -9.742
  2007 -7.505
  2006 -3.384
  2005 -1.153
  2004 -1.583
  2003 -0.803
  2002 -0.264
  2001 -1.296
  2000 -0.444
  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