29, Sep 2020, EDT.

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Country or Region: Mexico › Change country
Economic Indicator: General Government Structural Balance (National Currency) › See all Mexico 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: New Mexican Peso
Currency Symbol: MXN

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 Fiscal assumptions: Fiscal projections for 2015 are broadly in line with the approved budget; projections for 2016 onward assume compliance with rules established in the Fiscal Responsibility Law. Start/end months of reporting year: January/December GFS Manual used: Government Finance Statistics Manual (GFSM) 2001. Currently the Mexico team is submitting data to WEO using GFSM2001 classification by doing some in-house adjustments with the help of STA. This classification is also used to present fiscal tables in the Art IV reports (in addition to standard tables used for discussion with Mexican authorities). However, Mexican authorities are not yet reporting public finance data using the GFSM2001 manual. Thus, accrual data are

General Government Structural Balance (National Currency) for Mexico is MXN -745.279 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 Mexico was MXN -820.55 Billion General Government Structural Balance (National Currency) for Mexico in 2015 was or will be 9.17% less than it was or will be in 2014.

In the following or forecasted year, 2016, General Government Structural Balance (National Currency) for Mexico was or will be MXN -943.29 Billion, which is 26.57% more than the 2015 figure.