Mexico General Government Structural Balance (% Potential GDP) Statistics

12, Nov 2019, EST.

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Country or Region: Mexico › Change country
Economic Indicator: General Government Structural Balance (% Potential GDP) › See all Mexico 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: 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. See notes for: General government structural balance (National currency).

General Government Structural Balance (% Potential GDP) Statistics for Mexico , Year 2015 - In Detail

General Government Structural Balance (% Potential GDP) for Mexico in year 2015 is -4.092 %. 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 Mexico No. 57 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 %; Mexico is 3.20 less than the average.

In the previous year, 2014, General Government Structural Balance (% Potential GDP) for Mexico was -4.73 % General Government Structural Balance (% Potential GDP) for Mexico in 2015 was or will be 13.54% less than it was or will be in 2014.

In the following or forecasted year, 2016, General Government Structural Balance (% Potential GDP) for Mexico was or will be -4.83 %, which is 18.04% more than the 2015 figure.

* Source: IMF
General Government Structural Balance (% Potential GDP) for Mexico, in other Years
Year %
  2021 -2.431
  2020 -2.407
  2019 -2.468
  2018 -2.74
  2017 -3.589
  2016 -4.83
2015 -4.092
  2014 -4.733
  2013 -4.26
  2012 -4.517
  2011 -3.925
  2010 -3.554
  2009 -3.656
  2008 -1.478
  2007 -1.364
  2006 -1.056
  2005 -0.849
  2004 -0.548
  2003 -1.506
  2002 -3.184
  2001 -3.094
  2000 -3.581
  1999 -5.954
  1998 -6.267
  1997 -5.34
  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