Paraguay General Government Structural Balance (% Potential GDP) Statistics

11, Nov 2019, EST.

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Country or Region: Paraguay › Change country
Economic Indicator: General Government Structural Balance (% Potential GDP) › See all Paraguay 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: Guarani
Currency Symbol: PYG

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 Paraguay , Year 2015 - In Detail

General Government Structural Balance (% Potential GDP) for Paraguay in year 2015 is -2.982 %. 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 Paraguay No. 50 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 %; Paraguay is 2.09 less than the average.

In the previous year, 2014, General Government Structural Balance (% Potential GDP) for Paraguay was -1.55 % General Government Structural Balance (% Potential GDP) for Paraguay in 2015 was or will be 91.89% more than it was or will be in 2014.

In the following or forecasted year, 2016, General Government Structural Balance (% Potential GDP) for Paraguay was or will be -2.60 %, which is 12.91% less than the 2015 figure.

* Source: IMF
General Government Structural Balance (% Potential GDP) for Paraguay, in other Years
Year %
  2021 -2.265
  2020 -2.4
  2019 -2.431
  2018 -2.39
  2017 -2.502
  2016 -2.597
2015 -2.982
  2014 -1.554
  2013 -1.988
  2012 -1.491
  2011 1.965
  2010 0.684
  2009 0.11
  2008 2.989
  2007 2.09
  2006 2.275
  2005 1.509
  2004 1.463
  2003 0.737
  2002 -1.431
  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