Russia (The Russian Federation) General Government Structural Balance (% Potential GDP) Statistics

11, Dec 2019, EST.

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Country or Region: Russia (The Russian Federation) › Change country
Economic Indicator: General Government Structural Balance (% Potential GDP) › See all Russia 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: Russian Rouble
Currency Symbol: RUB

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 Russia (The Russian Federation), Year 2015 - In Detail

General Government Structural Balance (% Potential GDP) for Russia in year 2015 is -2.371 %. 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 Russia No. 41 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 %; Russia is 1.48 less than the average.

In the previous year, 2014, General Government Structural Balance (% Potential GDP) for Russia was -0.22 % General Government Structural Balance (% Potential GDP) for Russia in 2015 was or will be 992.63% more than it was or will be in 2014.

In the following or forecasted year, 2016, General Government Structural Balance (% Potential GDP) for Russia was or will be -4.29 %, which is 80.81% more than the 2015 figure.

* Source: IMF
General Government Structural Balance (% Potential GDP) for Russia, in other Years
Year %
  2021 0.291
  2020 -0.019
  2019 -1.109
  2018 -2.083
  2017 -3.034
  2016 -4.287
2015 -2.371
  2014 -0.217
  2013 -1.63
  2012 -0.054
  2011 1.19
  2010 -3.254
  2009 -5.944
  2008 4.115
  2007 4.492
  2006 7.594
  2005 7.446
  2004 4.354
  2003 1.071
  2002 0.479
  2001 2.31
  2000 2.13
  1999 -3.258
  1998 0
  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