Singapore General Government Structural Balance (% Potential GDP) Statistics

11, Dec 2019, EST.

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Country or Region: Singapore › Change country
Economic Indicator: General Government Structural Balance (% Potential GDP) › See all Singapore 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: Singapore Dollar
Currency Symbol: SGD

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 Singapore , Year 2015 - In Detail

General Government Structural Balance (% Potential GDP) for Singapore in year 2015 is 1.067 %. 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 Singapore No. 4 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 %; Singapore is 1.96 more than the average.

In the previous year, 2014, General Government Structural Balance (% Potential GDP) for Singapore was 3.05 % General Government Structural Balance (% Potential GDP) for Singapore in 2015 was or will be 64.96% less than it was or will be in 2014.

In the following or forecasted year, 2016, General Government Structural Balance (% Potential GDP) for Singapore was or will be 2.07 %, which is 93.53% more than the 2015 figure.

* Source: IMF
General Government Structural Balance (% Potential GDP) for Singapore, in other Years
Year %
  2021 2.285
  2020 2.421
  2019 2.471
  2018 2.308
  2017 2.074
  2016 2.065
2015 1.067
  2014 3.045
  2013 5.22
  2012 7.513
  2011 8.109
  2010 6.301
  2009 0.13
  2008 6.582
  2007 11.827
  2006 6.927
  2005 7.931
  2004 6.101
  2003 6.428
  2002 4.828
  2001 4.314
  2000 8.646
  1999 5.649
  1998 2.51
  1997 8.927
  1996 8.49
  1995 12.211
  1994 14.612
  1993 16.331
  1992 13.74
  1991 9.867
  1990 11.382
  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