South Africa General Government Structural Balance (% Potential GDP) Statistics

11, Dec 2019, EST.

Welcome to the beta version of Econ Stats, the Economic Statistics Database service provided by EconomyWatch.com.

Country or Region: South Africa › Change country
Economic Indicator: General Government Structural Balance (% Potential GDP) › See all South Africa 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: Rand
Currency Symbol: ZAR

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 South Africa , Year 2015 - In Detail

General Government Structural Balance (% Potential GDP) for South Africa in year 2015 is -3.71 %. 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 South Africa No. 56 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 %; South Africa is 2.82 less than the average.

In the previous year, 2014, General Government Structural Balance (% Potential GDP) for South Africa was -3.55 % General Government Structural Balance (% Potential GDP) for South Africa in 2015 was or will be 4.62% more than it was or will be in 2014.

In the following or forecasted year, 2016, General Government Structural Balance (% Potential GDP) for South Africa was or will be -3.18 %, which is 14.34% less than the 2015 figure.

* Source: IMF
General Government Structural Balance (% Potential GDP) for South Africa, in other Years
Year %
  2021 -2.857
  2020 -2.815
  2019 -2.758
  2018 -2.761
  2017 -2.91
  2016 -3.178
2015 -3.71
  2014 -3.546
  2013 -3.9
  2012 -3.94
  2011 -3.578
  2010 -3.533
  2009 -3.046
  2008 -0.719
  2007 0.983
  2006 1.49
  2005 -0.258
  2004 -0.907
  2003 -1.292
  2002 -0.795
  2001 -0.806
  2000 -1.402
  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