Spain General Government Structural Balance (% Potential GDP) Statistics

20, Nov 2019, EST.

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Country or Region: Spain › Change country
Economic Indicator: General Government Structural Balance (% Potential GDP) › See all Spain 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: Euro
Currency Symbol: EUR

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 Spain , Year 2015 - In Detail

General Government Structural Balance (% Potential GDP) for Spain in year 2015 is -2.367 %. 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 Spain No. 40 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 %; Spain is 1.48 less than the average.

In the previous year, 2014, General Government Structural Balance (% Potential GDP) for Spain was -2.46 % General Government Structural Balance (% Potential GDP) for Spain in 2015 was or will be 3.82% less than it was or will be in 2014.

In the following or forecasted year, 2016, General Government Structural Balance (% Potential GDP) for Spain was or will be -1.91 %, which is 19.22% less than the 2015 figure.

* Source: IMF
General Government Structural Balance (% Potential GDP) for Spain, in other Years
Year %
  2021 -1.271
  2020 -1.429
  2019 -1.419
  2018 -1.611
  2017 -1.743
  2016 -1.912
2015 -2.367
  2014 -2.461
  2013 -2.678
  2012 -3.595
  2011 -7.115
  2010 -8.219
  2009 -10.443
  2008 -7.191
  2007 -1.283
  2006 -0.539
  2005 -0.864
  2004 -1.634
  2003 -1.807
  2002 -1.796
  2001 -2.145
  2000 -2.088
  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