Taiwan (Taiwan Province of China) General Government Structural Balance (% Potential GDP) Statistics

13, Nov 2019, EST.

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Country or Region: Taiwan (Taiwan Province of China) › Change country
Economic Indicator: General Government Structural Balance (% Potential GDP) › See all Taiwan 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: New Taiwan Dollar
Currency Symbol: TWD

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 Taiwan (Taiwan Province of China), Year 2015 - In Detail

General Government Structural Balance (% Potential GDP) for Taiwan in year 2015 is -2.681 %. 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 Taiwan No. 46 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 %; Taiwan is 1.79 less than the average.

In the previous year, 2014, General Government Structural Balance (% Potential GDP) for Taiwan was -2.92 % General Government Structural Balance (% Potential GDP) for Taiwan in 2015 was or will be 8.31% less than it was or will be in 2014.

In the following or forecasted year, 2016, General Government Structural Balance (% Potential GDP) for Taiwan was or will be -2.28 %, which is 14.81% less than the 2015 figure.

* Source: IMF
General Government Structural Balance (% Potential GDP) for Taiwan, in other Years
Year %
  2021 -1.478
  2020 -1.569
  2019 -1.684
  2018 -1.786
  2017 -1.966
  2016 -2.284
2015 -2.681
  2014 -2.924
  2013 -3.195
  2012 -4.383
  2011 -4.32
  2010 -5.332
  2009 -5.065
  2008 -2.738
  2007 -2.795
  2006 -2.345
  2005 -2.508
  2004 -4.552
  2003 -3.959
  2002 -4.986
  2001 -5.027
  2000 -6.303
  1999 -2.598
  1998 -5.055
  1997 -7.567
  1996 -7.137
  1995 -6.759
  1994 -6.227
  1993 -5.943
  1992 -6.814
  1991 -9.065
  1990 -3.679
  1989 -10.114
  1988 -1.848
  1987 -2.098
  1986 -1.456
  1985 -1.254
  1984 -1.724
  1983 -1.752
  1982 -2.591
  1981 -3.386
  1980 -5.237