United States (US, USA or America) General Government Structural Balance (% Potential GDP) Statistics

19, Aug 2019, EDT.

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Country or Region: United States (US, USA or America) › Change country
Economic Indicator: General Government Structural Balance (% Potential GDP) › See all United States 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: US Dollar
Currency Symbol: US$

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 United States (US, USA or America), Year 2015 - In Detail

General Government Structural Balance (% Potential GDP) for United States in year 2015 is -3.048 %. 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 United States No. 51 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 %; United States is 2.16 less than the average.

In the previous year, 2014, General Government Structural Balance (% Potential GDP) for United States was -3.48 % General Government Structural Balance (% Potential GDP) for United States in 2015 was or will be 12.39% less than it was or will be in 2014.

In the following or forecasted year, 2016, General Government Structural Balance (% Potential GDP) for United States was or will be -3.36 %, which is 10.30% more than the 2015 figure.

* Source: IMF
General Government Structural Balance (% Potential GDP) for United States, in other Years
Year %
  2021 -3.904
  2020 -3.761
  2019 -3.77
  2018 -3.441
  2017 -3.404
  2016 -3.362
2015 -3.048
  2014 -3.479
  2013 -3.959
  2012 -6.145
  2011 -8.072
  2010 -9.449
  2009 -7.592
  2008 -5.876
  2007 -4.005
  2006 -3.177
  2005 -3.851
  2004 -4.664
  2003 -4.641
  2002 -3.551
  2001 -1.381
  2000 n/a
  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