08, Aug 2020, EDT.

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Country or Region: Uruguay › Change country
Economic Indicator: General Government Structural Balance (National Currency) › See all Uruguay indicators, › See General Government Structural Balance (National Currency) 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: Uruguayan Peso
Currency Symbol: UYU

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. Source: Ministry of Finance or Treasury Latest actual data: 2014 Notes: Consolidated public sector Start/end months of reporting year: January/December GFS Manual used: Government Finance Statistics Manual (GFSM) 1986 Basis of recording: Accrual General government includes: Central Government;Local Government;Social Security Funds;Monetary Public Corporations, incl. central bank;Nonfinancial Public Corporation; Valuation of public debt: Face value Primary domestic currency: Uruguayan peso Data last updated: 03/2016

General Government Structural Balance (National Currency) for Uruguay is UYU -59.611 Billion. 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.

In the previous year, 2014, General Government Structural Balance (National Currency) for Uruguay was UYU -60.99 Billion General Government Structural Balance (National Currency) for Uruguay in 2015 was or will be 2.27% less than it was or will be in 2014.

In the following or forecasted year, 2016, General Government Structural Balance (National Currency) for Uruguay was or will be UYU -64.50 Billion, which is 8.21% more than the 2015 figure.