World Average General Government Structural Balance (% Potential GDP) Statistics

18, Aug 2019, EDT.

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Country or Region: World Average › Change country
Economic Indicator: General Government Structural Balance (% Potential GDP) › See all World Average 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.

General Government Structural Balance (% Potential GDP) Statistics for World Average , Year 2015 - In Detail

General Government Structural Balance (% Potential GDP) for World Average in year 2015 is -0.89 %. 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 World Average n/a 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 %; World Average is 0.00 more than the average.

In the previous year, 2014, General Government Structural Balance (% Potential GDP) for World Average was -0.96 % General Government Structural Balance (% Potential GDP) for World Average in 2015 was or will be 7.29% less than it was or will be in 2014.

In the following or forecasted year, 2016, General Government Structural Balance (% Potential GDP) for World Average was or will be -0.91 %, which is 2.25% more than the 2015 figure.

* Source: IMF
General Government Structural Balance (% Potential GDP) for World Average, in other Years
Year %
  2021
  2020
  2019 -0.58
  2018 -0.63
  2017 -0.75
  2016 -0.88
2015 -0.89
  2014 -0.93
  2013 -0.96
  2012 -1.05
  2011 -1.15
  2010 -1.38
  2009 -1.53
  2008 -1.07
  2007 -0.58
  2006 -0.47
  2005 -0.44
  2004 -0.61
  2003 -0.72
  2002 -0.87
  2001 -0.74
  2000 -0.66
  1999 -0.28
  1998 -0.34
  1997 -0.33
  1996 -0.32
  1995 -0.46
  1994 -0.35
  1993 -0.36
  1992 -0.36
  1991 -0.35
  1990 -0.27
  1989 -0.33
  1988 -0.23
  1987 -0.14
  1986 -0.15
  1985 -0.14
  1984 -0.12
  1983 -0.15
  1982 -0.12
  1981 -0.18
  1980 -0.07