World Average Output Gap, Percent of Potential GDP Statistics

20, Nov 2019, EST.

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Country or Region: World Average › Change country
Economic Indicator: Output Gap, Percent of Potential GDP › See all World Average indicators, › See Output Gap, Percent of 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$

Output gaps for advanced economies are calculated as actual GDP less potential GDP as a percent of potential GDP. Estimates of output gaps are subject to a significant margin of uncertainty.

Output Gap, Percent of Potential GDP Statistics for World Average , Year 2015 - In Detail

Output Gap, Percent of Potential GDP for World Average in year 2015 is -0.23 %. Output gaps for advanced economies are calculated as actual GDP less potential GDP as a percent of potential GDP. Estimates of output gaps are subject to a significant margin of uncertainty.

This makes World Average n/a in world rankings according to Output Gap, Percent of Potential GDP in year 2015. The world's average Output Gap, Percent of Potential GDP value is -0.23 %; World Average is 0.00 more than the average.

In the previous year, 2014, Output Gap, Percent of Potential GDP for World Average was -0.31 % Output Gap, Percent of Potential GDP for World Average in 2015 was or will be 25.81% less than it was or will be in 2014.

In the following or forecasted year, 2016, Output Gap, Percent of Potential GDP for World Average was or will be -0.17 %, which is 26.09% less than the 2015 figure.

* Source: IMF
Output Gap, Percent of Potential GDP for World Average, in other Years
Year %
  2021
  2020
  2019 -0.02
  2018 -0.03
  2017 -0.12
  2016 -0.18
2015 -0.23
  2014 -0.32
  2013 -0.38
  2012 -0.32
  2011 -0.21
  2010 -0.27
  2009 -0.43
  2008 0.35
  2007 0.54
  2006 0.28
  2005 0.08
  2004 0.02
  2003 -0.09
  2002 -0.03
  2001 0.03
  2000 0.12
  1999 0.06
  1998 -0.00
  1997 0.03
  1996 -0.11
  1995 -0.09
  1994 -0.16
  1993 -0.24
  1992 -0.02
  1991 0.07
  1990 0.19
  1989 0.19
  1988 0.07
  1987 -0.06
  1986 -0.12
  1985 -0.13
  1984 -0.16
  1983 -0.24
  1982 -0.20
  1981 -0.03
  1980 0.07