World Data Atlas Topics Economy Financial Sector » General Government finance

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General government structural balance in current LCU

(billion LCU)

What is general government structural balance?

The structural budget balance refers to the general government cyclically adjusted balance adjusted for nonstructural elements beyond the economic cycle. These include temporary financial sector and asset price movements as well as one-off, or temporary, revenue or expenditure items. The cyclically adjusted balance is the fiscal balance adjusted for the effects of the economic cycle; see, for example, A. Fedelino. A. Ivanova and M. Horton "Computing Cyclically Adjusted Balances and Automatic Stabilizers" IMF Technical Guidance Note No. 5, http://www.imf.org/external/pubs/ft/tnm/2009/tnm0905.pdf.

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Government debt, Government debt (% of GDP), General government net debt, General government net debt (% of GDP), General government total expenditure, General government total expenditure (% of GDP), General government revenue, General government revenue (% of GDP), General government primary net lending/borrowing, General government primary net lending/borrowing (% of GDP), General government net lending/borrowing, General government net lending/borrowing (% of GDP), General government structural balance (% of potential GDP)

General government structural balance in current LCU

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