| ____
|
Select Variable
| GDP, constant prices *
Natl currency |
| | GDP, constant prices
Annual % chg
| | GDP, current prices *
Natl currency |
| | GDP, current prices
U.S. $s |
| | GDP, deflator
Index, 2000=100
| | GDP per capita, constant pri
Natl currency
| | GDP per capita, current pric
Natl currency
| | GDP per capita, current pric
U.S. $s
| | Output gap in percent of pot
% of potential GDP
| | GDP based on PPP valuation o
Current intl $ |
| | GDP based on PPP per capita
Current intl $
| | GDP based on PPP share of wo
%
| | Implied PPP conversion rate
Natl currency/$
| | Investment
% of GDP
| | Gross national savings
% of GDP
| | Inflation, average consumer
Index, 2000=100
| | Inflation, average consumer
Annual % chg
| | Inflation, end of period con
Index, 2000=100
| | Inflation, end of period con *
Annual % chg
| | Six-month London interbank o
%
| | Unemployment rate
% of total labor force
| | Employment
Index, 2000=100
| | Population
Persons |
| | Govt balance
Natl currency |
| | Govt balance *
% of GDP
| | Govt structural balance
Natl currency |
| | Govt structural balance
% of potential GDP
| | Govt net debt
Natl currency |
| | Govt net debt *
% of GDP
| | Govt gross debt
Natl currency |
| | Govt gross debt
% of GDP
| | Current account balance
U.S. $s |
| | Current account balance
% of GDP | |
*_popular_variable.
| ____
|
Select Country
| ____
|
Govt structural balance
GGSB
National currency | Billions 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. Moreover, it is important to note that changes in structural budget balances are not necessarily attributable to policy changes but may reflect the built-in momentum of existing expenditure programs. In the period beyond that for which specific consolidation programs exist, it is assumed that the structural deficit remains unchanged.
* Asterisk means observation is an IMF forecast
| | cntry code | variable cd | country |
data for
all years
| 1980
| 1981
| 1982
| 1983
| 1984
| 1985
| 1986
| 1987
| 1988
| 1989
| 1990
| 1991
| 1992
| 1993
| 1994
| 1995
| 1996
| 1997
| 1998
| 1999
| 2000
| 2001
| 2002
| 2003
| 2004
| 2005
| 2006
| 2007
| 2008
| 2009
| | 8 | AUS | 193 | GGSB |
Australia National currency | Billions | obs : 30, 1980-2006 | -2.398 | -2.454 | -3.010 | -4.499 | -7.132 | -8.183 | -6.235 | -2.591 | 0.3210 | -0.1390 | -2.043 | -8.417 | -14.27 | -14.96 | -14.31 | -10.52 | -4.651 | -0.0070 | 0.5840 | 5.629 | 10.45 | 7.353 | 8.489 | 11.95 | 16.24 | 22.72 | 16.92 | 9.156* | 10.50* | 12.21* |
| 9 | AUT | 122 | GGSB |
Austria National currency | Billions | obs : 30, 1980-2007 | -1.502 | -0.6960 | -2.112 | 3.416 | -1.221 | -1.295 | -2.915 | -4.467 | -3.004 | -3.985 | -4.511 | -5.659 | -3.984 | -5.851 | -7.700 | -9.920 | -7.560 | -3.557 | -4.749 | -5.740 | -7.240 | -2.273 | -1.147 | -2.071 | -1.911 | -2.705 | -3.690 | -3.014 | -2.451* | -2.262* |
| 16 | BEL | 124 | GGSB |
Belgium National currency | Billions | obs : 29, 1981-2007 | | -14.43 | -12.34 | -15.77 | -12.60 | -12.43 | -12.84 | -10.42 | -10.38 | -11.92 | -13.69 | -15.19 | -16.45 | -12.48 | -9.236 | -9.002 | -7.866 | -4.580 | -1.738 | -1.825 | -1.214 | -1.103 | -0.5130 | -2.858 | -1.599 | 1.077 | -0.3480 | -0.2410 | -0.1380* | -0.0810* |
| 30 | CAN | 156 | GGSB |
Canada National currency | Billions | obs : 30, 1980-2007 | -15.90 | -14.29 | -18.68 | -23.83 | -29.98 | -40.80 | -35.54 | -32.74 | -35.48 | -39.84 | -45.75 | -50.12 | -53.41 | -52.82 | -50.23 | -42.93 | -16.66 | 5.798 | 4.258 | 12.91 | 20.94 | 4.549 | -1.883 | 2.967 | 12.01 | 20.76 | 12.77 | 12.81 | 8.177* | 12.93* |
| 45 | DNK | 128 | GGSB |
Denmark National currency | Billions | obs : 24, 1986-2006 | | | | | | | 8.925 | 7.565 | 9.802 | 5.287 | -6.338 | -15.07 | -9.897 | -17.69 | -11.11 | -21.94 | -23.52 | -12.17 | -13.81 | 1.693 | 15.13 | 14.54 | 5.315 | 7.601 | 10.50 | 33.01 | 56.90 | 57.78* | 53.41* | 45.96* |
| 57 | FIN | 172 | GGSB |
Finland National currency | Billions | obs : 30, 1980-2007 | -0.9040 | 0.0870 | -0.3760 | -1.351 | -0.6280 | -0.7090 | -0.4240 | -2.235 | -0.6300 | -0.6890 | -2.018 | -3.508 | -2.793 | -2.849 | -2.047 | -2.871 | -0.5660 | 0.1510 | 2.470 | 2.434 | 8.677 | 6.726 | 6.481 | 4.619 | 4.177 | 5.829 | 6.975 | 9.492 | 8.929* | 9.976* |
| 58 | FRA | 132 | GGSB |
France National currency | Billions | obs : 30, 1980-2007 | -5.406 | -15.74 | -20.94 | -17.77 | -19.16 | -19.46 | -22.20 | -12.84 | -26.37 | -29.12 | -37.68 | -37.87 | -51.21 | -55.69 | -47.44 | -50.77 | -29.35 | -21.95 | -31.29 | -27.21 | -35.84 | -35.85 | -53.20 | -61.24 | -57.66 | -53.51 | -40.89 | -37.13 | -39.42* | -36.53* |
| 62 | DEU | 134 | GGSB |
Germany National currency | Billions | obs : 30, 1980-2006 | -27.09 | -37.68 | -26.76 | -16.17 | -13.87 | -7.276 | -9.984 | -17.11 | -21.56 | -1.191 | -34.04 | -61.49 | -29.84 | -32.03 | -26.95 | -49.62 | -48.23 | -31.84 | -26.38 | -19.84 | -24.95 | -53.67 | -62.43 | -69.44 | -62.16 | -54.61 | -26.93 | 0.6360* | -15.09* | -2.656* |
| 64 | GRC | 174 | GGSB |
Greece National currency | Billions | obs : 22, 1988-2006 | | | | | | | | | -3.092 | -4.856 | -6.374 | -5.909 | -7.395 | -8.271 | -6.749 | -5.484 | -5.779 | -5.794 | -3.853 | -3.083 | -4.526 | -6.789 | -7.773 | -10.59 | -15.23 | -11.84 | -7.481 | -8.449* | -6.031* | -4.243* |
| 78 | IRL | 178 | GGSB |
Ireland National currency | Billions | obs : 30, 1980-2006 | -1.733 | -1.835 | -2.299 | -1.965 | -2.064 | -2.584 | -3.004 | -2.327 | -1.246 | -0.8200 | -1.699 | -1.246 | -1.204 | -0.5950 | -0.2580 | -1.090 | 0.1850 | 0.5080 | 2.245 | 1.934 | 4.333 | 0.8620 | -0.9200 | 0.4700 | 2.573 | 1.750 | 4.673 | 0.6180* | -1.639* | -2.538* |
| 80 | ITA | 136 | GGSB |
Italy National currency | Billions | obs : 30, 1980-2007 | -19.74 | -29.70 | -32.25 | -33.43 | -41.51 | -50.76 | -52.13 | -55.40 | -62.95 | -65.16 | -84.97 | -90.59 | -83.93 | -74.17 | -70.81 | -64.90 | -62.84 | -21.79 | -25.00 | -16.02 | -31.10 | -48.53 | -52.09 | -46.53 | -51.83 | -58.17 | -49.52 | -31.90 | -38.81* | -37.28* |
| 82 | JPN | 158 | GGSB |
Japan National currency | Billions | obs : 30, 1980-2006 | -10912.90 | -10359.06 | -10423.93 | -10475.12 | -6254.07 | -4621.91 | -3144.84 | 406.12 | 582.16 | 3352.49 | 4286.20 | 3851.25 | 1548.80 | -10964.45 | -16907.39 | -22600.42 | -27581.75 | -22749.71 | -25646.72 | -32936.86 | -37253.78 | -28634.23 | -35228.65 | -35378.63 | -28719.50 | -23791.79 | -18817.72 | -17794.38* | -17406.32* | -16927.19* |
| 116 | NLD | 138 | GGSB |
Netherlands National currency | Billions | obs : 30, 1980-2006 | -8.499 | -6.317 | -5.802 | -4.630 | -5.815 | -3.570 | -6.660 | -7.190 | -5.360 | -10.03 | -13.26 | -6.623 | -9.000 | -1.843 | -3.843 | -7.949 | -0.4740 | -0.3400 | -0.9680 | 0.7800 | 1.540 | -3.789 | -9.403 | -11.08 | -6.358 | -1.021 | 5.653 | 2.014* | 4.380* | 8.055* |
| 117 | NZL | 196 | GGSB |
New Zealand National currency | Billions | obs : 30, 1980-2006 | -0.8410 | -1.239 | -1.454 | -2.027 | -2.324 | -0.9460 | -2.038 | -1.587 | -0.6690 | -0.5140 | -0.4610 | -0.7050 | -0.1130 | 0.6810 | 0.9900 | 1.757 | 1.474 | 1.747 | 1.941 | 1.003 | 1.470 | 2.581 | 4.096 | 5.684 | 7.016 | 8.178 | 7.069 | 6.147* | 5.743* | 4.913* |
| 121 | NOR | 142 | GGSB |
Norway National currency | Billions | obs : 30, 1980-2006 | -7.059 | -9.849 | -13.17 | -15.84 | -16.36 | -14.36 | -10.34 | -12.46 | -17.95 | -31.44 | -39.16 | -53.73 | -60.80 | -58.38 | -51.89 | -39.10 | -31.40 | -28.50 | -42.83 | -37.16 | -26.48 | -12.45 | -41.56 | -69.37 | -55.71 | -50.16 | -43.94 | -49.82* | -63.18* | -72.35* |
| 130 | PRT | 182 | GGSB |
Portugal National currency | Billions | obs : 29, 1981-2006 | | -0.8500 | -0.7650 | -1.132 | -0.7010 | -0.9360 | -2.161 | -2.378 | -1.367 | -1.658 | -4.685 | -5.970 | -4.586 | -5.796 | -5.200 | -3.507 | -3.332 | -2.883 | -3.466 | -4.016 | -5.691 | -7.048 | -6.769 | -7.166 | -7.724 | -8.714 | -5.268 | -4.233* | -3.156* | -1.490* |
| 147 | ESP | 184 | GGSB |
Spain National currency | Billions | obs : 30, 1980-2006 | -4.905 | -3.011 | -11.94 | -9.825 | -10.86 | -16.10 | -13.49 | -8.954 | -13.89 | -17.61 | -19.68 | -23.48 | -19.08 | -19.68 | -21.66 | -22.93 | -21.76 | -14.20 | -15.12 | -6.771 | -7.836 | -5.550 | -1.769 | 0.8410 | 6.181 | 10.99 | 17.92 | 22.18* | 10.61* | 15.83* |
| 155 | SWE | 144 | GGSB |
Sweden National currency | Billions | obs : 17, 1993-2006 | | | | | | | | | | | | | | -112.68 | -115.28 | -122.51 | -39.72 | -9.709 | 29.66 | 4.385 | 40.69 | 23.91 | -39.87 | -16.03 | 4.720 | 37.58 | 39.16 | 87.18* | 83.58* | 89.11* |
| 172 | GBR | 112 | GGSB |
United Kingdom National currency | Billions | obs : 30, 1980-2006 | -9.225 | -7.604 | -1.035 | -5.614 | -7.850 | -4.884 | -6.060 | -6.087 | -0.6940 | -2.577 | -13.55 | -16.84 | -30.05 | -40.47 | -40.36 | -41.20 | -31.49 | -17.08 | 0.4140 | 10.85 | 14.71 | 5.819 | -20.71 | -33.77 | -42.67 | -39.79 | -34.50 | -42.88* | -45.19* | -48.69* |
| 173 | USA | 111 | GGSB |
United States National currency | Billions | obs : 30, 1980-2007 | -174.22 | -50.81 | -86.57 | -133.75 | -167.40 | -206.80 | -235.08 | -210.46 | -206.93 | -215.59 | -271.27 | -262.99 | -333.17 | -295.46 | -239.63 | -207.51 | -152.39 | -76.52 | 0.3550 | 2.509 | 57.70 | -74.04 | -384.09 | -503.32 | -505.20 | -457.01 | -367.41 | -353.19 | -553.41* | -424.13* |
NOTES
| 8 | Australia : | 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. Moreover, it is important to note that changes in structural budget balances are not necessarily attributable to policy changes but may reflect the built-in momentum of existing expenditure programs. In the period beyond that for which specific consolidation programs exist, it is assumed that the structural deficit remains unchanged. GFS Manual Used: Own Country Data Submission Basis of Recording: Cash Includes: Central Government, State Government, Local Government Source: IMF Staff. Australia budget statements are used for historical fiscal calculations Latest actual data: 2006 Notes: Data refer to fiscal years. Latest full year is for fiscal year 2006/2007 (end June). Data exclude commonwealth government privatization receipts. Primary domestic currency: Australian dollars Data last updated: 03/2008
| | 9 | Austria : | 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. Moreover, it is important to note that changes in structural budget balances are not necessarily attributable to policy changes but may reflect the built-in momentum of existing expenditure programs. In the period beyond that for which specific consolidation programs exist, it is assumed that the structural deficit remains unchanged. GFS Manual Used: ESA95 Basis of Recording: Noncash (accrual) Includes: Central Government, State Government, Local Government, Social Security Funds Source: IMF Staff Latest actual data: 2007 Notes: Data exclude one-off receipts from the sale of mobile telephone licenses equivalent to 0.4 percent of GDP in 2000. Primary domestic currency: Euros Data last updated: 03/2008
| | 16 | Belgium : | 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. Moreover, it is important to note that changes in structural budget balances are not necessarily attributable to policy changes but may reflect the built-in momentum of existing expenditure programs. In the period beyond that for which specific consolidation programs exist, it is assumed that the structural deficit remains unchanged. GFS Manual Used: 2001 Basis of Recording: Noncash (accrual) Includes: Central Government, State Government, Local Government, Social Security Funds Source: IMF Staff. Available official information is included in IMF staff calculations Latest actual data: 2007 Notes: Data exclude one-off receipts from the sale of mobile telephone licenses equivalent to 0.2 percent of GDP in 2001. Primary domestic currency: Euros Data last updated: 03/2008
| | 30 | Canada : | 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. Moreover, it is important to note that changes in structural budget balances are not necessarily attributable to policy changes but may reflect the built-in momentum of existing expenditure programs. In the period beyond that for which specific consolidation programs exist, it is assumed that the structural deficit remains unchanged. GFS Manual Used: 2001 Basis of Recording: Noncash (accrual) Includes: Central Government, State Government, Local Government, Social Security Funds, Nonfinancial Public Corporations Source: IMF Staff Latest actual data: 2007 Primary domestic currency: Canadian dollars Data last updated: 03/2008
| | 45 | Denmark : | 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. Moreover, it is important to note that changes in structural budget balances are not necessarily attributable to policy changes but may reflect the built-in momentum of existing expenditure programs. In the period beyond that for which specific consolidation programs exist, it is assumed that the structural deficit remains unchanged. GFS Manual Used: 2001 Basis of Recording: Noncash (accrual) Includes: Central Government, Local Government Source: IMF Staff Latest actual data: 2006 Primary domestic currency: Danish kroner Data last updated: 03/2008
| | 57 | Finland : | 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. Moreover, it is important to note that changes in structural budget balances are not necessarily attributable to policy changes but may reflect the built-in momentum of existing expenditure programs. In the period beyond that for which specific consolidation programs exist, it is assumed that the structural deficit remains unchanged. GFS Manual Used: 2001 Basis of Recording: Noncash (accrual) Includes: Central Government, Local Government, Social Security Funds Source: IMF Staff Latest actual data: 2007 Primary domestic currency: Euros Data last updated: 03/2008
| | 58 | France : | 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. Moreover, it is important to note that changes in structural budget balances are not necessarily attributable to policy changes but may reflect the built-in momentum of existing expenditure programs. In the period beyond that for which specific consolidation programs exist, it is assumed that the structural deficit remains unchanged. GFS Manual Used: 2001 Basis of Recording: Noncash (accrual) Includes: Central Government, Local Government, Social Security Funds Source: IMF Staff Latest actual data: 2007 Notes: Data exclude one-off receipts from the sale of mobile telephone licenses equivalent to 0.1 percent of GDP in 2001 and 2002, and from asset sales sizable asset transactions, in particular 0.5 percent of GDP in 2005. Primary domestic currency: Euros Data last updated: 03/2008
| | 62 | Germany : | 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. Moreover, it is important to note that changes in structural budget balances are not necessarily attributable to policy changes but may reflect the built-in momentum of existing expenditure programs. In the period beyond that for which specific consolidation programs exist, it is assumed that the structural deficit remains unchanged. GFS Manual Used: 2001 Basis of Recording: Noncash (accrual) Includes: Central Government, State Government, Local Government, Social Security Funds, Special Federal Funds Source: Ministry of Finance Latest actual data: 2006 Notes: Data until 1990 refers to German federation only (West Germany). Data from 1991 refer to United Germany. Data exclude one-off receipts from the sale of mobile telephone licenses equivalent to 2.5 percent of GDP in 2000. Primary domestic currency: Euros Data last updated: 04/2008
| | 64 | Greece : | 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. Moreover, it is important to note that changes in structural budget balances are not necessarily attributable to policy changes but may reflect the built-in momentum of existing expenditure programs. In the period beyond that for which specific consolidation programs exist, it is assumed that the structural deficit remains unchanged. GFS Manual Used: 2001 Basis of Recording: Noncash (accrual). Central bank on cash basis. Includes: Central Government, State Government, Local Government, Social Security Funds Source: IMF Staff Latest actual data: 2006 Primary domestic currency: Euros Data last updated: 03/2008
| | 78 | Ireland : | 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. Moreover, it is important to note that changes in structural budget balances are not necessarily attributable to policy changes but may reflect the built-in momentum of existing expenditure programs. In the period beyond that for which specific consolidation programs exist, it is assumed that the structural deficit remains unchanged. GFS Manual Used: 2001 Basis of Recording: Noncash (accrual) Includes: Central Government, State Government, Local Government, Social Security Funds Source: IMF Staff. These series are calculated using General Government Balance and estimates of output gap and the natural rate of unemployment. Latest actual data: 2006 Notes: On a national income accounts basis. Data exclude one-off receipts from the sale of mobile telephone licenses equivalent to 0.2 percent of GDP in 2002 for Ireland. 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. Moreover, it is important to note that changes in structural budget balances are not necessarily attributable to policy changes but may reflect the built-in momentum of existing expenditure programs. In the period beyond that for which specific consolidation programs exist, it is assumed that the structural deficit remains unchanged. Primary domestic currency: Euros Data last updated: 03/2008
| | 80 | Italy : | 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. Moreover, it is important to note that changes in structural budget balances are not necessarily attributable to policy changes but may reflect the built-in momentum of existing expenditure programs. In the period beyond that for which specific consolidation programs exist, it is assumed that the structural deficit remains unchanged. GFS Manual Used: ESA-95 Basis of Recording: Noncash (accrual) Includes: Central Government, Local Government, Social Security Funds Source: Ministry of Finance Latest actual data: 2007 Notes: Data exclude one-off receipts from the sale of mobile telephone licenses equivalent to 1.2 percent of GDP in 2000. Primary domestic currency: Euros Data last updated: 03/2008
| | 82 | Japan : | 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. Moreover, it is important to note that changes in structural budget balances are not necessarily attributable to policy changes but may reflect the built-in momentum of existing expenditure programs. In the period beyond that for which specific consolidation programs exist, it is assumed that the structural deficit remains unchanged. GFS Manual Used: Authorities used GFS 1986 manual in the past, but have not fully moved to 2001 manual. Basis of Recording: Noncash (accrual) Includes: Central Government, Local Government, Social Security Funds, Public Enterprises, Special Accounts Source: IMF Staff Latest actual data: 2006 Notes: Includes social security. Primary domestic currency: Japanese yen Data last updated: 03/2008
| | 116 | Netherlands : | 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. Moreover, it is important to note that changes in structural budget balances are not necessarily attributable to policy changes but may reflect the built-in momentum of existing expenditure programs. In the period beyond that for which specific consolidation programs exist, it is assumed that the structural deficit remains unchanged. GFS Manual Used: 2001 Basis of Recording: Noncash (accrual) Includes: Central Government, State Government, Local Government, Social Security Funds Source: IMF Staff Latest actual data: 2006 Notes: Data exclude one-off receipts from the sale of mobile telephone licenses equivalent to 0.7 percent of GDP in 2000. Primary domestic currency: Euros Data last updated: 03/2008
| | 117 | New Zealand : | 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. Moreover, it is important to note that changes in structural budget balances are not necessarily attributable to policy changes but may reflect the built-in momentum of existing expenditure programs. In the period beyond that for which specific consolidation programs exist, it is assumed that the structural deficit remains unchanged. GFS Manual Used: Own Country Data Submission Basis of Recording: Noncash (accrual) Includes: Central Government Source: Ministry of Finance. New Zealand Treasury Latest actual data: 2006 Notes: Data refer to calendar year. Data include balance of state-owned enterprises, but exclude privatization proceeds. Primary domestic currency: New Zealand dollars Data last updated: 03/2008
| | 121 | Norway : | 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. Moreover, it is important to note that changes in structural budget balances are not necessarily attributable to policy changes but may reflect the built-in momentum of existing expenditure programs. In the period beyond that for which specific consolidation programs exist, it is assumed that the structural deficit remains unchanged. GFS Manual Used: 2001 Basis of Recording: Noncash (accrual) Includes: State Government, Local Government Source: National Statistical Office Latest actual data: 2006 Notes: Data for General Government Structural Balance excludes oil- and gas-related revenues and expenditures. Primary domestic currency: Norwegian kroner Data last updated: 03/2008
| | 130 | Portugal : | 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. Moreover, it is important to note that changes in structural budget balances are not necessarily attributable to policy changes but may reflect the built-in momentum of existing expenditure programs. In the period beyond that for which specific consolidation programs exist, it is assumed that the structural deficit remains unchanged. GFS Manual Used: European GFS, defined by reference to the European System of Accounts 1995 (ESA95). Basis of Recording: Noncash (accrual) Includes: Central Government, Local Government, Social Security Funds Source: IMF Staff Latest actual data: 2006 Notes: Data exclude one-off receipts from the sale of mobile telephone licenses equivalent to 0.3 percent of GDP in 2000. Primary domestic currency: Euro Data last updated: 03/2008
| | 147 | Spain : | 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. Moreover, it is important to note that changes in structural budget balances are not necessarily attributable to policy changes but may reflect the built-in momentum of existing expenditure programs. In the period beyond that for which specific consolidation programs exist, it is assumed that the structural deficit remains unchanged. GFS Manual Used: 2001 Basis of Recording: Noncash (accrual) Includes: Central Government, Local Government, Social Security Funds Source: Ministry of Finance Latest actual data: 2006 Notes: Data exclude one-off receipts from the sale of mobile telephone licenses equivalent to 0.1 percent of GDP in 2000. Primary domestic currency: Euros Data last updated: 03/2008
| | 155 | Sweden : | 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. Moreover, it is important to note that changes in structural budget balances are not necessarily attributable to policy changes but may reflect the built-in momentum of existing expenditure programs. In the period beyond that for which specific consolidation programs exist, it is assumed that the structural deficit remains unchanged. GFS Manual Used: 2001 Basis of Recording: Cash Includes: Central Government, Local Government, Social Security Funds Source: Ministry of Finance Latest actual data: 2006 Primary domestic currency: Swedish kronor Data last updated: 03/2008
| | 172 | United Kingdom : | 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. Moreover, it is important to note that changes in structural budget balances are not necessarily attributable to policy changes but may reflect the built-in momentum of existing expenditure programs. In the period beyond that for which specific consolidation programs exist, it is assumed that the structural deficit remains unchanged. GFS Manual Used: 2001 Basis of Recording: Noncash (accrual) Includes: Central Government, Local Government Source: IMF Staff Latest actual data: 2006 Notes: The computation of the structural fiscal balance is based on IMF staff projections of the output gap. Primary domestic currency: Sterling pounds Data last updated: 03/2008
| | 173 | United States : | 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. Moreover, it is important to note that changes in structural budget balances are not necessarily attributable to policy changes but may reflect the built-in momentum of existing expenditure programs. In the period beyond that for which specific consolidation programs exist, it is assumed that the structural deficit remains unchanged. GFS Manual Used: 2001 Basis of Recording: Noncash (accrual) Includes: Central Government, State Government, Local Government, Social Security Funds Source: IMF Staff. Component series obtained from Haver Analytics. Latest actual data: Entire series estimated by IMF staff. Primary domestic currency: U.S. dollars Data last updated: 03/2008
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