GERMANY GENERAL GOVERNMENT STRUCTURAL BALANCE


THE GENERAL GOVERNMENT STRUCTURAL BALANCE IN GERMANY WAS REPORTED AT -26.54 BILLIONS EUROS IN 2009, ACCORDING TO THE INTERNATIONAL MONETARY FUND (IMF). IN 2015, GERMANY'S GENERAL GOVERNMENT STRUCTURAL BALANCE IS EXPECTED TO BE -46.94 BILLIONS EURO. 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. IN 2009, GERMANY'S ECONOMY SHARE OF WORLD TOTAL GDP, ADJUSTED BY PURCHASING POWER PARITY, WAS 4.03 PERCENT. IN 2015, GERMANY'S SHARE OF WORLD TOTAL GDP IS FORECASTED TO BE 3.44 PERCENT. THIS PAGE INCLUDES A CHART, HISTORICAL DATA AND FORECAST FOR GERMANY'S GENERAL GOVERNMENT STRUCTURAL BALANCE.



 germany general government structural balance imf data




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IMF Data Specifications


CountryGermany
Subject DescriptorGeneral government structural balance
Subject NotesThe 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.
UnitsEuro
ScaleBillions
Country/Series-specific NotesSource: National Statistical Office Latest actual data: 2008 Fiscal period reported: January/December Notes: Germany does not have policy-lending data. GFS Manual Used: 2001 Includes: Central Government; State Government; Local Government; Social Security Funds
Estimates Start After2008
TitleGermany General government structural balance
KeywordsGermany General government structural balance, Germany General government structural balance data,Germany General government structural balance chart,Germany General government structural balance historical data,Germany General government structural balance graph,Germany General government structural balance forecast.