UNITED KINGDOM GENERAL GOVERNMENT STRUCTURAL BALANCE


THE GENERAL GOVERNMENT STRUCTURAL BALANCE IN THE UNITED KINGDOM WAS REPORTED AT -115.74 BILLIONS BRITISH POUND IN 2009, ACCORDING TO THE INTERNATIONAL MONETARY FUND (IMF). IN 2015, THE UNITED KINGDOM'S GENERAL GOVERNMENT STRUCTURAL BALANCE IS EXPECTED TO BE -71.16 BILLIONS BRITISH POUND. 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, THE UNITED KINGDOM'S ECONOMY SHARE OF WORLD TOTAL GDP, ADJUSTED BY PURCHASING POWER PARITY, WAS 3.10 PERCENT. IN 2015, THE UNITED KINGDOM'S SHARE OF WORLD TOTAL GDP IS FORECASTED TO BE 2.81 PERCENT. THIS PAGE INCLUDES A CHART, HISTORICAL DATA AND FORECAST FOR THE UNITED KINGDOM'S GENERAL GOVERNMENT STRUCTURAL BALANCE.



 united kingdom general government structural balance imf data




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IMF Data Specifications


CountryUnited Kingdom
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.
UnitsBritish Pound
ScaleBillions
Country/Series-specific NotesSource: National Statistical Office Latest actual data: 2009 Fiscal period reported: January/December GFS Manual Used: 2001 Basis of Recording: Noncash (accrual) Includes: Central Government
Estimates Start After2009
TitleUnited Kingdom General government structural balance
KeywordsUnited Kingdom General government structural balance, United Kingdom General government structural balance data,United Kingdom General government structural balance chart,United Kingdom General government structural balance historical data,United Kingdom General government structural balance graph,United Kingdom General government structural balance forecast.