CYPRUS GENERAL GOVERNMENT STRUCTURAL BALANCE


THE GENERAL GOVERNMENT STRUCTURAL BALANCE IN CYPRUS WAS REPORTED AT -0.94 BILLIONS NATIONAL CURRENCY IN 2009, ACCORDING TO THE INTERNATIONAL MONETARY FUND (IMF). 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, CYPRUS'S ECONOMY SHARE OF WORLD TOTAL GDP, ADJUSTED BY PURCHASING POWER PARITY, WAS 0.03 PERCENT. IN 2015, CYPRUS'S SHARE OF WORLD TOTAL GDP IS FORECASTED TO BE 0.03 PERCENT. THIS PAGE INCLUDES A CHART, HISTORICAL DATA AND FORECAST FOR CYPRUS'S GENERAL GOVERNMENT STRUCTURAL BALANCE.



 cyprus general government structural balance imf data
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IMF Data Specifications


CountryCyprus
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.
UnitsNational currency
ScaleBillions
Country/Series-specific NotesSource: Eurostat Latest actual data: 2008 Fiscal period reported: January/December Notes: Expenditure includes ?policy lending? operations GFS Manual Used: 2001 Basis of Recording: Noncash (accrual) Includes: Central Government; Local Government; Social Security Funds; Universities and semi-government organizations
Estimates Start After2008
TitleCyprus General government structural balance
KeywordsCyprus General government structural balance, Cyprus General government structural balance data,Cyprus General government structural balance chart,Cyprus General government structural balance historical data,Cyprus General government structural balance graph,Cyprus General government structural balance forecast.