NEW ZEALAND GENERAL GOVERNMENT STRUCTURAL BALANCE


THE GENERAL GOVERNMENT STRUCTURAL BALANCE IN NEW ZEALAND WAS REPORTED AT 0.76 BILLIONS NEW ZEALAND DOLLAR 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, NEW ZEALAND'S ECONOMY SHARE OF WORLD TOTAL GDP, ADJUSTED BY PURCHASING POWER PARITY, WAS 0.17 PERCENT. IN 2015, NEW ZEALAND'S SHARE OF WORLD TOTAL GDP IS FORECASTED TO BE 0.15 PERCENT. THIS PAGE INCLUDES A CHART, HISTORICAL DATA AND FORECAST FOR NEW ZEALAND'S GENERAL GOVERNMENT STRUCTURAL BALANCE.



 new zealand general government structural balance imf data
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IMF Data Specifications


CountryNew Zealand
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.
UnitsNew Zealand Dollar
ScaleBillions
Country/Series-specific NotesSource: Ministry of Finance Latest actual data: 2008 GFS Manual Used: 1986 Basis of Recording: Cash Includes: Central Government; Social Security Funds
Estimates Start After2008
TitleNew Zealand General government structural balance
KeywordsNew Zealand General government structural balance, New Zealand General government structural balance data,New Zealand General government structural balance chart,New Zealand General government structural balance historical data,New Zealand General government structural balance graph,New Zealand General government structural balance forecast.