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China - General government structural balance in current LCU

-3,254 (billion LCU) in 2017

In 2017, general government structural balance for China was -3,254 billion LCU. Though China general government structural balance fluctuated substantially in recent years, it tended to decrease through 1998 - 2017 period ending at -3,254 billion LCU in 2017.

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What is general government structural balance?

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.

What is China general government structural balance?

Date Value Change, %
2017 -3,254 21.90 %
2016 -2,670 53.72 %
2015 -1,737 466.20 %
2014 -307 3.77 %
2013 -296 484.19 %
2012 -51 52.46 %
2011 -33 -79.94 %
2010 -165 -74.02 %
2009 -637 515.98 %
2008 -103 179.76 %
2007 -37 -74.57 %
2006 -145