Guatemala

Budget Balance Forecast

-1.97
percent of GDP
Dec 96Dec 98Dec 00Dec 02Dec 04Dec 06Dec 08Dec 10Dec 12Dec 14Dec 16Dec 18Dec 20Dec 22Dec 24Dec 27-6.000-4.000-2.0000.0002.000
  • Guatemala
  • Global Median
Source: IMF

Definition of Budget Balance Forecast

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. The series includes actual historical values for past years and forecast values for the current and the next few years.

Maxinomics LogoThe World's Economic Atlas

TYPE TO BEGIN SEARCHING