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Government budget balance

The government budget balance, also referred to as the general government balance, public budget balance, or public fiscal balance, is the difference between government revenues and spending. For a government that uses accrual accounting (rather than cash accounting) the budget balance is calculated using only spending on current operations, with…

Sectoral balances, Overview & Structural deficits, cyclical deficits, and the fiscal gap

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Sectoral balances

Private sector Definition Trade deficit Martin Wolf Paul Krugman

19 related topics

Overview

Revenues Spending Accrual accounting Cash accounting Government budget

31 related topics

Structural deficits, cyclical deficits, and the fiscal gap

Business cycle Unemployment Social security Cyclical deficit Structural deficit

8 related topics

Primary deficit, total deficit, and debt

Taxes Economic trends Unemployment benefits Norway Russia

6 related topics

Topics to explore

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Overview

Revenues Government revenues
Spending Government expenditures
Accrual accounting Accrual accounting in the public sector
Cash accounting
Government budget
Financial year
Real GDP Real gross domestic product
Flow variable
Government debt
Stock variable
Debt-to-GDP ratio
Fiscal policy
Creditors Creditor
Public finances Public finance
COVID-19 pandemic
Soaring inflation Soaring inflation?action=edit&redlink=1
Welfare Welfare spending
Greece
Japan
Interest rates Interest rate
Political economy
Political business cycle
Left-wing parties
Right-wing parties
Progressive tax
Coalition
Economic institutions Economic institution
Dummy variables Dummy variable (statistics)
European monetary union Economic and Monetary Union of the European Union
Oil shocks 1970s energy crisis

Sectoral balances

Private sector
Definition Identity (mathematics)
Trade deficit
Martin Wolf
Paul Krugman
Sectoral analysis
Wynne Godley
Gross Domestic Product
Public deficit
Consumption Consumption (economics)
Investment spending Investment (macroeconomics)
Government spending
Transfer payments Transfer payment
Macroeconomics
Modern Money Theory
Central bank
Government budget deficits Government budget deficit
Aggregate demand
Inflation

Primary balance

Organisation for Economic Co-operation and Development

Primary deficit, total deficit, and debt

Taxes Tax
Economic trends Economic indicator
Unemployment benefits Unemployment benefit
Norway
Russia
Organization of Petroleum Exporting Countries

Structural deficits, cyclical deficits, and the fiscal gap

Early deficits

Bonds Bond (finance)
Rothschild Mayer Amschel Rothschild
Peruzzi family
Money
Consols
Treasury bill

Deficit spending

William Vickrey
Ricardian equivalence
David Ricardo
Crowding-out effect Crowding out (economics)

Determinants of government budget balance

Debts Debt
Stock markets Stock market
Cyclically adjusted balances Cyclically adjusted balances?action=edit&redlink=1

Potential policy solutions for unintended deficits

Advanced semantic analysis

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Map overview Semantic statistics

Government budget balance

Nodes93

Edges92

Triples4

Avg. degree1.98

Density0.021505

Components1

How this topic connects Entity context

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Government budget balance

Top relations

related to United States · 2

Government budget balance → In, United States

is a · 1

Government budget balance → complex and ongoing process that requires careful consideration of a range of factors and potential implications

Important terminology Word statistics

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Important terminology

government budget deficit spending balance deficits debt policy tax inflation fiscal private interest taxes economic surplus also public political increase

Entity relationships Subject–Predicate–Object triples

Subject	Predicate	Object	Confidence	Src
Government budget balance	is a	complex and ongoing process that requires careful consideration of a range of factors and potential implications	0.90	text
unemployment benefits	instance of	while government expenditures often increase during economic downturns because of higher outlays for social insurance programs	0.80	text
Government budget balance	related to United States	In	0.60	section
Government budget balance	related to United States	United States	0.60	section

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