General government budget deficit percent of GDP  General government budget balance, cash (national methodology) General government budget balance (ESA 2010) General government primary balance** General government structural balance***  2010  2011  2012  2013  2014  2015  2016  2017* 2018*  -6.3  -4.2  -2.5  -2.5  -1.7  -1.4  -2.4  -3.0  -3.0  -6.9  -5.4  -3.7  -2.1  -1.4  -0.8  -3.0  -3.0  -3.9  -5.4  -3.8  -1.9  -0.4  0.3  0.9  -1.5  -1.6  -2.3  -5.6  -2.9  -2.4  -0.9  -0.4  -0.3  -2.2  -3.3  -4.3  *) projections for 2017 and 2018 were produced by the Ministry of Public Finance (cash deficit) and the European Commission (AMECO) **) the primary balance is the general government balance (ESA 2010) excluding interest payable ***) the structural balance is the general government balance adjusted for the cyclical component (estimated based on potential output) Source: MPF, European Commission  17  Figure 24. Current account deficit and non-debt-creating capital flows 0  5  -1  0  -2  -5  -3  -10  -4 -5  Source: NBR, NIS  -7 -8 -9 2017f  2016  2015  2014  2012  2011  -10 2010  *) mostly EU structural and investment funds **) direct investment, equity (incl.
Determinants of GDP dynamics 8  contributions, percentage points  percent 8  6  6  4  4  60  percent  50  40 2  2 30  -4  10  actual final consumption net exports of goods and services change in inventories gross fixed capital formation real GDP, annual change (rhs) Source: NIS  2017 H1  -4 2016  20  2015  -2  2014  -2  2013  0  2012  0  0 Intermediate Primary commodities goods January-July 2016  Capital goods  Consumption goods  January-July 2017  Source: NBR 16  Figure 23.