structural deficit
A structural deficit is a situation where a government's expenses consistently exceed its revenues over a long period of time, indicating a chronic imbalance in its budget that is not influenced by temporary or cyclical factors.
Requires login.
Related Concepts (1)
Similar Concepts
- budget deficit
- budget deficit ratio
- budget deficits
- current account deficit
- current account deficit/surplus
- cyclical deficit
- federal deficit
- fiscal imbalance
- government budget deficit
- government deficits
- government spending and budget deficits
- revenue shortfall
- structural unemployment
- trade deficit
- trade deficits