Budget balance — all countries

Budget balance — Estonia

Budget balance in Estonia in 2031 — -3.6%. Ranked 138 in the world out of 188. Since 1995, the indicator has fallen by 3.3 pp.

2031 -3.6% +0 pp vs 2030
World rank 138of 188
Period maximum 3%1997
Period minimum -5.4%2020

Trend over time

1995–2031 · % of GDP

Budget balance — Estonia, 1995–2031-7.5-5-2.502.5519951999200320072011201520192023202720311995: -0.3%1996: -0.9%1997: 3%1998: 0.6%1999: -3.4%2000: -0.1%2001: 0.4%2002: 0.3%2003: 1.7%2004: 2.3%2005: 1.1%2006: 2.7%2007: 2.5%2008: -2.9%2009: -3.4%2010: -1.1%2011: 0.1%2012: -0.9%2013: -0.7%2014: 0.4%2015: -0.2%2016: -0.6%2017: -1.1%2018: -1.1%2019: -0.1%2020: -5.4%2021: -2.6%2022: -1.1%2023: -3.1%2024: -1.5%2025: -1.3%2026: -4.5%2027: -4.5%2028: -4.2%2029: -3.6%2030: -3.6%2031: -3.6%
Change over the period: −3.3 pp Annual average: -0.09 pp

Comparison, 2031

How the value compares with the world and the groups this territory belongs to: Estonia

Estonia -3.6%
World computed -4.85%
Europe & Central Asia computed -2.49%
Northern Europe computed -0.84%
High-income countries computed -4.26%
Budget balance — Estonia, by year Estonia All countries CSV XLSX
Year % Change, pp
2031 -3.6 +0 pp
2030 -3.6 +0 pp
2029 -3.6 +0.6 pp
2028 -4.2 +0.3 pp
2027 -4.5 +0 pp
2026 -4.5 −3.2 pp
2025 -1.3 +0.2 pp
2024 -1.5 +1.6 pp
2023 -3.1 −2 pp
2022 -1.1 +1.5 pp
2021 -2.6 +2.8 pp
2020 -5.4 −5.3 pp
2019 -0.1 +1 pp
2018 -1.1 +0 pp
2017 -1.1 −0.5 pp
2016 -0.6 −0.4 pp
2015 -0.2 −0.6 pp
2014 0.4 +1.1 pp
2013 -0.7 +0.2 pp
2012 -0.9 −1 pp
2011 0.1 +1.2 pp
2010 -1.1 +2.3 pp
2009 -3.4 −0.5 pp
2008 -2.9 −5.4 pp
2007 2.5 −0.2 pp
2006 2.7 +1.6 pp
2005 1.1 −1.2 pp
2004 2.3 +0.6 pp
2003 1.7 +1.4 pp
2002 0.3 −0.1 pp
2001 0.4 +0.5 pp
2000 -0.1 +3.3 pp
1999 -3.4 −4 pp
1998 0.6 −2.4 pp
1997 3 +3.9 pp
1996 -0.9 −0.6 pp
1995 -0.3

About the indicator

Net lending or net borrowing of general government as a percent of GDP — what is commonly called the budget deficit, taken with a plus sign when there is a surplus. General government includes regions, local authorities and extrabudgetary funds, so the quantity is fuller than the balance of the central budget alone. The IMF series runs with a forecast several years ahead.

Important: Negative values are deficits. Accumulated deficits are what government debt is, so the two indicators are worth looking at together: a country can live with a deficit for years and carry a small debt all the same, if its economy grows faster.

Source: World Economic Outlook (IMF), license IMF open data.