Budget balance — all countries

Budget balance — Slovakia

Budget balance in Slovakia in 2031 — -5.4%. Ranked 162 in the world out of 188. Since 1995, the indicator has fallen by 2 pp.

2031 -5.4% −0.1 pp vs 2030
World rank 162of 188
Period maximum -1%2017
Period minimum -12.7%2000

Trend over time

1995–2031 · % of GDP

Budget balance — Slovakia, 1995–2031-15-10-5019951999200320072011201520192023202720311995: -3.4%1996: -9.7%1997: -6.2%1998: -5.4%1999: -7.3%2000: -12.7%2001: -7.7%2002: -8.4%2003: -2.3%2004: -2.4%2005: -2.9%2006: -3.6%2007: -2.3%2008: -2.5%2009: -8.2%2010: -7.4%2011: -4.4%2012: -4.4%2013: -2.9%2014: -3.2%2015: -2.8%2016: -2.6%2017: -1%2018: -1%2019: -1.2%2020: -5.3%2021: -5.1%2022: -1.6%2023: -5.3%2024: -5.5%2025: -5%2026: -4.4%2027: -5%2028: -5.1%2029: -5.1%2030: -5.3%2031: -5.4%
Change over the period: −2 pp Annual average: -0.06 pp

Comparison, 2031

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

Slovakia -5.4%
World computed -4.85%
Europe & Central Asia computed -2.49%
Eastern Europe computed -3.65%
High-income countries computed -4.26%
Budget balance — Slovakia, by year Slovakia All countries CSV XLSX
Year % Change, pp
2031 -5.4 −0.1 pp
2030 -5.3 −0.2 pp
2029 -5.1 +0 pp
2028 -5.1 −0.1 pp
2027 -5 −0.6 pp
2026 -4.4 +0.6 pp
2025 -5 +0.5 pp
2024 -5.5 −0.2 pp
2023 -5.3 −3.7 pp
2022 -1.6 +3.5 pp
2021 -5.1 +0.2 pp
2020 -5.3 −4.1 pp
2019 -1.2 −0.2 pp
2018 -1 +0 pp
2017 -1 +1.6 pp
2016 -2.6 +0.2 pp
2015 -2.8 +0.4 pp
2014 -3.2 −0.3 pp
2013 -2.9 +1.5 pp
2012 -4.4 +0 pp
2011 -4.4 +3 pp
2010 -7.4 +0.8 pp
2009 -8.2 −5.7 pp
2008 -2.5 −0.2 pp
2007 -2.3 +1.3 pp
2006 -3.6 −0.7 pp
2005 -2.9 −0.5 pp
2004 -2.4 −0.1 pp
2003 -2.3 +6.1 pp
2002 -8.4 −0.7 pp
2001 -7.7 +5 pp
2000 -12.7 −5.4 pp
1999 -7.3 −1.9 pp
1998 -5.4 +0.8 pp
1997 -6.2 +3.5 pp
1996 -9.7 −6.3 pp
1995 -3.4

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.