Estonia recorded a government budget deficit of 424.30 EUR Million in the first quarter of 2020.

Government Budget Value in Estonia averaged 0.75 EUR Million from 2000 until 2020, reaching an all time high of 259 EUR Million in the third quarter of 2007 and a record low of -424.30 EUR Million in the first quarter of 2020. This page provides - Estonia Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news. Estonia Government Budget Value - values, historical data and charts - was last updated on September of 2020.

Government Budget Value in Estonia is expected to be 15.93 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Budget Value in Estonia to stand at 14.81 in 12 months time. In the long-term, the Estonia Government Budget Value is projected to trend around 14.78 EUR Million in 2021, according to our econometric models.

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Estonia Government Budget Value

Actual Previous Highest Lowest Dates Unit Frequency
-424.30 -69.30 259.00 -424.30 2000 - 2020 EUR Million Quarterly
Current Prices, NSA

Estonia Government Last Previous Highest Lowest Unit
Government Debt to GDP 8.40 8.40 10.60 3.80 percent [+]
Government Budget -0.30 -0.60 2.90 -3.30 percent of GDP [+]
Government Budget Value -424.30 -69.30 259.00 -424.30 EUR Million [+]
Government Spending 1109.77 1045.77 1315.19 599.64 EUR Million [+]
Government Spending to GDP 39.00 39.10 45.60 33.50 percent [+]
Government Revenues 2246.90 3034.40 3034.40 501.20 EUR Million [+]
Fiscal Expenditure 2671.10 3103.70 3103.70 513.90 EUR Million [+]
Military Expenditure 571.00 537.00 571.00 48.40 USD Million [+]
Credit Rating 83.00 [+]
Asylum Applications 0.00 0.00 45.00 0.00 persons [+]


Estonia Government Budget Value
The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues.