Estonia: Budget balance forecast

* indicates monthly or quarterly data series
 Estonia

Budget balance forecast, percent of GDP

 Latest value -3.87
 Year 2028
 Measure percent
 Data availability 2000 - 2028
 Average -1.17
 Min - Max -5.26 - 2.67
 Source International Monetary Fund
The latest value from 2028 is -3.87 percent, a decline from -3.84 percent in 2027. In comparison, the world average is -2.10 percent, based on data from 82 countries. Historically, the average for Estonia from 2000 to 2028 is -1.17 percent. The minimum value, -5.26 percent, was reached in 2020 while the maximum of 2.67 percent was recorded in 2004. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent data
Estonia - Budget balance forecast - Recent values chart

Historical series
Estonia - Budget balance forecast - historical chart - 2000-2028




Definition: The structural budget balance refers to the general government cyclically adjusted balance adjusted for nonstructural elements beyond the economic cycle. These include temporary financial sector and asset price movements as well as one-off, or temporary, revenue or expenditure items. The cyclically adjusted balance is the fiscal balance adjusted for the effects of the economic cycle. The series includes actual historical values for past years and forecast values for the current and the next few years.

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 Related indicators Latest Reference Measure
 Economic growth forecast 2.00 2028 percent
 Investment forecast 26.74 2028 percent
 Inflation forecast 2.15 2028 percent
 Unemployment rate forecast 6.52 2028 percent
 Budget balance forecast -3.87 2028 percent
 Current account forecast -2.95 2028 percent
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