Estonia Budget Deficit
General government net lending/borrowing as % of GDP GGXCNL_NGDP
Overview
Estonia's budget deficit stood at -1.50% in 2025, a rise of +0.01% from 2024. The IMF projects -1.50% by 2025. Estonia ranked 53rd globally.
Data & projection
| Year | Budget Deficit | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | -2.79% | - | - |
| 2029* IMF | -2.78% | - | - |
| 2028* IMF | -2.92% | - | - |
| 2027* IMF | -3.79% | - | - |
| 2026* IMF | -4.02% | - | - |
| 2025* IMF | -1.50% | - | - |
| 2025 | -1.50% | +0.01% | #53 |
| 2024 | -1.51% | +1.62% | #124 |
| 2023 | -3.13% | −2.05% | #90 |
| 2022 | -1.08% | +1.49% | #126 |
| 2021 | -2.57% | +2.86% | #127 |
| 2020 | -5.42% | −5.32% | #105 |
| 2019 | -0.11% | +1.04% | #130 |
| 2018 | -1.15% | −0.08% | #108 |
| 2017 | -1.07% | −0.45% | #127 |
| 2016 | -0.62% | −0.38% | #138 |
| 2015 | -0.24% | −0.66% | #161 |
| 2014 | 0.42% | +1.08% | #154 |
| 2013 | -0.66% | +0.19% | #141 |
| 2012 | -0.86% | −0.94% | #127 |
| 2011 | 0.09% | +1.17% | #146 |
Detected Pattern
Analysis
Estonia matched the Export Boom Cycle pattern in 2019. Historically, 71% of countries showing this pattern (546 out of 768) saw budget deficit improve within 24 months. View full analysis →
Frequently Asked Questions
Estonia's budget deficit was -1.50% in 2025. Ranked 53rd globally. This represents a 0.7% increase from the previous year.
Estonia's budget deficit peaked at 2.98% in 1997.
The lowest budget deficit in Estonia was -5.42% in 2020.
Estonia ranks 53rd globally in budget deficit as of 2025.
The World Bank indicator code is GGXCNL_NGDP. Data sourced from IMF WEO.
Estonia's budget deficit is projected to reach -1.50% by 2025 based on IMF projection.
The budget deficit of Estonia in 2025 was -1.50%. This ranks 53rd in the world.
Cite this page
@misc{historysaid_estonia_budget-deficit,
title = {Estonia Budget Deficit},
url = {https://historysaid.com/estonia/budget-deficit},
publisher = {HistorySaid},
year = {2026}
}