Slovak Republic Budget Deficit
General government net lending/borrowing as % of GDP GGXCNL_NGDP
Slovak Republic's budget deficit was -5.20% in 2025, ranked 144th globally. This represents a 1.4% increase from 2024. Data from IMF WEO, covering 1995–2025.
Overview
Slovak Republic's budget deficit stood at -5.20% in 2025, a rise of +0.08% from 2024. The IMF projects -5.20% by 2025. Slovak Republic ranked 144th globally.
The Slovak Republic's budget deficit has exhibited fluctuations over the past three decades, with the latest value standing at -5.20% of GDP, ranking 144th globally. Historically, the budget deficit peaked at -0.98% in 2017, a significant improvement from the all-time trough of -12.69% in 2000. This improvement is comparable to that of North Macedonia, which also witnessed a substantial decline in its budget deficit over the same period. The country's budget deficit has generally trended downward since the early 2000s, a period marked by economic growth and structural reforms. However, the recent decline in the budget deficit has slowed down, with the latest value being slightly higher than that of some peer countries, such as Burundi and Trinidad and Tobago. To continue reducing the budget deficit and improving its fiscal position, the Slovak Republic may need to implement further structural reforms and increase its revenue collection.
Data & projection
| Year | Budget Deficit | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | -5.79% | - | - |
| 2029* IMF | -5.63% | - | - |
| 2028* IMF | -5.52% | - | - |
| 2027* IMF | -5.52% | - | - |
| 2026* IMF | -5.37% | - | - |
| 2025* IMF | -5.20% | - | - |
| 2025 | -5.20% | +0.08% | #144 |
| 2024 | -5.27% | −0.12% | #44 |
| 2023 | -5.15% | −4.00% | #44 |
| 2022 | -1.16% | +3.93% | #123 |
| 2021 | -5.09% | +0.21% | #74 |
| 2020 | -5.30% | −4.09% | #111 |
| 2019 | -1.21% | −0.20% | #109 |
| 2018 | -1.01% | −0.02% | #115 |
| 2017 | -0.99% | +1.61% | #130 |
| 2016 | -2.59% | +0.19% | #93 |
| 2015 | -2.78% | +0.46% | #94 |
| 2014 | -3.25% | −0.38% | #74 |
| 2013 | -2.86% | +1.51% | #83 |
| 2012 | -4.37% | −0.01% | #48 |
| 2011 | -4.36% | +3.09% | #55 |
Detected Pattern
Analysis
Slovak Republic matched the Export Boom Cycle pattern in 2014. Historically, 71% of countries showing this pattern (546 out of 768) saw budget deficit improve within 24 months. View full analysis →
Frequently Asked Questions
Slovak Republic's budget deficit was -5.20% in 2025. Ranked 144th globally. This represents a 1.4% increase from the previous year.
Slovak Republic's budget deficit peaked at -0.99% in 2017.
The lowest budget deficit in Slovak Republic was -12.69% in 2000.
Slovak Republic ranks 144th globally in budget deficit as of 2025.
The World Bank indicator code is GGXCNL_NGDP. Data sourced from IMF WEO.
Slovak Republic's budget deficit is projected to reach -5.20% by 2025 based on IMF projection.
The budget deficit of Slovak Republic in 2025 was -5.20%. This ranks 144th in the world.
Cite this page
@misc{historysaid_slovak-republic_budget-deficit,
title = {Slovak Republic Budget Deficit},
url = {https://historysaid.com/slovak-republic/budget-deficit/},
publisher = {HistorySaid},
year = {2026}
}