Estonia recorded a government budget surplus of 54.63 EUR Million in November of 2019. Estonia Government Budget Value - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Government Budget Value in Estonia averaged 1.21 EUR Million from 1993 until 2019, reaching an all time high of 289.24 EUR Million in January of 2010 and a record low of -450.14 EUR Million in August of 2012. This page provides - Estonia Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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
54.63 3.63 289.24 -450.14 1993 - 2019 EUR Million Monthly
Current Prices, NSA

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.