Slovakia recorded a Government Budget deficit equal to 6.20 percent of the country's Gross Domestic Product in 2020. source: Statistical Office of the Slovak Republic

Government Budget in Slovakia averaged -4.68 percent of GDP from 1995 until 2020, reaching an all time high of -1 percent of GDP in 2017 and a record low of -12.60 percent of GDP in 2000. This page provides - Slovakia Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Slovakia Government Budget - values, historical data and charts - was last updated on May of 2021.

Government Budget in Slovakia is expected to reach -7.10 percent of GDP by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Slovakia Government Budget is projected to trend around -5.00 percent of GDP in 2022 and -4.20 percent of GDP in 2023, according to our econometric models.

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Slovakia Government Budget

Actual Previous Highest Lowest Dates Unit Frequency
-6.20 -1.30 -1.00 -12.60 1995 - 2020 percent of GDP Yearly

Slovakia Government Last Previous Highest Lowest Unit
Government Debt to GDP 60.60 48.20 60.60 21.60 percent [+]
Government Budget -6.20 -1.30 -1.00 -12.60 percent of GDP [+]
Government Budget Value -811.60 -991.50 432.63 -4405.51 EUR Million [+]
Government Spending 4.73 3.85 4.73 2.01 EUR Billion [+]
Government Spending to GDP 42.80 41.80 78.80 36.40 percent [+]
Government Revenues 3223.50 1864.10 16162.02 483.69 EUR Million [+]
Government Debt 52923.00 53268.00 53268.00 12737.00 EUR Million [+]
Fiscal Expenditure 5214.40 3043.40 23509.00 606.36 EUR Million [+]
Military Expenditure 1917.00 1296.00 1917.00 885.00 USD Million [+]
Credit Rating 76.00 [+]
Asylum Applications 30.00 50.00 160.00 0.00 persons [+]


Slovakia Government Budget
Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.