Fiscal Balance in Estonia
The fiscal balance in Estonia averaged -0.9% of GDP in the decade to 2022, above the Euro Area average of -2.7% of GDP. The fiscal balance in 2022 was -1.0% of GDP. For more fiscal balance information, visit our dedicated page.
Estonia Fiscal Balance Chart
Note: This chart displays Fiscal Balance (% of GDP) for Estonia from 2022 to 2017.
Source: Macrobond.
Estonia Fiscal Balance Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Fiscal Balance (% of GDP) | -0.1 | -5.4 | -2.6 | -1.1 | -2.8 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Estonian fiscal balance projections for the next ten years from a panel of 12 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable fiscal balance forecast available for Estonian fiscal balance.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Estonian fiscal balance projections.
Want to get access to the full dataset of Estonian fiscal balance forecasts? Send an email to info@focus-economics.com.