Finance

Finance

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Minifacts about Estonia 2016 (p. 32)

In 2015, the total revenue in the state budget of Estonia was 7.98 billion euros, including transferrable tax revenues. This was substantially below the planned budget volume, which was 8.45 billion euros. The planned level was not reached mainly because of a smaller sum of grants received. Excluding the grants, the sum of receipts exceeded the planned amount by 155 million euros. The planned expenditure in 2015 was 8.67 billion euros, out of which 8.33 billion were spent in the budget year.

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General government balance continued in surplus

news release no 36

According to the preliminary data of Statistics Estonia, in 2015, the Estonian general government surplus was 0.4% and the gross debt level was 9.7% of the gross domestic product.

Diagram: Surplus/deficit and debt level of the general government in Estonia, 2007–2015

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General government surplus was adjusted

news release no 104

According to the adjusted data of Statistics Estonia, in 2014, the Estonian general government surplus was 0.8% and the gross debt level was 10.4% of the gross domestic product.

Diagram: Surplus/deficit and debt level of the general government in Estonia

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Government finance

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Agnes Naarits
– Eesti statistika aastaraamat. 2015. Statistical Yearbook of Estonia (p. 207)

As at the beginning of 2015, the list of general government units included a total of 2,949 establishments, public-legal units, foundations, and enterprises acting as non-market producers whose economic activities were included in government finance accounting. This number included 322 central government units, 2,625 local government units and 2 social security funds.

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Finance

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Minifacts about Estonia 2015 (p. 32)

In 2014, the total revenue and expenditure in the state budget of Estonia were 7.82 and 7.77 billion euros, respectively. Revenue accounted for 97.5% and expenditure for 95.6% of the planned budget. Revenue was below the planned level mainly due to grants, which accounted for only 73.7% of the planned amount. Expenditure decreased primarily in terms of issued grants and other transfers. In comparison with 2013, budget revenue increased by 3% and expenditure by 0.4%. The budget surplus was 43 million euros.

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