Slovakia recorded a Government Budget deficit equal to 5.20 percent of the country's Gross Domestic Product in 2023. Government Budget in Slovakia averaged -4.58 percent of GDP from 1995 until 2023, reaching an all time high of -1.00 percent of GDP in 2017 and a record low of -12.60 percent of GDP in 2000. source: Statistical Office of the Slovak Republic
Government Budget in Slovakia is expected to reach -5.70 percent of GDP by the end of 2024, according to Trading Economics global macro models and analysts expectations. In the long-term, the Slovakia Government Budget is projected to trend around -4.50 percent of GDP in 2025 and -4.60 percent of GDP in 2026, according to our econometric models.