Government finance

General government finance statistics cast light on the use of state funds.

In Estonia, the general government sector is divided into three:

  1. central government comprising state budget units and extra-budgetary funds, foundations and legal entities governed by public law;
  2. local governments, i.e. city and rural municipality administrations with their subsidiary units;
  3. social security funds: Estonian Health Insurance Fund and Estonian Unemployment Insurance Fund.

General government finance statistics cover general government financial indicators, such as tax receipts, general government revenue, expenditure and debt.

The statistics provide information on:

  • how much taxes are paid into the state budget and local budgets;
  • what is the budget surplus and deficit of the central government, local governments and social insurance funds;
  • how much the general government has borrowed and how much of this is external debt.

Both public institutions and enterprises need finance statistics. The data are mainly used for making projections and operational planning. Changes in tax receipts also reflect what is happening in the economy in general.

State budget tax revenues 3.14 billion euros
9.8%
3RD QUARTER 2024
Local budgets' tax revenues 482.0 million euros
12.2%
3RD QUARTER 2024
General government consolidated surplus/deficit -203.1 million euros
-638.7%
2ND QUARTER 2024
Central government surplus/deficit -1,038.3 million euros
-135.0%
Local government surplus/deficit -221.1 million euros
-58.8%
Surplus/deficit of social security funds 171.3 million euros
-9.7%
General government consolidated debt 9.16 billion euros
-0.8%
2ND QUARTER 2024
Share of general government consolidated debt in GDP 20.2 %
General government consolidated foreign debt 7.4 billion euros
-1.0%
2ND QUARTER 2024
State budget tax revenues | 2014–2023
Share of general government consolidated debt in GDP | 2019 – 2023
2019 2020 2021 2022 2023
General government consolidated debt, million euros 2,575.9 5,319.9 5,793.8 6,965.0 7,707.7
Share of general government consolidated debt in gross domestic product, % 9.0 19.1 18.4 19.1 20.2