Estonia Government Debt to GDP

Estonia recorded a government debt equivalent to 9 percent of the country's Gross Domestic Product in 2017. Government Debt to GDP in Estonia averaged 6.84 percent from 1995 until 2017, reaching an all time high of 10.70 percent in 2014 and a record low of 3.70 percent in 2007.

Government Debt to GDP in Estonia is expected to be 7.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Estonia Government Debt to GDP is projected to trend around 7.50 percent in 2020, according to our econometric models.

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Estonia Government	Last	Previous	Highest	Lowest	Unit
Government Debt to GDP	9.00	9.40	10.70	3.70	percent	[+]
Government Budget	-0.30	-0.30	2.90	-3.30	percent of GDP	[+]
Government Budget Value	34.76	12.30	289.24	-450.14	EUR Million	[+]
Government Spending	754.63	892.11	967.98	490.14	EUR Million	[+]
Government Spending to GDP	40.20	40.60	46.10	33.60	percent	[+]
Government Revenues	978.09	834.07	1159.94	17.03	EUR Million	[+]
Fiscal Expenditure	943.32	821.77	1164.34	11.18	EUR Million	[+]
Credit Rating	81.25					[+]
Military Expenditure	509.04	497.65	509.04	46.11	USD Million	[+]
Asylum Applications	30.00	0.00	45.00	0.00	persons	[+]

Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Estonia Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Estonia Government Debt to GDP - actual data, historical chart and calendar of releases - was last updated on January of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	9.00	9.40	10.70	3.70	1995 - 2017	percent	Yearly

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Country	Last		Previous	Range
Japan	253.00	Dec/17	250	253 : 50.6	%
Italy	131.80	Dec/17	132	132 : 90.5	%
Singapore	110.60	Dec/17	112	112 : 67.4	%
United States	105.40	Dec/17	106	119 : 31.7	%
Spain	98.30	Dec/17	99	100 : 16.6	%
France	97.00	Dec/17	96.6	97 : 20.7	%
Canada	89.60	Dec/17	92.4	101 : 45.1	%
Euro Area	86.70	Dec/17	89	91.9 : 64.9	%
United Kingdom	85.30	Dec/17	82.6	85.3 : 21.7	%
Brazil	74.04	Dec/17	69.95	74.04 : 51.27	%
India	68.70	Dec/17	69.6	84.2 : 66	%
Germany	63.90	Dec/17	67.9	81 : 54.7	%
Argentina	57.10	Dec/17	53.3	167 : 34.5	%
Netherlands	56.70	Dec/17	61.8	73.5 : 42.7	%
South Africa	53.10	Dec/17	51.6	53.1 : 27.8	%
China	47.60	Dec/17	44.3	47.6 : 20.4	%
Mexico	46.40	Dec/17	48.2	48.2 : 17.1	%
Australia	41.90	Dec/17	41	41.9 : 9.7	%
South Korea	38.00	Dec/17	38.3	38.3 : 8.24	%
Switzerland	29.70	Dec/17	29.1	48.9 : 25.1	%
Indonesia	28.70	Dec/17	27.9	87.43 : 22.96	%
Turkey	28.30	Dec/17	28.3	76.1 : 27.6	%
Saudi Arabia	17.20	Dec/17	13.1	104 : 1.6	%
Russia	13.50	Dec/17	12.9	92.1 : 6.5	%