Government Debt to GDP in Estonia increased to 18.20 percent in 2020 from 8.40 percent in 2019. source: EUROSTAT

Government Debt to GDP in Estonia averaged 7.45 percent from 1995 until 2020, reaching an all time high of 18.20 percent in 2020 and a record low of 3.80 percent in 2007. This page provides - Estonia Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Estonia Government Debt to GDP - values, historical data and charts - was last updated on April of 2021.

Government Debt to GDP in Estonia is expected to reach 20.00 percent by the end of 2021, 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 23.00 percent in 2022, according to our econometric models.

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Estonia Government Debt to GDP

Actual Previous Highest Lowest Dates Unit Frequency
18.20 8.40 18.20 3.80 1995 - 2020 percent Yearly

Estonia Government Last Previous Highest Lowest Unit
Government Debt to GDP 18.20 8.40 18.20 3.80 percent [+]
Government Budget -0.30 -0.60 2.90 -3.30 percent of GDP [+]
Government Budget Value -79.20 -468.00 259.00 -468.00 EUR Million [+]
Government Spending 1374.00 1082.57 1374.00 599.64 EUR Million [+]
Government Spending to GDP 39.00 39.10 45.60 33.50 percent [+]
Government Revenues 2892.10 2623.40 3082.20 501.20 EUR Million [+]
Fiscal Expenditure 2971.30 3091.40 3113.70 513.90 EUR Million [+]
Military Expenditure 675.00 607.00 675.00 52.60 USD Million [+]
Credit Rating 83.00 [+]
Asylum Applications 5.00 0.00 45.00 0.00 persons [+]


Estonia Government Debt to GDP
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.