Estonia Debt to GDP Ratio 1998-2023

Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year.
  • Estonia debt to gdp ratio for 2020 was 23.77%, a 9.72% increase from 2019.
  • Estonia debt to gdp ratio for 2019 was 14.05%, a 0.59% increase from 2018.
  • Estonia debt to gdp ratio for 2018 was 13.46%, a 0.03% increase from 2017.
  • Estonia debt to gdp ratio for 2017 was 13.43%, a 0.65% decline from 2016.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Government Debt as % of GDP
Greece 252.29%
Japan 216.28%
United Kingdom 195.39%
Singapore 153.41%
Spain 141.22%
United States 126.39%
France 123.01%
Belgium 119.43%
Croatia 104.89%
Iceland 100.02%
Austria 99.91%
San Marino 98.35%
Hungary 96.11%
Bahamas 84.45%
Slovak Republic 77.36%
Canada 72.09%
Ireland 71.58%
Australia 69.41%
Uruguay 60.40%
Lithuania 53.28%
South Korea 46.43%
New Zealand 46.33%
Sweden 44.00%
Estonia 23.77%
Switzerland 20.91%
Estonia Debt to GDP Ratio - Historical Data
Year Government Debt as % of GDP Annual Change
2020 23.77% 9.72%
2019 14.05% 0.59%
2018 13.46% 0.03%
2017 13.43% -0.65%
2016 14.07% 0.95%
2015 13.12% -0.83%
2014 13.95% 0.16%
2013 13.80% 0.25%
2012 13.55% 7.56%
2011 5.99% -1.91%
2010 7.90% -0.33%
2009 8.22% 3.17%
2008 5.06% 0.83%
2007 4.23% -0.71%
2006 4.94% -0.24%
2005 5.18% -0.09%
2004 5.27% 0.41%
2003 4.86% 0.43%
2002 4.43% 0.62%
2001 3.81% -0.26%
2000 4.07% -3.77%
1999 7.84% 0.93%
1998 6.91% 0.93%