Estonia Debt to GDP Ratio 1998-2024

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 2021 was 23.67%, a 0.09% decline from 2020.
  • Estonia debt to gdp ratio for 2020 was 23.76%, a 9.7% 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.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Government Debt as % of GDP
Croatia 687.99%
Greece 237.13%
Japan 217.61%
United Kingdom 186.48%
Singapore 153.80%
Spain 135.82%
United States 120.37%
France 116.55%
Belgium 109.22%
Iceland 96.87%
San Marino 95.12%
Austria 94.32%
Hungary 86.91%
Bahamas 86.19%
Slovak Republic 79.25%
Australia 70.18%
Ireland 65.40%
Canada 64.04%
New Zealand 50.99%
South Korea 49.16%
Lithuania 48.91%
Sweden 40.66%
Estonia 23.67%
Switzerland 20.30%
Estonia Debt to GDP Ratio - Historical Data
Year Government Debt as % of GDP Annual Change
2021 23.67% -0.09%
2020 23.76% 9.70%
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%