Estonia Government Debt to GDP

Estonia recorded a government debt equivalent to 8.40 percent of the country's Gross Domestic Product in 2018. Government Debt to GDP in Estonia averaged 6.89 percent from 1995 until 2018, reaching an all time high of 10.50 percent in 2014 and a record low of 3.70 percent in 2007.

Government Debt to GDP in Estonia is expected to be 8.50 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 8.60 percent in 2020, according to our econometric models.

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Estonia Government	Last	Previous	Highest	Lowest	Unit
Government Debt to GDP	8.40	9.20	10.50	3.70	percent	[+]
Government Budget	-0.60	-0.40	2.90	-3.30	percent of GDP	[+]
Government Budget Value	54.66	17.24	289.24	-450.14	EUR Million	[+]
Government Spending	1068.07	1049.04	1297.32	599.64	EUR Million	[+]
Government Spending to GDP	39.50	39.30	46.10	33.60	percent	[+]
Government Revenues	875.79	908.44	1159.94	17.03	EUR Million	[+]
Fiscal Expenditure	821.13	891.20	1164.34	11.18	EUR Million	[+]
Credit Rating	81.25					[+]
Military Expenditure	571.00	537.00	571.00	48.40	USD Million	[+]
Asylum Applications	15.00	10.00	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 October of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	8.40	9.20	10.50	3.70	1995 - 2018	percent	Yearly

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Country	Last		Previous	Range
Japan	238.20	Dec/18	238	238 : 50.6	%
Italy	134.80	Dec/18	134	135 : 90.5	%
Singapore	112.20	Dec/18	111	112 : 67.4	%
United States	106.10	Dec/18	105	119 : 31.8	%
France	98.40	Dec/18	98.4	98.4 : 20.7	%
Spain	97.10	Dec/18	98.1	100 : 16.6	%
Canada	89.70	Dec/18	90.1	100 : 44.9	%
Argentina	86.20	Dec/18	56.6	167 : 34.5	%
Euro Area	85.10	Dec/18	87.1	92 : 65	%
United Kingdom	84.70	Dec/18	85.1	85.1 : 21.8	%
Brazil	77.22	Dec/18	74.07	77.22 : 51.27	%
India	68.30	Dec/18	68.9	83.23 : 47.94	%
Germany	60.90	Dec/18	64.5	81.8 : 54.8	%
South Africa	55.80	Dec/18	53.1	55.8 : 27.8	%
Netherlands	52.40	Dec/18	57	73.1 : 43	%
China	50.50	Dec/18	46.8	50.5 : 20.4	%
Mexico	46.00	Dec/18	46	48.2 : 17.9	%
Australia	40.70	Dec/18	40.7	40.7 : 9.7	%
South Korea	36.60	Dec/18	36.3	39.9 : 8.24	%
Turkey	30.40	Dec/18	28.3	76.1 : 27.6	%
Indonesia	29.80	Dec/18	28.7	87.43 : 22.96	%
Switzerland	27.70	Dec/18	29.3	48.9 : 25.1	%
Saudi Arabia	19.10	Dec/18	17.2	104 : 1.6	%
Russia	13.50	Dec/17	12.9	92.1 : 6.5	%