Estonia recorded a government debt equivalent to 8.40 percent of the country's Gross Domestic Product in 2018. Estonia Government Debt to GDP - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

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. This page provides - Estonia Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Government Debt to GDP in Estonia is expected to reach 8.30 percent by the end of 2020, 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 2021, according to our econometric models.


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Estonia Government Debt to GDP

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


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.