Estonia Total Debt: % of GDP

2003 - 2024 | Quarterly | % | CEIC Data

Key information about Estonia Total Debt: % of GDP

  • Estonia Total Debt accounted for 371.0 % of the country's GDP in 2024, compared with the ratio of 371.7 % in the previous quarter.
  • Estonia Total Debt: % of GDP data is updated quarterly, available from Dec 2003 to Sep 2024.
  • The data reached an all-time high of 414.8 % in Dec 2020 and a record low of 249.4 % in Mar 2004.

CEIC calculates quarterly Total Debt as % of Nominal GDP from quarterly Total Debt and quarterly Nominal GDP. Total Debt is calculated as the Total Liabilities less Equity & Investment Fund Shares and Financial Derivatives. The Bank of Estonia provides Total Debt in EUR. The Statistical Office of Estonia provides Nominal GDP in EUR.

View Estonia's Total Debt: % of GDP from Dec 2003 to Sep 2024 in the chart:

Estonia Total Debt: % of GDP

What was Estonia's Total Debt: % of GDP in Sep 2024?

Estonia Total Debt accounted for 371.0 % of the country's GDP in 2024, compared with the ratio of 371.7 % in the previous quarter. See the table below for more data.

Last Previous Min Max Unit Frequency Range
371.0 Sep 2024 371.7 Jun 2024 249.4 Mar 2004 414.8 Dec 2020 % quarterly Dec 2003 - Sep 2024

Total Debt: % of GDP by Country Comparison

country/region Last Frequency Range
Australia (%) 263.6 Sep 2024 quarterly Jun 1988 - Sep 2024
Austria (%) 539.1 Sep 2024 quarterly Mar 1999 - Sep 2024
Belgium (%) 693.1 Sep 2024 quarterly Dec 1998 - Sep 2024
Bulgaria (%) 352.7 2023 yearly 1995 - 2023
Canada (%) 932.0 Sep 2024 quarterly Mar 1990 - Sep 2024
Croatia (%) 430.3 Sep 2024 quarterly Mar 2012 - Sep 2024
Cyprus (%) 1,391.2 2023 yearly 1995 - 2023
Czech Republic (%) 389.6 Sep 2024 quarterly Mar 2008 - Sep 2024
Denmark (%) 833.8 2023 yearly 1994 - 2023
Estonia (%) 371.0 Sep 2024 quarterly Dec 2003 - Sep 2024
European Union (%) 719.1 2022 yearly 2001 - 2022
Finland (%) 647.3 2023 yearly 1995 - 2023
France (%) 942.2 Sep 2024 quarterly Mar 1996 - Sep 2024
Germany (%) 604.7 Sep 2024 quarterly Mar 1999 - Sep 2024
Greece (%) 539.4 Jun 2024 quarterly Dec 1997 - Jun 2024
Hungary (%) 430.6 Sep 2024 quarterly Dec 1995 - Sep 2024
Iceland (%) 690.6 2022 yearly 2003 - 2022
Ireland (%) 964.6 Sep 2024 quarterly Mar 2002 - Sep 2024
Italy (%) 565.5 Sep 2024 quarterly Dec 1995 - Sep 2024
Japan (%) 1,277.2 Sep 2024 quarterly Jun 1998 - Sep 2024
South Korea (%) 703.3 Sep 2024 quarterly Dec 2008 - Sep 2024
Latvia (%) 343.0 Jun 2024 quarterly Mar 2004 - Jun 2024
Lithuania (%) 305.6 Sep 2024 quarterly Dec 1995 - Sep 2024
Luxembourg (%) 7,257.0 Sep 2024 quarterly Dec 1995 - Sep 2024
North Macedonia (%) 335.8 2023 yearly 2013 - 2023
Malta (%) 1,378.7 Sep 2024 quarterly Mar 2004 - Sep 2024
Mexico (%) 109.3 Sep 2024 quarterly Dec 2000 - Sep 2024
Netherlands (%) 973.5 Sep 2024 quarterly Mar 1999 - Sep 2024
New Zealand (%) 594.1 2022 yearly 2006 - 2022
Norway (%) 603.1 Sep 2024 quarterly Dec 1995 - Sep 2024
Poland (%) 290.7 Sep 2024 quarterly Mar 2004 - Sep 2024
Portugal (%) 463.3 Sep 2024 quarterly Dec 1995 - Sep 2024
Romania (%) 238.3 Sep 2024 quarterly Mar 2007 - Sep 2024
Slovakia (%) 373.4 Sep 2024 quarterly Dec 2012 - Sep 2024
Slovenia (%) 324.4 Sep 2024 quarterly Mar 2004 - Sep 2024
Spain (%) 567.9 Jun 2024 quarterly Dec 1995 - Jun 2024
Sweden (%) 774.3 Sep 2024 quarterly Mar 1996 - Sep 2024
Switzerland (%) 934.5 2023 yearly 1999 - 2023
Taiwan (%) 889.1 2023 yearly 2000 - 2023
Turkey (%) 253.2 Sep 2024 quarterly Dec 2014 - Sep 2024
Ukraine (%) 235.5 2021 yearly 2009 - 2021
United Kingdom (%) 871.1 Sep 2024 quarterly Mar 1987 - Sep 2024
United States (%) 722.0 Sep 2024 quarterly Dec 1951 - Sep 2024

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Estonia Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -3.1 Sep 2024 quarterly Dec 1999 - Sep 2024
Consolidated Fiscal Balance (USD mn) -37.473 Sep 2024 quarterly Mar 1999 - Sep 2024
Tax Revenue (USD mn) 2,584.461 Sep 2024 quarterly Mar 1999 - Sep 2024
Tax Revenue: % of GDP (%) 23.4 Sep 2024 quarterly Mar 1999 - Sep 2024
National Government Debt (USD mn) 10,409.2 Sep 2024 quarterly Mar 2000 - Sep 2024
Government Debt: % of GDP (%) 24.0 Sep 2024 quarterly Mar 2000 - Sep 2024
Forecast: Government Expenditure (EUR bn) 21.897 2029 yearly 1995 - 2029
Forecast: Government Net Debt (EUR bn) 18.370 2029 yearly 1995 - 2029
Forecast: Government Revenue (EUR bn) 19.987 2029 yearly 1995 - 2029
General Govt: Con: Expenditure: Net Lending or Borrowing (EUR mn) -34.100 Sep 2024 quarterly Mar 1999 - Sep 2024
General Govt: Consolidated (Con): Revenue (EUR mn) 4,263.000 Sep 2024 quarterly Mar 1999 - Sep 2024
General Govt: Consolidated (Con): Expenditure (EUR mn) 4,297.100 Sep 2024 quarterly Mar 1999 - Sep 2024
General Govt Debt: Consolidated: Gross at Nominal Value (EUR mn) 9,339.800 Sep 2024 quarterly Mar 2000 - Sep 2024
General Government Debt: % of GDP (%) 20.200 2023 yearly 2000 - 2023
State Budget: Tax Revenue: VAT (EUR th) 332,128.735 Dec 2024 monthly Jan 2000 - Dec 2024
State Budget: Tax Revenue: Excise Duty (EUR th) 88,378.370 Dec 2024 monthly Jan 2000 - Dec 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 3.000 2028 yearly 1994 - 2028
Trade Balance (USD mn) -175.9 Nov 2024 monthly Jan 1993 - Nov 2024
Total Exports (USD mn) 1,668.9 Nov 2024 monthly Jan 1993 - Nov 2024
Total Exports Growth (%) 3.3 Nov 2024 monthly Jan 1994 - Nov 2024
Aluminum: Exports (USD th) 18,764.112 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 130,452.030 2023 yearly 1995 - 2023
Exports: Medicinal and Pharmaceutical Product (USD th) 22,465.240 2023 yearly 1995 - 2023
Total Imports (USD mn) 1,844.8 Nov 2024 monthly Jan 1993 - Nov 2024
Total Imports Growth (%) -0.2 Nov 2024 monthly Jan 1994 - Nov 2024
Imports: Medicament (USD th) 589,160.406 2023 yearly 1995 - 2023
Imports: Medicinal and Pharmaceutical Product (USD th) 162,199.657 2023 yearly 1995 - 2023
Total Exports to USA (USD mn) 63.263 Nov 2024 monthly Jan 1992 - Nov 2024
Total Imports from USA (USD mn) 25.631 Nov 2024 monthly Jan 1992 - Nov 2024
Total Exports to China (USD mn) 22.155 Nov 2024 monthly Dec 1997 - Nov 2024
Total Imports from China (USD mn) 57.947 Nov 2024 monthly Jan 2004 - Nov 2024
Exports: Russian Federation (EUR) 34,978,377.000 Nov 2024 monthly Jan 2004 - Nov 2024
Exports: Sweden (EUR) 133,246,615.000 Nov 2024 monthly Jan 2004 - Nov 2024
Exports: Finland (EUR) 238,290,171.000 Nov 2024 monthly Jan 2004 - Nov 2024
Exports: Latvia (EUR) 166,545,965.000 Nov 2024 monthly Jan 2004 - Nov 2024
Exports: Lithuania (EUR) 137,171,258.000 Nov 2024 monthly Jan 2004 - Nov 2024
Imports: Latvia (EUR) 199,971,268.000 Nov 2024 monthly Jan 2004 - Nov 2024
Imports: Germany (EUR) 191,994,826.000 Nov 2024 monthly Jan 2004 - Nov 2024
Imports: Finland (EUR) 234,741,617.000 Nov 2024 monthly Jan 2004 - Nov 2024
Imports: Lithuania (EUR) 166,032,776.000 Nov 2024 monthly Jan 2004 - Nov 2024
Imports: Sweden (EUR) 167,586,018.000 Nov 2024 monthly Jan 2004 - Nov 2024
Export Value Index (2015=100) 167.638 2021 yearly 1995 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 46.0 Nov 2024 monthly Jan 1999 - Nov 2024
Current Account Balance (USD mn) 94.3 Apr 2023 monthly Jan 1999 - Apr 2023
Current Account Balance: % of GDP (%) 0.3 Mar 2023 quarterly Mar 2000 - Mar 2023
Foreign Direct Investment (USD mn) 184.6 Apr 2023 monthly Jan 2008 - Apr 2023
Foreign Direct Investment: % of GDP (%) 5.6 Sep 2024 quarterly Mar 2008 - Sep 2024
Foreign Portfolio Investment (USD mn) 466.911 Sep 2024 quarterly Mar 2008 - Sep 2024
Foreign Portfolio Investment: % of GDP (%) 4.3 Sep 2024 quarterly Mar 2008 - Sep 2024
Foreign Portfolio Investment: Equity Securities (USD mn) -112.6 Sep 2024 quarterly Mar 2008 - Sep 2024
Foreign Portfolio Investment: Debt Securities (USD mn) 579.660 Sep 2024 quarterly Mar 2008 - Sep 2024
External Debt (USD mn) 41,661.3 Sep 2024 quarterly Mar 1996 - Sep 2024
External Debt: % of GDP (%) 89.2 2023 yearly 1996 - 2023
External Debt: Short Term (USD mn) 11,961.0 Sep 2024 quarterly Mar 1996 - Sep 2024
External Debt: Short Term: % of GDP (%) 26.2 2023 yearly 1996 - 2023
Total Debt: % of GDP (%) 371.0 Sep 2024 quarterly Dec 2003 - Sep 2024
Forecast: Current Account Balance (USD bn) -1.545 2029 yearly 1993 - 2029
Net International Investment Position (USD mn) -5,730.090 Sep 2024 quarterly Mar 1996 - Sep 2024
BoP: Financial Account: Direct Investment: Assets (EUR mn) 43.300 Nov 2024 monthly Jan 2008 - Nov 2024
BoP: Financial Account: Direct Investment: Liabilities (EUR mn) 227.600 Nov 2024 monthly Jan 2008 - Nov 2024
BoP: Current Account: Primary Income: Credit (EUR mn) 244.200 Nov 2024 monthly Jan 2008 - Nov 2024
BoP: Current Account: Secondary Income: Credit (EUR mn) 38.000 Nov 2024 monthly Jan 2008 - Nov 2024
BoP: Current Account: Goods (EUR mn) -172.000 Nov 2024 monthly Jan 2008 - Nov 2024
BoP: Current Account: Goods: Credit (EUR mn) 1,581.600 Nov 2024 monthly Jan 2008 - Nov 2024
BoP: Financial Account: Financial Derivatives Other Than Reserves and Employee S... (EUR mn) 3.000 Nov 2024 monthly Jan 2008 - Nov 2024
BoP: Financial Account: Portfolio Investment (EUR mn) 651.400 Nov 2024 monthly Jan 2008 - Nov 2024
BoP: Financial Account: Portfolio Investment: Assets (EUR mn) 685.900 Nov 2024 monthly Jan 2008 - Nov 2024
BoP: Financial Account: Portfolio Investment: Liabilities (EUR mn) 34.500 Nov 2024 monthly Jan 2008 - Nov 2024
BoP: Current Account: Secondary Income: Debit (EUR mn) 78.200 Nov 2024 monthly Jan 2008 - Nov 2024
BoP: Capital Account (EUR mn) 38.000 Nov 2024 monthly Jan 2008 - Nov 2024
BoP: Financial Account: Reserve Assets (EUR mn) 11.500 Nov 2024 monthly Jan 2008 - Nov 2024
BoP: Current Account: Goods: Debit (EUR mn) 1,753.600 Nov 2024 monthly Jan 2008 - Nov 2024
BoP: Current Account: Services: Credit (EUR mn) 1,025.800 Nov 2024 monthly Jan 2008 - Nov 2024
Balance of Payments (BoP): Current Account (EUR mn) -64.800 Nov 2024 monthly Jan 2008 - Nov 2024
BoP: Current Account: Services: Debit (EUR mn) 781.500 Nov 2024 monthly Jan 2008 - Nov 2024
BoP: Current Account: Secondary Income (EUR mn) -40.200 Nov 2024 monthly Jan 2008 - Nov 2024
BoP: Financial Account (EUR mn) -188.500 Nov 2024 monthly Jan 2008 - Nov 2024
BoP: Financial Account: Other Investment: Liabilities (EUR mn) 544.100 Nov 2024 monthly Jan 2008 - Nov 2024
BoP: Current Account: Primary Income (EUR mn) -97.000 Nov 2024 monthly Jan 2008 - Nov 2024
BoP: Current Account: Primary Income: Debit (EUR mn) 341.200 Nov 2024 monthly Jan 2008 - Nov 2024
BoP: Financial Account: Direct Investment (EUR mn) -184.300 Nov 2024 monthly Jan 2008 - Nov 2024
BoP: Financial Account: Other Investment (EUR mn) -670.000 Nov 2024 monthly Jan 2008 - Nov 2024
BoP: Financial Account: Other Investment: Assets (EUR mn) -125.800 Nov 2024 monthly Jan 2008 - Nov 2024
BoP: Current Account: Services (EUR mn) 244.400 Nov 2024 monthly Jan 2008 - Nov 2024
BoP: Financial Account: Portfolio Investment: Liabilities: Debt Securities (EUR mn) -1.200 Nov 2018 monthly Jan 2008 - Nov 2018
IIP: External Liabilities (EUR mn) 73,943.700 Sep 2024 quarterly Mar 1996 - Sep 2024
International Investment Position (IIP): Net (EUR mn) -5,141.400 Sep 2024 quarterly Mar 1996 - Sep 2024
IIP: External Assets (EUR mn) 68,802.300 Sep 2024 quarterly Mar 1996 - Sep 2024
Gross External Debt: General Government: Short Term (EUR mn) 1,465.000 Sep 2024 quarterly Mar 1996 - Sep 2024
Gross External Debt (EUR mn) 37,381.200 Sep 2024 quarterly Mar 1996 - Sep 2024
Gross External Debt: General Government (EUR mn) 9,959.900 Sep 2024 quarterly Mar 1996 - Sep 2024
Gross External Debt: General Government: Long Term (EUR mn) 8,495.000 Sep 2024 quarterly Mar 1996 - Sep 2024
FDI: Flow: Finland (EUR mn) -40.200 Sep 2024 quarterly Mar 1994 - Sep 2024
FDI: Flow: Russian Federation (EUR mn) -18.900 Sep 2024 quarterly Mar 1994 - Sep 2024
FDI: Flow: Sweden (EUR mn) 141.500 Sep 2024 quarterly Mar 1994 - Sep 2024
Foreign Direct Investment (FDI): Flow (EUR mn) 989.700 Sep 2024 quarterly Mar 1994 - Sep 2024
FDI: Flow: Latvia (EUR mn) 190.500 Sep 2024 quarterly Mar 1994 - Sep 2024
FDI: Flow: Lithuania (EUR mn) 41.300 Sep 2024 quarterly Mar 1996 - Sep 2024
FDI: Flow: EMTAK 2008: Financial and Insurance Activities (EUR mn) 798.300 Sep 2024 quarterly Mar 1994 - Sep 2024
FDI: Flow: EMTAK 2008: Real Estate Activities (EUR mn) -32.700 Sep 2024 quarterly Mar 1994 - Sep 2024
FDI: Flow: EMTAK 2008: Wholesale and Retail Trade (EUR mn) 77.100 Sep 2024 quarterly Mar 1994 - Sep 2024
FDI: Flow: EMTAK 2008: Manufacturing (EUR mn) -11.800 Sep 2024 quarterly Mar 1994 - Sep 2024
FDI: Flow: EMTAK 2008: Transportation and Storage (EUR mn) 27.100 Sep 2024 quarterly Mar 1994 - Sep 2024
DIA: Flow: Lithuania (EUR mn) 90.900 Sep 2024 quarterly Mar 1995 - Sep 2024
Direct Investment Abroad (DIA): Flow (EUR mn) 191.900 Sep 2024 quarterly Mar 1994 - Sep 2024
DIA: Flow: Sweden (EUR mn) 3.200 Sep 2024 quarterly Jun 1995 - Sep 2024
DIA: Flow: Russian Federation (EUR mn) -0.100 Sep 2024 quarterly Sep 1995 - Sep 2024
DIA: Flow: Finland (EUR mn) 6.900 Sep 2024 quarterly Mar 1995 - Sep 2024
DIA: Flow: Latvia (EUR mn) 1.800 Sep 2024 quarterly Mar 1995 - Sep 2024
DIA: Flow: EMTAK 2008: Manufacturing (EUR mn) 2.800 Sep 2024 quarterly Dec 1994 - Sep 2024
DIA: Flow: EMTAK 2008: Real Estate Activities (EUR mn) 27.000 Sep 2024 quarterly Dec 1996 - Sep 2024
DIA: Flow: EMTAK 2008: Financial and Insurance Activities (EUR mn) 22.400 Sep 2024 quarterly Mar 1995 - Sep 2024
DIA: Flow: EMTAK 2008: Professional, Scientific and Technical Activities (EUR mn) 18.700 Sep 2024 quarterly Dec 1995 - Sep 2024
DIA: Flow: EMTAK 2008: Transportation and Storage (EUR mn) 6.200 Sep 2024 quarterly Mar 1995 - Sep 2024
No of Enterprises: Statistical Profile (SP) (Unit) 158,378.000 2024 yearly 1995 - 2024
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 0.3 Dec 2024 monthly Dec 2000 - Dec 2024
Household Debt: % of GDP (%) 39.1 Sep 2024 quarterly Dec 2003 - Sep 2024
Non-Performing Loans (USD mn) 77.520 Nov 2024 monthly Dec 2000 - Nov 2024
Money Supply M1 (USD mn) 18,906.102 Dec 2024 monthly Jan 1993 - Dec 2024
Money Supply M2 (USD mn) 30,347.062 Dec 2024 monthly Jan 1993 - Dec 2024
M2 Growth (%) 7.4 Dec 2024 monthly Jan 2012 - Dec 2024
Reserve Requirement Ratio (%) 1.0 Dec 2024 monthly Jan 1999 - Dec 2024
Foreign Exchange Reserves (USD mn) 1,593.3 Jan 2025 monthly Jan 2001 - Jan 2025
Foreign Exchange Reserves: % of GDP (%) 4.216 Sep 2024 quarterly Sep 2002 - Sep 2024
Foreign Exchange Reserves: Months of Import (NA) 1.0 Nov 2024 monthly Jan 2001 - Nov 2024
Gold Reserves (USD mn) 23.192 Jan 2025 monthly Jun 1992 - Jan 2025
Total Deposits (USD mn) 33,119.681 Dec 2024 monthly Jan 1997 - Dec 2024
Total Deposits Growth (%) 8.6 Dec 2024 monthly Jan 1998 - Dec 2024
Domestic Credit (USD mn) 29,797.0 Oct 2024 monthly Jun 1992 - Oct 2024
Domestic Credit Growth (%) 3.9 Oct 2024 monthly Jun 1993 - Oct 2024
Household Debt (USD mn) 16,947.1 Sep 2024 quarterly Dec 2003 - Sep 2024
Total Loans (USD mn) 31,222.756 Dec 2024 monthly Jan 1994 - Dec 2024
Total Loans Growth (%) 10.35 Dec 2024 monthly Jan 1995 - Dec 2024
Private Debt: % of Nominal GDP (%) 59.05 Sep 2024 quarterly Mar 1997 - Sep 2024
Monetary Aggregates: Euro Area: EC: M3: M2 (EUR mn) 29,318.000 Dec 2024 monthly Jan 2011 - Dec 2024
Monetary Aggregates: Euro Area: Estonia Contribution (EC): M3 (EUR mn) 29,449.000 Dec 2024 monthly Jan 2011 - Dec 2024
Monetary Aggregates: Euro Area: EC: M3: M2: M1 (EUR mn) 18,265.000 Dec 2024 monthly Jan 2011 - Dec 2024
Official Reserve Assets: Foreign Currency (FC) (EUR mn) 1,532.200 Jan 2025 monthly Jan 2000 - Jan 2025
Official Reserve Assets (EUR mn) 2,006.800 Jan 2025 monthly Jan 2000 - Jan 2025
Loans: Overdue: Over 90 Days (EUR mn) 121.70 Mar 2018 monthly Dec 2000 - Mar 2018
Deposits (EUR mn) 31,996.600 Dec 2024 monthly Jan 1997 - Dec 2024
Loans (EUR mn) 30,164.000 Dec 2024 monthly Jan 1994 - Dec 2024
Loans: Non Financial Corporations (EUR mn) 11,003.300 Dec 2024 monthly Jan 1994 - Dec 2024
Loans: Households: Consumer (EUR mn) 816.700 Dec 2024 monthly Jan 1997 - Dec 2024
Loans: Households: Housing (EUR mn) 11,966.800 Dec 2024 monthly Jan 1997 - Dec 2024
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) 10.0 Jan 2025 monthly May 2002 - Jan 2025
Business Tendency Survey: Retail Trade: Confidence Indicator (%) -26.000 Jan 2025 monthly May 2002 - Jan 2025
Business Tendency Survey: Services: Confidence Indicator (%) -9.000 Jan 2025 monthly May 2002 - Jan 2025
Economic Sentiment Indicator: Seasonally Adjusted (NA) 88.500 Jan 2025 monthly Jan 1995 - Jan 2025
Business Tendency Survey: Construction: Confidence Indicator (%) -29.000 Jan 2025 monthly May 2002 - Jan 2025

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