Estonia Total Debt: % of GDP

2003 - 2024 | Quarterly | % | CEIC Data

Key information about Estonia Total Debt: % of GDP

  • Estonia Total Debt accounted for 371.6 % of the country's GDP in 2024, compared with the ratio of 367.0 % in the previous quarter.
  • Estonia Total Debt: % of GDP data is updated quarterly, available from Dec 2003 to Jun 2024.
  • The data reached an all-time high of 414.7 % 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 Jun 2024 in the chart:

Estonia Total Debt: % of GDP

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

Estonia Total Debt accounted for 371.6 % of the country's GDP in 2024, compared with the ratio of 367.0 % in the previous quarter. See the table below for more data.

Last Previous Min Max Unit Frequency Range
371.6 Jun 2024 367.0 Mar 2024 249.4 Mar 2004 414.7 Dec 2020 % quarterly Dec 2003 - Jun 2024

Total Debt: % of GDP by Country Comparison

country/region Last Frequency Range
Australia (%) 261.1 Mar 2024 quarterly Jun 1988 - Mar 2024
Austria (%) 528.9 Mar 2024 quarterly Mar 1999 - Mar 2024
Belgium (%) 702.2 Jun 2024 quarterly Dec 1998 - Jun 2024
Bulgaria (%) 352.7 2023 yearly 1995 - 2023
Canada (%) 935.0 Jun 2024 quarterly Mar 1990 - Jun 2024
Croatia (%) 438.5 Jun 2024 quarterly Mar 2012 - Jun 2024
Cyprus (%) 1,169.5 2022 yearly 1995 - 2022
Czech Republic (%) 389.1 Jun 2024 quarterly Mar 2008 - Jun 2024
Denmark (%) 780.0 2022 yearly 1994 - 2022
Estonia (%) 371.6 Jun 2024 quarterly Dec 2003 - Jun 2024
European Union (%) 719.1 2022 yearly 2001 - 2022
Finland (%) 649.0 2023 yearly 1995 - 2023
France (%) 927.4 Mar 2024 quarterly Mar 1996 - Mar 2024
Germany (%) 601.9 Jun 2024 quarterly Mar 1999 - Jun 2024
Greece (%) 551.6 Jun 2024 quarterly Dec 1997 - Jun 2024
Hungary (%) 438.5 Jun 2024 quarterly Dec 1995 - Jun 2024
Iceland (%) 690.6 2022 yearly 2003 - 2022
Ireland (%) 966.4 Mar 2024 quarterly Mar 2002 - Mar 2024
Italy (%) 571.4 Jun 2024 quarterly Dec 1995 - Jun 2024
Japan (%) 1,295.3 Jun 2024 quarterly Jun 1998 - Jun 2024
South Korea (%) 701.8 Jun 2024 quarterly Dec 2008 - Jun 2024
Latvia (%) 337.0 Mar 2024 quarterly Mar 2004 - Mar 2024
Lithuania (%) 305.0 Jun 2024 quarterly Dec 1995 - Jun 2024
Luxembourg (%) 7,301.6 Jun 2024 quarterly Dec 1995 - Jun 2024
North Macedonia (%) 328.5 2023 yearly 2013 - 2023
Malta (%) 1,406.8 Jun 2024 quarterly Mar 2004 - Jun 2024
Mexico (%) 106.2 Jun 2024 quarterly Dec 2000 - Jun 2024
Netherlands (%) 884.5 Dec 2023 quarterly Mar 1999 - Dec 2023
New Zealand (%) 621.4 2021 yearly 2006 - 2021
Norway (%) 607.6 Mar 2024 quarterly Dec 1995 - Mar 2024
Poland (%) 290.4 Jun 2024 quarterly Mar 2004 - Jun 2024
Portugal (%) 468.6 Jun 2024 quarterly Dec 1995 - Jun 2024
Romania (%) 251.1 Mar 2024 quarterly Mar 2007 - Mar 2024
Slovakia (%) 380.3 Jun 2024 quarterly Dec 2012 - Jun 2024
Slovenia (%) 328.6 Jun 2024 quarterly Mar 2004 - Jun 2024
Spain (%) 568.0 Jun 2024 quarterly Dec 1995 - Jun 2024
Sweden (%) 767.7 Jun 2024 quarterly Mar 1996 - Jun 2024
Switzerland (%) 934.5 2023 yearly 1999 - 2023
Taiwan (%) 882.1 2022 yearly 2000 - 2022
Turkey (%) 273.5 Mar 2024 quarterly Dec 2014 - Mar 2024
Ukraine (%) 235.5 2021 yearly 2009 - 2021
United Kingdom (%) 872.3 Jun 2024 quarterly Mar 1987 - Jun 2024
United States (%) 720.2 Jun 2024 quarterly Dec 1951 - Jun 2024

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Estonia Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -3.6 Jun 2024 quarterly Dec 1999 - Jun 2024
Consolidated Fiscal Balance (USD mn) -218.648 Jun 2024 quarterly Mar 1999 - Jun 2024
Tax Revenue (USD mn) 2,463.481 Jun 2024 quarterly Mar 1999 - Jun 2024
Tax Revenue: % of GDP (%) 23.4 Jun 2024 quarterly Mar 1999 - Jun 2024
National Government Debt (USD mn) 9,812.9 Jun 2024 quarterly Mar 2000 - Jun 2024
Government Debt: % of GDP (%) 23.8 Jun 2024 quarterly Mar 2000 - Jun 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) -203.100 Jun 2024 quarterly Mar 1999 - Jun 2024
General Govt: Consolidated (Con): Revenue (EUR mn) 4,117.600 Jun 2024 quarterly Mar 1999 - Jun 2024
General Govt: Consolidated (Con): Expenditure (EUR mn) 4,320.700 Jun 2024 quarterly Mar 1999 - Jun 2024
General Govt Debt: Consolidated: Gross at Nominal Value (EUR mn) 9,161.500 Jun 2024 quarterly Mar 2000 - Jun 2024
General Government Debt: % of GDP (%) 20.200 2023 yearly 2000 - 2023
State Budget: Tax Revenue: Excise Duty (EUR th) 88,313.638 Sep 2024 monthly Jan 2000 - Sep 2024
State Budget: Tax Revenue: VAT (EUR th) 322,173.257 Sep 2024 monthly Jan 2000 - Sep 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 3.000 2028 yearly 1994 - 2028
Trade Balance (USD mn) -185.8 Aug 2024 monthly Jan 1993 - Aug 2024
Total Exports (USD mn) 1,620.3 Aug 2024 monthly Jan 1993 - Aug 2024
Total Exports Growth (%) -1.0 Aug 2024 monthly Jan 1994 - Aug 2024
Aluminum: Exports (USD th) 18,764.112 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 108,648.136 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 22,972.410 2022 yearly 1995 - 2022
Total Imports (USD mn) 1,806.2 Aug 2024 monthly Jan 1993 - Aug 2024
Total Imports Growth (%) -7.8 Aug 2024 monthly Jan 1994 - Aug 2024
Imports: Medicament (USD th) 517,038.046 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 161,170.277 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 65.033 Aug 2024 monthly Jan 1992 - Aug 2024
Total Imports from USA (USD mn) 22.741 Aug 2024 monthly Jan 1992 - Aug 2024
Total Exports to China (USD mn) 25.228 Aug 2024 monthly Dec 1997 - Aug 2024
Total Imports from China (USD mn) 79.256 Aug 2024 monthly Jan 2004 - Aug 2024
Exports: Russian Federation (EUR) 36,272,502.000 Aug 2024 monthly Jan 2004 - Aug 2024
Exports: Latvia (EUR) 187,936,500.000 Aug 2024 monthly Jan 2004 - Aug 2024
Exports: Sweden (EUR) 126,261,393.000 Aug 2024 monthly Jan 2004 - Aug 2024
Exports: Finland (EUR) 227,029,169.000 Aug 2024 monthly Jan 2004 - Aug 2024
Exports: Lithuania (EUR) 113,198,557.000 Aug 2024 monthly Jan 2004 - Aug 2024
Imports: Latvia (EUR) 169,334,014.000 Aug 2024 monthly Jan 2004 - Aug 2024
Imports: Sweden (EUR) 134,204,897.000 Aug 2024 monthly Jan 2004 - Aug 2024
Imports: Finland (EUR) 257,676,328.000 Aug 2024 monthly Jan 2004 - Aug 2024
Imports: Germany (EUR) 185,327,299.000 Aug 2024 monthly Jan 2004 - Aug 2024
Imports: Lithuania (EUR) 187,659,298.000 Aug 2024 monthly Jan 2004 - Aug 2024
Export Value Index (2015=100) 167.638 2021 yearly 1995 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 114.2 Aug 2024 monthly Jan 1999 - Aug 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 (%) -27.5 Jun 2024 quarterly Mar 2008 - Jun 2024
Foreign Portfolio Investment (USD mn) 180.535 Jun 2024 quarterly Mar 2008 - Jun 2024
Foreign Portfolio Investment: % of GDP (%) 1.7 Jun 2024 quarterly Mar 2008 - Jun 2024
Foreign Portfolio Investment: Equity Securities (USD mn) 63.9 Jun 2024 quarterly Mar 2008 - Jun 2024
Foreign Portfolio Investment: Debt Securities (USD mn) 116.541 Jun 2024 quarterly Mar 2008 - Jun 2024
External Debt (USD mn) 39,224.5 Jun 2024 quarterly Mar 1996 - Jun 2024
External Debt: % of GDP (%) 89.2 2023 yearly 1996 - 2023
External Debt: Short Term (USD mn) 11,663.7 Jun 2024 quarterly Mar 1996 - Jun 2024
External Debt: Short Term: % of GDP (%) 26.2 2023 yearly 1996 - 2023
Total Debt: % of GDP (%) 371.6 Jun 2024 quarterly Dec 2003 - Jun 2024
Forecast: Current Account Balance (USD bn) -1.545 2029 yearly 1993 - 2029
Net International Investment Position (USD mn) -5,256.530 Jun 2024 quarterly Mar 1996 - Jun 2024
BoP: Current Account: Primary Income: Credit (EUR mn) 254.800 Aug 2024 monthly Jan 2008 - Aug 2024
BoP: Current Account: Secondary Income: Credit (EUR mn) 44.300 Aug 2024 monthly Jan 2008 - Aug 2024
BoP: Current Account: Goods (EUR mn) -162.300 Aug 2024 monthly Jan 2008 - Aug 2024
BoP: Current Account: Goods: Credit (EUR mn) 1,473.200 Aug 2024 monthly Jan 2008 - Aug 2024
BoP: Financial Account: Financial Derivatives Other Than Reserves and Employee S... (EUR mn) -2.000 Aug 2024 monthly Jan 2008 - Aug 2024
BoP: Financial Account: Portfolio Investment (EUR mn) 376.000 Aug 2024 monthly Jan 2008 - Aug 2024
BoP: Financial Account: Portfolio Investment: Assets (EUR mn) 269.300 Aug 2024 monthly Jan 2008 - Aug 2024
BoP: Financial Account: Portfolio Investment: Liabilities (EUR mn) -106.800 Aug 2024 monthly Jan 2008 - Aug 2024
BoP: Financial Account: Direct Investment: Assets (EUR mn) 103.600 Aug 2024 monthly Jan 2008 - Aug 2024
BoP: Financial Account: Direct Investment: Liabilities (EUR mn) 203.800 Aug 2024 monthly Jan 2008 - Aug 2024
BoP: Current Account: Secondary Income: Debit (EUR mn) 51.800 Aug 2024 monthly Jan 2008 - Aug 2024
BoP: Capital Account (EUR mn) 44.600 Aug 2024 monthly Jan 2008 - Aug 2024
BoP: Financial Account: Reserve Assets (EUR mn) -190.800 Aug 2024 monthly Jan 2008 - Aug 2024
BoP: Current Account: Goods: Debit (EUR mn) 1,635.500 Aug 2024 monthly Jan 2008 - Aug 2024
BoP: Current Account: Services: Credit (EUR mn) 1,015.800 Aug 2024 monthly Jan 2008 - Aug 2024
Balance of Payments (BoP): Current Account (EUR mn) -65.800 Aug 2024 monthly Jan 2008 - Aug 2024
BoP: Current Account: Services: Debit (EUR mn) 794.800 Aug 2024 monthly Jan 2008 - Aug 2024
BoP: Current Account: Secondary Income (EUR mn) -7.400 Aug 2024 monthly Jan 2008 - Aug 2024
BoP: Financial Account (EUR mn) -187.300 Aug 2024 monthly Jan 2008 - Aug 2024
BoP: Financial Account: Other Investment: Liabilities (EUR mn) 256.300 Aug 2024 monthly Jan 2008 - Aug 2024
BoP: Current Account: Primary Income (EUR mn) -117.100 Aug 2024 monthly Jan 2008 - Aug 2024
BoP: Current Account: Primary Income: Debit (EUR mn) 371.900 Aug 2024 monthly Jan 2008 - Aug 2024
BoP: Financial Account: Direct Investment (EUR mn) -100.100 Aug 2024 monthly Jan 2008 - Aug 2024
BoP: Financial Account: Other Investment (EUR mn) -270.400 Aug 2024 monthly Jan 2008 - Aug 2024
BoP: Financial Account: Other Investment: Assets (EUR mn) -14.100 Aug 2024 monthly Jan 2008 - Aug 2024
BoP: Current Account: Services (EUR mn) 221.100 Aug 2024 monthly Jan 2008 - Aug 2024
BoP: Financial Account: Portfolio Investment: Liabilities: Debt Securities (EUR mn) -1.200 Nov 2018 monthly Jan 2008 - Nov 2018
IIP: External Assets (EUR mn) 67,791.500 Jun 2024 quarterly Mar 1996 - Jun 2024
IIP: External Liabilities (EUR mn) 72,699.100 Jun 2024 quarterly Mar 1996 - Jun 2024
International Investment Position (IIP): Net (EUR mn) -4,907.600 Jun 2024 quarterly Mar 1996 - Jun 2024
Gross External Debt: General Government: Short Term (EUR mn) 1,589.500 Jun 2024 quarterly Mar 1996 - Jun 2024
Gross External Debt: General Government: Long Term (EUR mn) 8,109.100 Jun 2024 quarterly Mar 1996 - Jun 2024
Gross External Debt (EUR mn) 36,620.800 Jun 2024 quarterly Mar 1996 - Jun 2024
Gross External Debt: General Government (EUR mn) 9,698.600 Jun 2024 quarterly Mar 1996 - Jun 2024
FDI: Flow: Finland (EUR mn) 12.900 Jun 2024 quarterly Mar 1994 - Jun 2024
FDI: Flow: Russian Federation (EUR mn) -0.700 Jun 2024 quarterly Mar 1994 - Jun 2024
FDI: Flow: Sweden (EUR mn) 18.500 Jun 2024 quarterly Mar 1994 - Jun 2024
Foreign Direct Investment (FDI): Flow (EUR mn) -318.700 Jun 2024 quarterly Mar 1994 - Jun 2024
FDI: Flow: Latvia (EUR mn) -218.000 Jun 2024 quarterly Mar 1994 - Jun 2024
FDI: Flow: Lithuania (EUR mn) 25.800 Jun 2024 quarterly Mar 1996 - Jun 2024
FDI: Flow: EMTAK 2008: Financial and Insurance Activities (EUR mn) -151.400 Jun 2024 quarterly Mar 1994 - Jun 2024
FDI: Flow: EMTAK 2008: Real Estate Activities (EUR mn) -10.000 Jun 2024 quarterly Mar 1994 - Jun 2024
FDI: Flow: EMTAK 2008: Manufacturing (EUR mn) -7.500 Jun 2024 quarterly Mar 1994 - Jun 2024
FDI: Flow: EMTAK 2008: Transportation and Storage (EUR mn) -66.100 Jun 2024 quarterly Mar 1994 - Jun 2024
FDI: Flow: EMTAK 2008: Wholesale and Retail Trade (EUR mn) -23.600 Jun 2024 quarterly Mar 1994 - Jun 2024
Direct Investment Abroad (DIA): Flow (EUR mn) 0.400 Jun 2024 quarterly Mar 1994 - Jun 2024
DIA: Flow: Sweden (EUR mn) 13.600 Jun 2024 quarterly Jun 1995 - Jun 2024
DIA: Flow: Russian Federation (EUR mn) 1.600 Jun 2024 quarterly Sep 1995 - Jun 2024
DIA: Flow: Lithuania (EUR mn) -7.800 Jun 2024 quarterly Mar 1995 - Jun 2024
DIA: Flow: Finland (EUR mn) -1.000 Jun 2024 quarterly Mar 1995 - Jun 2024
DIA: Flow: Latvia (EUR mn) 52.300 Jun 2024 quarterly Mar 1995 - Jun 2024
DIA: Flow: EMTAK 2008: Manufacturing (EUR mn) 66.200 Jun 2024 quarterly Dec 1994 - Jun 2024
DIA: Flow: EMTAK 2008: Real Estate Activities (EUR mn) 15.600 Jun 2024 quarterly Dec 1996 - Jun 2024
DIA: Flow: EMTAK 2008: Financial and Insurance Activities (EUR mn) -42.600 Jun 2024 quarterly Mar 1995 - Jun 2024
DIA: Flow: EMTAK 2008: Professional, Scientific and Technical Activities (EUR mn) 5.600 Jun 2024 quarterly Dec 1995 - Jun 2024
DIA: Flow: EMTAK 2008: Transportation and Storage (EUR mn) -19.100 Jun 2024 quarterly Mar 1995 - Jun 2024
No of Enterprises: Statistical Profile (SP) (Unit) 153,883.000 2023 yearly 1995 - 2023
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 0.2 Sep 2024 monthly Dec 2000 - Sep 2024
Household Debt: % of GDP (%) 38.7 Jun 2024 quarterly Dec 2003 - Jun 2024
Non-Performing Loans (USD mn) 63.081 Sep 2024 monthly Dec 2000 - Sep 2024
Money Supply M1 (USD mn) 18,979.935 Sep 2024 monthly Jan 1993 - Sep 2024
Money Supply M2 (USD mn) 31,269.526 Sep 2024 monthly Jan 1993 - Sep 2024
M2 Growth (%) 6.2 Sep 2024 monthly Jan 2012 - Sep 2024
Reserve Requirement Ratio (%) 1.0 Sep 2024 monthly Jan 1999 - Sep 2024
Foreign Exchange Reserves (USD mn) 1,765.0 Oct 2024 monthly Jan 2001 - Oct 2024
Foreign Exchange Reserves: % of GDP (%) 4.282 Jun 2024 quarterly Sep 2002 - Jun 2024
Foreign Exchange Reserves: Months of Import (NA) 1.0 Aug 2024 monthly Jan 2001 - Aug 2024
Gold Reserves (USD mn) 22.796 Oct 2024 monthly Jun 1992 - Oct 2024
Total Deposits (USD mn) 34,248.919 Sep 2024 monthly Jan 1997 - Sep 2024
Total Deposits Growth (%) 8.1 Sep 2024 monthly Jan 1998 - Sep 2024
Domestic Credit (USD mn) 28,776.2 Jul 2024 monthly Jun 1992 - Jul 2024
Domestic Credit Growth (%) 3.6 Jul 2024 monthly Jun 1993 - Jul 2024
Household Debt (USD mn) 15,986.2 Jun 2024 quarterly Dec 2003 - Jun 2024
Total Loans (USD mn) 31,758.012 Sep 2024 monthly Jan 1994 - Sep 2024
Total Loans Growth (%) 5.71 Sep 2024 monthly Jan 1995 - Sep 2024
Private Debt: % of Nominal GDP (%) 58.27 Jun 2024 quarterly Mar 1997 - Jun 2024
Monetary Aggregates: Euro Area: EC: M3: M2 (EUR mn) 28,057.000 Sep 2024 monthly Jan 2011 - Sep 2024
Monetary Aggregates: Euro Area: EC: M3: M2: M1 (EUR mn) 17,030.000 Sep 2024 monthly Jan 2011 - Sep 2024
Monetary Aggregates: Euro Area: Estonia Contribution (EC): M3 (EUR mn) 28,212.000 Sep 2024 monthly Jan 2011 - Sep 2024
Official Reserve Assets: Foreign Currency (FC) (EUR mn) 1,627.500 Oct 2024 monthly Jan 2000 - Oct 2024
Official Reserve Assets (EUR mn) 2,091.200 Oct 2024 monthly Jan 2000 - Oct 2024
Loans: Overdue: Over 90 Days (EUR mn) 121.70 Mar 2018 monthly Dec 2000 - Mar 2018
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) 7.6 Oct 2024 monthly May 2002 - Oct 2024
Economic Sentiment Indicator: Seasonally Adjusted (NA) 85.400 Sep 2024 monthly Jan 1995 - Sep 2024
Business Tendency Survey: Construction: Confidence Indicator (%) -25.000 Oct 2024 monthly May 2002 - Oct 2024
Business Tendency Survey: Services: Confidence Indicator (%) -8.000 Oct 2024 monthly May 2002 - Oct 2024
Business Tendency Survey: Retail Trade: Confidence Indicator (%) -21.000 Oct 2024 monthly May 2002 - Oct 2024

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