Estonia recorded a Government Debt to GDP of 20.20 percent of the country's Gross Domestic Product in 2023. Government Debt to GDP in Estonia averaged 8.79 percent of GDP from 1995 until 2023, reaching an all time high of 20.20 percent of GDP in 2023 and a record low of 3.80 percent of GDP in 2007. source: EUROSTAT
Government Debt to GDP in Estonia is expected to reach 20.60 percent of GDP by the end of 2024, 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 21.50 percent of GDP in 2025 and 22.50 percent of GDP in 2026, according to our econometric models.