Gross public sector debt as a share of gross domestic product in Estonia
Estonia: Gross public sector debt as a share of gross domestic product was 22.9% in 2024. ◆ Volatile
Gross public sector debt as a share of gross domestic product in Estonia, 2000–2024
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
The most recent figure for gross public sector debt as a share of gross domestic product in Estonia is 22.9%, measured in 2024. That is the highest value across all 25 years on record.
That represents a change of up 14.7% on the previous year and up 92.5% over ten years.
Over the whole period, gross public sector debt as a share of gross domestic product in Estonia peaked at 22.9% in 2024 and was at its lowest, 1.4%, in 2007.
That places Estonia 45th out of 49 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross public sector debt as a share of gross domestic product in Estonia, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 3.3% | — |
| 2001 | 2.9% | -12.3% |
| 2002 | 3.5% | +18.8% |
| 2003 | 3.1% | -9.8% |
| 2004 | 2.8% | -9.9% |
| 2005 | 2.3% | -18.4% |
| 2006 | 2.1% | -9.1% |
| 2007 | 1.4% | -31.1% |
| 2008 | 1.8% | +25.7% |
| 2009 | 4.2% | +134.8% |
| 2010 | 4.5% | +5.9% |
| 2011 | 4.5% | +0.4% |
| 2012 | 11.9% | +163.5% |
| 2013 | 12.0% | +0.4% |
| 2014 | 11.9% | -0.8% |
| 2015 | 11.2% | -5.5% |
| 2016 | 10.7% | -4.5% |
| 2017 | 9.9% | -7.9% |
| 2018 | 9.2% | -6.6% |
| 2019 | 9.7% | +5.3% |
| 2020 | 18.3% | +88.9% |
| 2021 | 17.9% | -2.2% |
| 2022 | 19.0% | +6.2% |
| 2023 | 19.9% | +4.6% |
| 2024 | 22.9% | +14.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.8% | 1.4% | 4.2% | 10 |
| 2010s | 9.5% | 4.5% | 12.0% | 10 |
| 2020s | 19.6% | 17.9% | 22.9% | 5 |
Countries ranked near Estonia
More economy & growth data for Estonia
- Manufacturing, value added (current US$), per unit of GDP 0.1078 current US$ per US$ of GDP (2025)
- Manufacturing, value added (current US$), per capita 3,711 current US$ per person (2025)
- Manufacturing, value added (current LCU), per unit of GDP 0.0954 current LCU per US$ of GDP (2025)
- Manufacturing, value added (current LCU), per capita 3,284 current LCU per person (2025)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.0692 constant 2015 US$ per US$ of GDP (2025)
- Manufacturing, value added (constant 2015 US$), per capita 2,381 constant 2015 US$ per person (2025)
- Manufacturing, value added (constant LCU), per capita 2,318 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 6.79 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.1973 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 6,791 current US$ per person (2025)
Frequently asked questions
- What is gross public sector debt as a share of gross domestic product in Estonia?
- Gross public sector debt as a share of gross domestic product in Estonia was 22.9% in 2024, according to World Bank – processed by Our World in Data.
- What is the highest gross public sector debt as a share of gross domestic product recorded in Estonia?
- The highest recorded value was 22.9% in 2024.
- What is the lowest gross public sector debt as a share of gross domestic product recorded in Estonia?
- The lowest recorded value was 1.4% in 2007.
- How does Estonia rank for gross public sector debt as a share of gross domestic product?
- Estonia ranks 45th out of 49 countries with data for 2024.
- Is gross public sector debt as a share of gross domestic product rising or falling in Estonia?
- Over the last ten years it is up 92.5%. The long-run trend across the full record is volatile.
- Where does this Estonia data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Gross public sector debt as a share of gross domestic product. Statizoid updates them automatically from the source API.
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About this data
Gross public sector debt, Central Government, as a proportion of GDP (%).