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MacroEstonia

Government debt in Estonia

How indebted is the state my taxes would go to?

Estonia's government debt is 24.20 % — #11 of 124 countries on the atlas (lower is better). Period 2025.

24.20%

Checked 8 Sept 2026Period 2025

Source: IMF World Economic Outlook (general government gross debt, % of GDP)

The central government owes about 0.2 years' worth of the country's entire economic output.

Government debt in Estonia over time

24.20 %14.05 %3.90 %3.90 % · 20071995: 8.70 %1996: 7.30 %1997: 6.00 %1998: 5.40 %1999: 5.90 %2000: 5.10 %2001: 4.90 %2002: 5.70 %2003: 5.60 %2004: 5.20 %2005: 4.70 %2006: 4.70 %2007: 3.90 %2008: 4.70 %2009: 8.00 %2010: 8.00 %2011: 7.60 %2012: 11.10 %2013: 11.40 %2014: 11.60 %2015: 10.80 %2016: 10.20 %2017: 9.40 %2018: 8.50 %2019: 9.00 %2020: 19.10 %2021: 18.40 %2022: 19.20 %2023: 20.20 %2024: 23.50 %2025: 24.20 %19952010202524.20 %
31 official observations, 1995 → 2025. Every point is a published value — never interpolated.
Rank
#11 of 124
lower is better
Ranked behind
91 %
113 of 124 countries
Latest move
▲ 0.70 pp
since 2024
Full series
▲ 15.50 pp
since 1995

In Europe: #2 of 37vs median 54.55 %: −30.35 pp (better)

Among 124 countries

5 of 124 countries between 12.30 % and 17.86 %4 of 124 countries between 17.86 % and 23.42 %9 of 124 countries between 23.42 % and 28.97 %9 of 124 countries between 28.97 % and 34.53 %9 of 124 countries between 34.53 % and 40.09 %11 of 124 countries between 40.09 % and 45.65 %8 of 124 countries between 45.65 % and 51.21 %11 of 124 countries between 51.21 % and 56.77 %8 of 124 countries between 56.77 % and 62.32 %7 of 124 countries between 62.32 % and 67.88 %6 of 124 countries between 67.88 % and 73.44 %5 of 124 countries between 73.44 % and 79.00 %6 of 124 countries between 79.00 % and 84.56 %7 of 124 countries between 84.56 % and 90.12 %2 of 124 countries between 90.12 % and 95.67 %3 of 124 countries between 95.67 % and 101.23 %4 of 124 countries between 101.23 % and 106.79 %1 of 124 countries between 106.79 % and 112.35 %2 of 124 countries between 112.35 % and 117.91 %1 of 124 countries between 123.47 % and 129.02 %2 of 124 countries between 134.58 % and 140.14 %4 of 124 countries between 140.14 % and 145.70 %median 54.40 %Estonia: ahead of 91 % of the 124 countries with a published government debtEstonia 24.20 %12.30 %145.70 %
Half of all 124 countries sit between 36.00 % and 80.30 %. Estonia is ahead of 91 % of them. Axis trimmed to the 2nd–98th percentile; 5 values beyond it sit in the end bars.

The neighbourhood

#CountryGovernment debtvs Estonia
9 Taiwan22.40 %−1.80 pp
10 Turkey23.50 %−0.70 pp
11 Estonia24.20 %—
12 Kazakhstan24.60 %+0.40 pp
13 Cambodia26.50 %+2.30 pp

General government gross debt as a share of GDP (IMF World Economic Outlook, annual).

How to read this figure

Central government debt as a share of GDP (World Bank). General government debt (including local government and social funds) can be meaningfully higher; comparisons across countries are indicative.

Next, about Estonia

Debt per personGDP growthInflation rate
Government debt, all countries ranked →Compare Estonia with another country →Everything about Estonia →
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