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MacroEstonia

Government debt in Estonia

How indebted is the state my taxes would go to?

Estonia's government debt is 24.00 % — #11 of 125 countries on the atlas (lower is better). Period 2025.

24.00%

Checked 23 Oct 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

24.00 %13.95 %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: 19.10 %2023: 20.30 %2024: 23.50 %2025: 24.00 %19952010202524.00 %
31 official observations, 1995 → 2025. Every point is a published value — never interpolated.
Rank
#11 of 125
lower is better
Ranked behind
91 %
114 of 125 countries
Latest move
▲ 0.50 pp
since 2024
Full series
▲ 15.30 pp
since 1995

In Europe: #2 of 37vs median 54.70 %: −30.70 pp (better)

Among 125 countries

6 of 125 countries between 12.30 % and 17.90 %2 of 125 countries between 17.90 % and 23.49 %10 of 125 countries between 23.49 % and 29.09 %11 of 125 countries between 29.09 % and 34.68 %8 of 125 countries between 34.68 % and 40.28 %9 of 125 countries between 40.28 % and 45.88 %7 of 125 countries between 45.88 % and 51.47 %13 of 125 countries between 51.47 % and 57.07 %8 of 125 countries between 57.07 % and 62.66 %10 of 125 countries between 62.66 % and 68.26 %4 of 125 countries between 68.26 % and 73.85 %3 of 125 countries between 73.85 % and 79.45 %7 of 125 countries between 79.45 % and 85.05 %6 of 125 countries between 85.05 % and 90.64 %2 of 125 countries between 90.64 % and 96.24 %6 of 125 countries between 96.24 % and 101.83 %2 of 125 countries between 101.83 % and 107.43 %1 of 125 countries between 107.43 % and 113.02 %2 of 125 countries between 113.02 % and 118.62 %1 of 125 countries between 124.22 % and 129.81 %2 of 125 countries between 135.41 % and 141.00 %5 of 125 countries between 141.00 % and 146.60 %median 54.70 %Estonia: ahead of 91 % of the 125 countries with a published government debtEstonia 24.00 %12.30 %146.60 %
Half of all 125 countries sit between 36.10 % and 81.70 %. 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 Taiwan23.60 %−0.40 pp
10 Turkey23.70 %−0.30 pp
11 Estonia24.00 %—
12 Kazakhstan24.30 %+0.30 pp
13 Cambodia25.50 %+1.50 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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