Estonia

Government debt in Estonia

Government debt in Estonia: 8.7% of GDP in 1995 and 24% of GDP in 2025, by IMF estimates.

Latest, 2025
24% of GDP
Since 1995
+15.3 percentage points
Rank, 2025
137 of 149
counting from the highest
Projected, 2031
43.1% of GDP
IMF projection (World Economic Outlook, October 2026)

% of GDP · IMF

Government debt in EstoniaGovernment debt in Estonia: 8.7% of GDP in 1995 and 24% of GDP in 2025, by IMF estimates. The IMF projection (World Economic Outlook, October 2026) puts it at 43.1% of GDP in 2031.
Estimates, IMFIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • The IMF projection (World Economic Outlook, October 2026) puts it at 43.1% of GDP in 2031.
  • The highest was 24% of GDP in 2025, the lowest 3.9% of GDP in 2007.

Every year

% of GDP · IMF

YearEstonia
202524
202423.5
202320.3
202219.1
202118.4
202019.1
20199
20188.5
20179.4
201610.2
201510.8
201411.6
201311.4
201211.2
20117.6
20108
20098
20084.7
20073.9
20064.7
20054.7
20045.2
20035.6
20025.7
20014.9
20005.1
19995.9
19985.4
19976
19967.3
19958.7
IMF projection (World Economic Outlook, October 2026) · 2026–2031
YearEstonia
202627.6
202731.1
202834.8
202938.2
203040.8
203143.1

Good to know

  • What the government owes, as a share of the economy’s yearly output.
  • Source: IMF, World Economic Outlook, October 2026.
  • The dashed line is the IMF projection (World Economic Outlook, October 2026), a scenario rather than a forecast.
  • Ranks count the 149 countries with a value in 2025, highest first.

How the layers work, where their data comes from and what they can’t tell you: Countries through time

Estonia in numbers

Every measure for Estonia on one page

Health

People

Economy

Education

Politics

Conflict

Military

Climate

Technology and environment

Other places nearby