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
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
| Year | Estonia |
|---|---|
| 2025 | 24 |
| 2024 | 23.5 |
| 2023 | 20.3 |
| 2022 | 19.1 |
| 2021 | 18.4 |
| 2020 | 19.1 |
| 2019 | 9 |
| 2018 | 8.5 |
| 2017 | 9.4 |
| 2016 | 10.2 |
| 2015 | 10.8 |
| 2014 | 11.6 |
| 2013 | 11.4 |
| 2012 | 11.2 |
| 2011 | 7.6 |
| 2010 | 8 |
| 2009 | 8 |
| 2008 | 4.7 |
| 2007 | 3.9 |
| 2006 | 4.7 |
| 2005 | 4.7 |
| 2004 | 5.2 |
| 2003 | 5.6 |
| 2002 | 5.7 |
| 2001 | 4.9 |
| 2000 | 5.1 |
| 1999 | 5.9 |
| 1998 | 5.4 |
| 1997 | 6 |
| 1996 | 7.3 |
| 1995 | 8.7 |
IMF projection (World Economic Outlook, October 2026) · 2026–2031
| Year | Estonia |
|---|---|
| 2026 | 27.6 |
| 2027 | 31.1 |
| 2028 | 34.8 |
| 2029 | 38.2 |
| 2030 | 40.8 |
| 2031 | 43.1 |
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
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Military
- Military spending3.37% of GDP in 2025
- Military spending in US dollars$1.44B in 2025
- Military spending per person$1,164 in 2025
- Military share of state spending7.5% of government spending in 2025
- Armed forces personnel7,000 people in 2020
- National power0.02% of world capability in 2022
- Armed forces, share of workers1% of the labour force in 2020
- Arms imports204 million TIV in 2025
- Arms exports2 million TIV in 2024