Gross debt in Estonia
The government gross debt refers to the total of all sums of money that have to be paid to other countries, communities or institutions. On the other hand not included in the gross debt are the demands of a country to foreign ones.The gross debt in Estonia in the period from 1998 to 2019 was between 291.5 m and 2.8 bn USD. The hightest level within the past 21 years was reached in 2014. However, the liabilities in 2019 have been only 2.66 bn USD
Based on the number of inhabitants, this is in Estonia a debt of 2,002 USD per person. For comparison: The average debt per person in the same year in the European Union was 32,667 USD.
Back to overview: Estonia
Gross debt of the last 21 years in billion USD
Jahr | Estonia total | Estonia per capita | EU per capita |
---|---|---|---|
1998 | 0.31 bn USD | 222 USD | 12,387 USD |
1999 | 0.34 bn USD | 246 USD | 12,342 USD |
2000 | 0.29 bn USD | 209 USD | 10,778 USD |
2001 | 0.30 bn USD | 215 USD | 10,717 USD |
2002 | 0.42 bn USD | 305 USD | 11,593 USD |
2003 | 0.55 bn USD | 404 USD | 14,402 USD |
2004 | 0.61 bn USD | 449 USD | 16,970 USD |
2005 | 0.64 bn USD | 470 USD | 17,846 USD |
2006 | 0.75 bn USD | 555 USD | 18,591 USD |
2007 | 0.82 bn USD | 608 USD | 20,509 USD |
2008 | 1.10 bn USD | 824 USD | 23,520 USD |
2009 | 1.43 bn USD | 1,069 USD | 25,266 USD |
2010 | 1.30 bn USD | 978 USD | 30,683 USD |
2011 | 1.43 bn USD | 1,077 USD | 34,278 USD |
2012 | 2.26 bn USD | 1,712 USD | 33,161 USD |
2013 | 2.57 bn USD | 1,949 USD | 35,247 USD |
2014 | 2.83 bn USD | 2,153 USD | 36,694 USD |
2015 | 2.30 bn USD | 1,752 USD | 31,489 USD |
2016 | 2.41 bn USD | 1,829 USD | 31,202 USD |
2017 | 2.46 bn USD | 1,864 USD | 32,056 USD |
2018 | 2.51 bn USD | 1,900 USD | 33,826 USD |
2019 | 2.66 bn USD | 2,002 USD | 32,667 USD |
Comparison of the gross debt per capita with the European Union in Euro
Budget deficit in Estonia
The budget deficit of a country is the result of all its claims and liabilities. This includes incomes and expenses, repayments and building of new debts in other countries, but also domestic positions of the government, such as social insurances, local authorities and communities. It is the financial balance of the economic accounts. In simple terms: If a country at the end of the year has more money, than at at the beginning, it is a surplus - it is less, it is called deficit.The budget balance in Estonia in the period between 1998 and 2019 varied between -647.15 m Euro and +604.94 m Euro. In 2019 was reached a balance of 24.07 m Euro.
In ratio to population, this equals a surplus of 18 Euro per capita in Estonia. For comparison, the average debt per capita in the European Union was in the same year at 332 Euro.
Budget deficit and surplus in the last 21 years
Jahr | Estonia total | Estonia per capita | EU per capita |
---|---|---|---|
1998 | -38.24 M USD | -28 USD | -350 USD |
1999 | -197.71 M USD | -142 USD | -180 USD |
2000 | -13.02 M USD | -9 USD | 98 USD |
2001 | -3.94 M USD | -3 USD | -263 USD |
2002 | 19.86 M USD | 14 USD | -496 USD |
2003 | 164.93 M USD | 120 USD | -738 USD |
2004 | 288.46 M USD | 212 USD | -808 USD |
2005 | 157.38 M USD | 116 USD | -722 USD |
2006 | 493.45 M USD | 366 USD | -499 USD |
2007 | 604.94 M USD | 451 USD | -315 USD |
2008 | -647.15 M USD | -484 USD | -951 USD |
2009 | -431.69 M USD | -323 USD | -2,252 USD |
2010 | 37.12 M USD | 28 USD | -2,486 USD |
2011 | 251.95 M USD | 190 USD | -1,907 USD |
2012 | -66.17 M USD | -50 USD | -1,689 USD |
2013 | 45.42 M USD | 34 USD | -1,354 USD |
2014 | 188.51 M USD | 143 USD | -1,226 USD |
2015 | 32.95 M USD | 25 USD | -871 USD |
2016 | -99.18 M USD | -75 USD | -620 USD |
2017 | -193.63 M USD | -147 USD | -406 USD |
2018 | -154.24 M USD | -117 USD | -288 USD |
2019 | 24.07 M USD | 18 USD | -332 USD |
(negative numbers = deficit)