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 32,690 USD.

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Gross debt of the last 21 years in billion USD

JahrEstonia totalEstonia per capitaEU per capita
19980.31 bn USD222 USD12,387 USD
19990.34 bn USD246 USD12,342 USD
20000.29 bn USD209 USD10,778 USD
20010.30 bn USD215 USD10,717 USD
20020.42 bn USD305 USD11,593 USD
20030.55 bn USD404 USD14,402 USD
20040.61 bn USD449 USD16,970 USD
20050.64 bn USD470 USD17,846 USD
20060.75 bn USD555 USD18,591 USD
20070.82 bn USD608 USD20,509 USD
20081.10 bn USD824 USD23,520 USD
20091.43 bn USD1,069 USD25,266 USD
20101.30 bn USD978 USD30,683 USD
20111.43 bn USD1,077 USD34,278 USD
20122.26 bn USD1,712 USD33,161 USD
20132.57 bn USD1,949 USD35,247 USD
20142.83 bn USD2,153 USD36,694 USD
20152.30 bn USD1,752 USD31,489 USD
20162.41 bn USD1,829 USD31,202 USD
20172.46 bn USD1,864 USD32,052 USD
20182.51 bn USD1,900 USD33,816 USD
20192.66 bn USD2,002 USD32,690 USD

Comparison of the gross debt per capita with the European Union in Euro

      Estonia       European Union

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

JahrEstonia totalEstonia per capitaEU 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 USD98 USD
2001-3.94 M USD-3 USD-263 USD
200219.86 M USD14 USD-496 USD
2003164.93 M USD120 USD-738 USD
2004288.46 M USD212 USD-808 USD
2005157.38 M USD116 USD-722 USD
2006493.45 M USD366 USD-499 USD
2007604.94 M USD451 USD-315 USD
2008-647.15 M USD-484 USD-951 USD
2009-431.69 M USD-323 USD-2,252 USD
201037.12 M USD28 USD-2,486 USD
2011251.95 M USD190 USD-1,907 USD
2012-66.17 M USD-50 USD-1,689 USD
201345.42 M USD34 USD-1,354 USD
2014188.51 M USD143 USD-1,226 USD
201532.95 M USD25 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
201924.07 M USD18 USD-332 USD

(negative numbers = deficit)