Central government debt, total (% of GDP) for Estonia
DEBTTLEEA188A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
28.25
Year-over-Year Change
294.10%
Date Range
1/1/1998 - 1/1/2023
Summary
This economic indicator measures Estonia's central government debt as a percentage of its gross domestic product (GDP). It is a key metric for evaluating the government's fiscal health and long-term debt sustainability.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The central government debt-to-GDP ratio is a widely used statistic that compares a country's public debt to its economic output. It provides insight into a government's ability to manage its debt burden and service its obligations.
Methodology
The data is collected and calculated by the International Monetary Fund (IMF).
Historical Context
Policymakers and analysts use this metric to assess Estonia's fiscal policies and financial stability.
Key Facts
- Estonia's central government debt-to-GDP ratio was 18.1% in 2021.
- The ratio has decreased from a high of 10.1% in 2011.
- Estonia has one of the lowest government debt levels in the European Union.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the total outstanding debt of Estonia's central government as a percentage of its gross domestic product (GDP).
Q: Why is this trend relevant for users or analysts?
A: The central government debt-to-GDP ratio is a key metric for evaluating a country's fiscal health and long-term debt sustainability.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the International Monetary Fund (IMF).
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess Estonia's fiscal policies and financial stability.
Q: Are there update delays or limitations?
A: The data is updated annually, and there may be a slight delay in the most recent figures being available.
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Citation
U.S. Federal Reserve, Central government debt, total (% of GDP) for Estonia (DEBTTLEEA188A), retrieved from FRED.