Estonia Government Debt To GDP

Estonia recorded a Government Debt to GDP of 10 percent of the country's Gross Domestic Product in 2013. Government Debt To GDP in Estonia is reported by the Eurostat. Government Debt To GDP in Estonia averaged 6.19 Percent from 1995 until 2013, reaching an all time high of 10 Percent in 2013 and a record low of 3.70 Percent in 2007. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Estonia Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-23

Actual Previous Highest Lowest Forecast Dates Unit Frequency
10.00 9.80 10.00 3.70 10.95 | 2014/06 1995 - 2013 Percent Yearly

TO

Estonia Government Debt To GDP
LIST BY COUNTRY

Government Last Previous Highest Lowest Forecast Unit
Government Debt To GDP 10.00 2013-12-31 9.80 10.00 3.70 10.95 2014-06-30 Percent [+]
Government Budget -0.20 2013-12-31 -0.20 2.40 -3.50 -0.46 2014-06-30 Percent of GDP [+]
Government Budget Value 296.45 2014-02-15 58.69 296.45 -450.14 81.38 2014-06-30 EUR Million [+]
Government Spending 660.16 2013-11-15 486.69 667.60 342.20 586.86 2014-06-30 EUR Million [+]
Credit Rating 81.25 [+]
[+]


Government Debt to GDP | Notes
Government debt as a percent of GDP, also known as debt-to-GDP ratio, is the amount of national debt a country has in percentage of its Gross Domestic Product. Basically, Government debt is the money owed by the central government to its creditors. There are two types of government debt: net and gross. Gross debt is the accumulation of outstanding government debt which may be in the form of government bonds, credit default swaps, currency swaps, special drawing rights, loans, insurance and pensions. Net debt is the difference between gross debt and the financial assets that government holds. The higher the debt-to-GDP ratio, the less likely the country will pay its debt back, and more likely the country is to default on its debt obligations.


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Estonia recorded a trade deficit of 119.64 EUR Million in February of 2014. Balance of Trade in Estonia is reported by the Statistics Estonia.
Estonia Business Confidence at 102.60  
Business Confidence in Estonia decreased to 102.60 in March of 2014 from 103.70 in February of 2014. Business Confidence in Estonia is reported by the Estonian Institute of Economic Research.
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Estonia recorded a Current Account deficit of 25.10 EUR Million in the fourth quarter of 2013. Current Account in Estonia is reported by the Bank of Estonia.
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Capacity Utilization in Estonia decreased to 72.30 percent in the first quarter of 2014 from 72.50 percent in the fourth quarter of 2013. Capacity Utilization in Estonia is reported by the European Commission.
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Car Registrations in Estonia increased to 1699 Cars in March of 2014 from 1424 Cars in February of 2014. Car Registrations in Estonia is reported by the Statistics Estonia.
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Consumer Confidence in Estonia decreased to -4.30 in March of 2014 from -2.60 in February of 2014. Consumer Confidence in Estonia is reported by the Estonian Institute of Economic Research.
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Changes in Inventories in Estonia decreased to -89.14 EUR Million in the fourth quarter of 2013 from 128.56 EUR Million in the third quarter of 2013. Changes in Inventories in Estonia is reported by the Statistics Estonia.
Estonia Consumer Price Index (CPI) at 196.77 Index Points  
Consumer Price Index (CPI) in Estonia increased to 196.77 Index Points in March of 2014 from 196.19 Index Points in February of 2014. Consumer Price Index (CPI) in Estonia is reported by the Statistics Estonia.
Estonia Consumer Spending at 1744.10 EUR Million  
Consumer Spending in Estonia increased to 1744.10 EUR Million in the fourth quarter of 2013 from 1701.40 EUR Million in the third quarter of 2013. Consumer Spending in Estonia is reported by the Statistics Estonia.
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