Makrognosis

Estonia Government Debt to GDP

QuarterlyNot seasonally adjustedCode EE.GOVDEBT.Q.NSA

Latest26.1%Q2 2026
Previous25.0%Q1 2026
Year ago23.1%Q2 2025

Estonia Government Debt to GDP was 26.1% in Q2 2026, up 1.1 percentage points from Q1 2026 and up 3.0 percentage points from a year earlier.

That is the highest reading since the series began in Q1 2011.

Among the 38 economies Makrognosis covers on this measure, it is the lowest.

Over the past ten years it has ranged from 8.3% (Q1 2019) to 26.1% (Q2 2026), averaging 16.4%.

Estonia Government Debt to GDP (% of GDP), Q1 2011 – Q2 20265%10%15%20%25%20122014201620182020202220242026Robomacro
Estonia Government Debt to GDP (% of GDP), Q1 2011 – Q2 2026. Source: Eurostat (Statistical Office of the European Union).

Showing the full history (downsampled for display). Open the interactive chart to zoom and switch transforms.

Recent data

PeriodValue
Q2 202626.1%
Q1 202625.0%
Q4 202524.0%
Q3 202522.8%
Q2 202523.1%
Q1 202523.9%
Q4 202423.5%
Q3 202423.8%
Q2 202423.7%
Q1 202424.1%
Q4 202320.3%
Q3 202318.7%
Q2 202319.0%
Q1 202317.8%
Q4 202219.1%
Q3 202216.6%
Q2 202217.7%
Q1 202218.1%
Q4 202118.4%
Q3 202119.8%
Q2 202119.7%
Q1 202119.7%
Q4 202019.1%
Q3 202019.2%

Last 24 observations. The full history (62 observations) is available through the API.

Get Estonia Government Debt to GDP in your code or spreadsheet

One guessable code, agency-direct, updated on release. Free tier available.

curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/EE.GOVDEBT.Q.NSA"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/EE.GOVDEBT.Q.NSA",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
Get a free API key → · API docs

About this series

Latest observationQ2 2026
First observationQ1 2011
Observations62
FrequencyQuarterly
Units% of GDP
AdjustmentNot seasonally adjusted
10-year high26.1% (Q2 2026)
10-year low8.3% (Q1 2019)
10-year average16.4%
Source agencyEurostat (Statistical Office of the European Union)
Makrognosis codeEE.GOVDEBT.Q.NSA

Government Debt to GDP: how Estonia compares

#EconomyPeriodLatest
1SingaporeQ1 2025166.1%
2GreeceQ2 2026140.8%
3ItalyQ2 2026139.9%
4CanadaQ2 2026131.3%
5United StatesQ3 2026121.7%
27GhanaQ3 202645.7%
28Czech RepublicQ2 202643.8%
29NetherlandsQ2 202643.7%
30ChileQ2 202643.0%
31SwitzerlandQ1 202540.1%
32AustraliaQ2 202637.9%
33IrelandQ2 202635.3%
34SwedenQ2 202635.3%
35PeruQ1 202629.2%
36BulgariaQ2 202628.7%
37DenmarkQ2 202627.1%
38EstoniaQ2 202626.1%

Government Debt to GDP by country: all 38 economies ranked →

Other Estonia indicators

Estonia GDP (Gross Domestic Product)Estonia Gross domestic product, Current prices, million EUREstonia Inflation Rate (CPI)Estonia Core Inflation RateEstonia Unemployment RateEstonia 10-Year Government Bond YieldEstonia Credit Rating & Sovereign Risk ScoreEstonia Industrial ProductionEstonia Retail SalesEstonia Producer Price Inflation (PPI)Estonia Current account balance (BPM6, vs rest of world), not seasonally adjustedEstonia Current account balance, % of GDPEstonia Trade Balance: Goods & ServicesEstonia Exports of goods and services, Current prices, million EUREstonia Exports of goods and services, chain-linked volumeEstonia Exports of goods, total trade (World), seasonally adjusted

FAQ

What is the current government Debt to GDP in Estonia?
The latest reading is 26.1% for Q2 2026, published by Eurostat (Statistical Office of the European Union).
Where does this data come from?
It is collected directly from Eurostat (Statistical Office of the European Union) and is available through the Makrognosis API under the code EE.GOVDEBT.Q.NSA.

Last updated 2026-11-03. Source: Eurostat (Statistical Office of the European Union). Original title: “Estonia general government gross debt, % of GDP (Eurostat)”.