EUROSPENDINGEuro Economics
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Estonia

EU member since 2004 · eurozone since 2011 · capital Tallinn

GDP nominal
41.6B€M
+1773.10 YoY
as of 2025-01
GDP per cap
30,380
+1390.00 YoY
as of 2025-01
Deficit
-2.00% GDP
-0.90 YoY
as of 2025-01
Debt
24.10% GDP
+0.60 YoY
as of 2025-01
HICP
4.80%
+1.10 YoY
as of 2025-01
Unemployment
7.50%
-0.10 YoY
as of 2025-01

Fiscal trajectory

Deficit history + debt vs eurozone average

Government deficit / surplus
% of GDP, annual (B.9)
Government debt
% of GDP, vs eurozone average

Government spending — latest year

By COFOG function (% of GDP)

Spending breakdown
latest year (2024)
Total expenditure vs revenue
% of GDP, annual

Macro indicators

Real GDP growth
% YoY, annual
HICP inflation
% YoY, annual average
Unemployment
% of active population

Sovereign borrowing cost

10Y benchmark government bond yield (monthly)

10Y yield

vs. EU peers

Rank against the other 26 EU member states for the latest available period

Debt rank
27/27
debt: 24.1%
Deficit rank
9/27
deficit: -2.0%
GDP per cap
17/27
GDP/cap: €30,380

IMF WEO forecasts

GDP growth — historical + forecast
Solid = actual · dashed = forecast