Net incurrence of liabilities, Transactions in Estonia

Estonia: Net incurrence of liabilities, Transactions was 1.04 billion in 2025. ◆ Volatile

Latest (2025)
1.04 billion
Change on year
down 47.7%
World rank
27th
of 33 countries
All-time high
3.02 billion
in 2020
All-time low
-182.30 million
in 2015
Years of data
27
1999–2025

Net incurrence of liabilities, Transactions in Estonia, 1999–2025

01.0B2.0B3.0B1999201220251999: 56.7M2000: 7.9M2001: 45.7M2002: 113.9M2003: 139.9M2004: 101.2M2005: 114.8M2006: 175.1M2007: 87.1M2008: 228.5M2009: 506.6M2010: 121.9M2011: -124.3M2012: 782.0M2013: 184.3M2014: 97.5M2015: -182.3M2016: 121.6M2017: 171.0M2018: 220.5M2019: 465.3M2020: 3.0B2021: 923.6M2022: 1.9B2023: 1.4B2024: 2.0B2025: 1.0B

Source: International Monetary Fund.

Analysis

In 2025, net incurrence of liabilities, transactions in Estonia stood at 1.04 billion.

The figure is down 47.7% on the previous year and up 669.4% over ten years.

Over the whole period, net incurrence of liabilities, transactions in Estonia peaked at 3.02 billion in 2020 and was at its lowest, -182.30 million, in 2015.

That places Estonia 27th out of 33 countries with data for 2025, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Net incurrence of liabilities, Transactions in Estonia, year by year

Annual values for Net incurrence of liabilities, Transactions (Statement of operations, General government) in Estonia, 1999 to 2025.
Year Value Change
1999 56.70 million
2000 7.90 million -86.1%
2001 45.70 million +478.5%
2002 113.90 million +149.2%
2003 139.90 million +22.8%
2004 101.20 million -27.7%
2005 114.80 million +13.4%
2006 175.10 million +52.5%
2007 87.10 million -50.3%
2008 228.50 million +162.3%
2009 506.60 million +121.7%
2010 121.90 million -75.9%
2011 -124.30 million -202.0%
2012 782.00 million -729.1%
2013 184.30 million -76.4%
2014 97.50 million -47.1%
2015 -182.30 million -287.0%
2016 121.60 million -166.7%
2017 171.00 million +40.6%
2018 220.50 million +28.9%
2019 465.30 million +111.0%
2020 3.02 billion +548.3%
2021 923.60 million -69.4%
2022 1.95 billion +110.6%
2023 1.38 billion -29.3%
2024 1.98 billion +44.3%
2025 1.04 billion -47.7%

Averages by decade

DecadeAverage LowestHighest Years
1990s 56.70 million 56.70 million 56.70 million 1
2000s 152.07 million 7.90 million 506.60 million 10
2010s 185.75 million -182.30 million 782.00 million 10
2020s 1.71 billion 923.60 million 3.02 billion 6

Countries ranked near Estonia

  1. 24 Latvia 1.64 billion compare
  2. 25 Luxembourg 1.56 billion compare
  3. 26 Malta 1.27 billion compare
  4. 28 Slovenia 1.01 billion compare
  5. 29 Portugal 524.45 million compare
  6. 30 Cyprus -1.80 billion compare

See the full ranking of 33 places →

More external debt data for Estonia

All data for Estonia →

Frequently asked questions

What is net incurrence of liabilities, transactions in Estonia?
Net incurrence of liabilities, transactions in Estonia was 1.04 billion in 2025, according to International Monetary Fund.
What is the highest net incurrence of liabilities, transactions recorded in Estonia?
The highest recorded value was 3.02 billion in 2020.
What is the lowest net incurrence of liabilities, transactions recorded in Estonia?
The lowest recorded value was -182.30 million in 2015.
How does Estonia rank for net incurrence of liabilities, transactions?
Estonia ranks 27th out of 33 countries with data for 2025.
Is net incurrence of liabilities, transactions rising or falling in Estonia?
Over the last ten years it is up 669.4%. The long-run trend across the full record is volatile.
Where does this Estonia data come from?
The figures come from International Monetary Fund, published as part of Net incurrence of liabilities, Transactions (Statement of operations, General government). Statizoid updates them automatically from the source API.

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Net incurrence of liabilities, Transactions in Estonia. Statizoid, drawing on International Monetary Fund. Retrieved 30 August 2026, from https://debt.statizoid.com/stat/net-incurrence-of-liabilities-transactions-statement-of-operations-general-government/estonia/

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About this data

Indicator
Net incurrence of liabilities, Transactions (Statement of operations, General government)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
33 places, 847 data points, 1990–2025
Last refreshed

The Government Finance Statistics (GFS) includes government revenues and expenditures, government net lending / net borrowing (the surplus / deficit) financing transactions and balance sheet data on government assets and liabilities. Statistics are available for different levels of government including budgetary central government, central government and general government.