Credit to government and state-owned enterprises to GDP in Estonia

Estonia: Credit to government and state-owned enterprises to GDP was 4.1% in 2020. ◆ Volatile

Latest (2020)
4.1%
Change on year
up 128.0%
World rank
152nd
of 178 countries
All-time high
32.6%
in 2003
All-time low
1.3%
in 2007
Years of data
28
1993–2020

Credit to government and state-owned enterprises to GDP in Estonia, 1993–2020

01020301993200620201993: 19.5 %1994: 19.5 %1995: 22.7 %1996: 21 %1997: 24.2 %1998: 18.7 %1999: 21.7 %2000: 20.5 %2001: 24.9 %2002: 31.2 %2003: 32.6 %2004: 1.9 %2005: 1.6 %2006: 1.3 %2007: 1.3 %2008: 2.1 %2009: 2.8 %2010: 3.4 %2011: 3 %2012: 3.2 %2013: 3.2 %2014: 3.1 %2015: 2.9 %2016: 2.7 %2017: 2.6 %2018: 2.5 %2019: 1.8 %2020: 4.1 %

Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.

Analysis

Estonia recorded 4.1% for credit to government and state-owned enterprises to gdp in 2020.

Compared with earlier readings it is up 128.0% on the previous year and up 21.0% over ten years.

Over the whole period, credit to government and state-owned enterprises to gdp in Estonia peaked at 32.6% in 2003 and was at its lowest, 1.3%, in 2007.

Estonia ranks 152nd of 178 countries on this measure, in the bottom quarter.

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

Credit to government and state-owned enterprises to GDP in Estonia, year by year

Annual values for Credit to government and state-owned enterprises to GDP (%) in Estonia, 1993 to 2020.
Year % Change
1993 19.5%
1994 19.5% +0.1%
1995 22.7% +16.3%
1996 21.0% -7.3%
1997 24.2% +15.2%
1998 18.7% -22.7%
1999 21.7% +15.8%
2000 20.5% -5.2%
2001 24.9% +21.4%
2002 31.2% +25.0%
2003 32.6% +4.5%
2004 1.9% -94.3%
2005 1.6% -12.8%
2006 1.3% -18.1%
2007 1.3% -5.6%
2008 2.1% +64.3%
2009 2.8% +33.7%
2010 3.4% +23.8%
2011 3.0% -11.4%
2012 3.2% +4.3%
2013 3.2% +0.6%
2014 3.1% -2.2%
2015 2.9% -6.3%
2016 2.7% -6.1%
2017 2.6% -4.3%
2018 2.5% -5.2%
2019 1.8% -26.9%
2020 4.1% +128.0%

Averages by decade

DecadeAverage LowestHighest Years
1990s 21.1% 18.7% 24.2% 7
2000s 12.0% 1.3% 32.6% 10
2010s 2.9% 1.8% 3.4% 10
2020s 4.1% 4.1% 4.1% 1

Countries ranked near Estonia

  1. 149 Congo 4.3% compare
  2. 150 Botswana 4.3% compare
  3. 151 Nigeria 4.2% compare
  4. 153 Uruguay 4.1% compare
  5. 154 Grenada 4.0% compare
  6. 155 Switzerland 4.0% compare

See the full ranking of 178 places →

More financial sector data for Estonia

All data for Estonia →

Frequently asked questions

What is credit to government and state-owned enterprises to gdp in Estonia?
Credit to government and state-owned enterprises to gdp in Estonia was 4.1% in 2020, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
What is the highest credit to government and state-owned enterprises to gdp recorded in Estonia?
The highest recorded value was 32.6% in 2003.
What is the lowest credit to government and state-owned enterprises to gdp recorded in Estonia?
The lowest recorded value was 1.3% in 2007.
How does Estonia rank for credit to government and state-owned enterprises to gdp?
Estonia ranks 152nd out of 178 countries with data for 2020.
Is credit to government and state-owned enterprises to gdp rising or falling in Estonia?
Over the last ten years it is up 21.0%. The long-run trend across the full record is volatile.
Where does this Estonia data come from?
The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Credit to government and state-owned enterprises to GDP (%). Statizoid updates them automatically from the source API.

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Credit to government and state-owned enterprises to GDP in Estonia. Statizoid, drawing on International Financial Statistics (IFS), International Monetary Fund (IMF). Retrieved 11 September 2026, from https://financial-sector.statizoid.com/stat/credit-to-government-and-state-owned-enterprises-to-gdp-percent/estonia/

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About this data

Indicator
Credit to government and state-owned enterprises to GDP (%)
Unit
%
Source
International Financial Statistics (IFS), International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
178 places, 6,137 data points, 1980–2020
Last refreshed

Raw data are from the electronic version of the IMF’s International Financial Statistics. (IFS line 22A + line 22B + line 22C) / GDP. Local currency GDP is from IFS (line 99B..ZF or, if not available, line 99B.CZF).