Interest, payable, Ratio of this level of government's expenditure on in Estonia
Estonia: Interest, payable, Ratio of this level of government's expenditure on was 0.7477 in 2020. ▲ Rising
Interest, payable, Ratio of this level of government's expenditure on in Estonia, 1995–2020
Source: International Monetary Fund.
Analysis
Estonia recorded 0.7477 for interest, payable, ratio of this level of government's expenditure on in 2020.
Compared with earlier readings it is down 4.0% on the previous year and up 49.5% over ten years.
Over the whole period, interest, payable, ratio of this level of government's expenditure on in Estonia peaked at 0.8856 in 1996 and was at its lowest, 0.3961, in 2008.
Estonia ranks 71st of 80 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 26 years of available data.
Interest, payable, Ratio of this level of government's expenditure on in Estonia, year by year
| Year | Value | Change |
|---|---|---|
| 1995 | 0.8776 | — |
| 1996 | 0.8856 | +0.9% |
| 1997 | 0.6954 | -21.5% |
| 1998 | 0.5831 | -16.2% |
| 1999 | 0.6351 | +8.9% |
| 2000 | 0.5751 | -9.4% |
| 2001 | 0.5657 | -1.6% |
| 2002 | 0.5738 | +1.4% |
| 2003 | 0.607 | +5.8% |
| 2004 | 0.6623 | +9.1% |
| 2005 | 0.6372 | -3.8% |
| 2006 | 0.5727 | -10.1% |
| 2007 | 0.4364 | -23.8% |
| 2008 | 0.3961 | -9.2% |
| 2009 | 0.4448 | +12.3% |
| 2010 | 0.5 | +12.4% |
| 2011 | 0.5038 | +0.8% |
| 2012 | 0.7121 | +41.3% |
| 2013 | 0.7946 | +11.6% |
| 2014 | 0.836 | +5.2% |
| 2015 | 0.8248 | -1.3% |
| 2016 | 0.8257 | +0.1% |
| 2017 | 0.7935 | -3.9% |
| 2018 | 0.7725 | -2.6% |
| 2019 | 0.7789 | +0.8% |
| 2020 | 0.7477 | -4.0% |
Estonia compared with similar countries
- Estonia's 0.7477 is below the median for high income countries, which is 0.9354, 80% of the median. (42 countries reporting)
- Estonia's 0.7477 is below the median for Europe & Central Asia, which is 0.966, 77% of the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.7354 | 0.5831 | 0.8856 | 5 |
| 2000s | 0.5471 | 0.3961 | 0.6623 | 10 |
| 2010s | 0.7342 | 0.5 | 0.836 | 10 |
| 2020s | 0.7477 | 0.7477 | 0.7477 | 1 |
Countries ranked near Estonia
More public sector data for Estonia
- Arms imports 63.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 45.91 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0015 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 152 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 63.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 1,051 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0334 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 16.66 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 1.44 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 585.07 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is interest, payable, ratio of this level of government's expenditure on in Estonia?
- Interest, payable, ratio of this level of government's expenditure on in Estonia was 0.7477 in 2020, according to International Monetary Fund.
- What is the highest interest, payable, ratio of this level of government's expenditure on recorded in Estonia?
- The highest recorded value was 0.8856 in 1996.
- What is the lowest interest, payable, ratio of this level of government's expenditure on recorded in Estonia?
- The lowest recorded value was 0.3961 in 2008.
- How does Estonia rank for interest, payable, ratio of this level of government's expenditure on?
- Estonia ranks 71st out of 80 countries with data for 2020.
- Is interest, payable, ratio of this level of government's expenditure on rising or falling in Estonia?
- Over the last ten years it is up 49.5%. The long-run trend across the full record is rising.
- Where does this Estonia data come from?
- The figures come from International Monetary Fund, published as part of Interest, payable, Ratio of this level of government's expenditure on this item to total general government expenditure on this, Percent (Central government). Statizoid updates them automatically from the source API.
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About this data
The Fiscal Decentralization dataset includes fiscal decentralization indicators for a sample of IMF member countries. The following indicators are included in the dataset: Revenue and Expenditure Decentralization Shares; Transfer dependency and Vertical Fiscal Imbalances; Deficit and Debt; Allocation of expenditure (economic classification); Allocation of expenditure (functional classification); Allocation of non-Tax Revenues; and Allocation of Taxes.