Interest payments (% of expense) in Estonia
Estonia: Interest payments (% of expense) was 1.0% in 2023. ◆ Volatile
Interest payments in Estonia, 1991–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
Estonia recorded 1.0% for interest payments in 2023.
That represents a change of up 210.7% on the previous year and up 189.2% over ten years.
Over the whole period, interest payments in Estonia peaked at 1.6% in 1996 and was at its lowest, 0.1%, in 2019.
That places Estonia 140th out of 152 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Interest payments (% of expense) in Estonia, year by year
| Year | % of expense | Change |
|---|---|---|
| 1991 | 0.3% | — |
| 1995 | 1.2% | +365.9% |
| 1996 | 1.6% | +30.3% |
| 1997 | 0.9% | -43.9% |
| 1998 | 1.0% | +15.5% |
| 1999 | 0.7% | -31.3% |
| 2000 | 0.5% | -23.4% |
| 2001 | 0.5% | -16.1% |
| 2002 | 0.6% | +25.0% |
| 2003 | 0.5% | -8.5% |
| 2004 | 0.5% | -1.2% |
| 2005 | 0.4% | -21.3% |
| 2006 | 0.3% | -19.6% |
| 2007 | 0.2% | -22.8% |
| 2008 | 0.2% | -1.3% |
| 2009 | 0.2% | -6.8% |
| 2010 | 0.2% | -9.7% |
| 2011 | 0.2% | +9.8% |
| 2012 | 0.3% | +42.6% |
| 2013 | 0.3% | +2.6% |
| 2014 | 0.4% | +24.0% |
| 2015 | 0.3% | -16.8% |
| 2016 | 0.3% | -12.3% |
| 2017 | 0.2% | -24.2% |
| 2018 | 0.2% | -24.9% |
| 2019 | 0.1% | -14.6% |
| 2020 | 0.2% | +29.1% |
| 2021 | 0.2% | +0.0% |
| 2022 | 0.3% | +63.7% |
| 2023 | 1.0% | +210.7% |
Estonia compared with similar countries
- Estonia's 1.0% is below the median for high income countries, which is 3.3%, 30% of the median. (54 countries reporting)
- Estonia's 1.0% is below the median for Europe & Central Asia, which is 3.3%, 29% of the median. (47 countries reporting)
Biggest year-on-year movements
Years where Interest payments (% of expense) in Estonia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1995 | +365.9% | 0.3% | 1.2% |
| 2023 | +210.7% | 0.3% | 1.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.9% | 0.3% | 1.6% | 6 |
| 2000s | 0.4% | 0.2% | 0.6% | 10 |
| 2010s | 0.3% | 0.1% | 0.4% | 10 |
| 2020s | 0.4% | 0.2% | 1.0% | 4 |
Countries ranked near Estonia
- 137 Bulgaria 1.3% compare
- 138 Solomon Islands 1.3% compare
- 139 Switzerland 1.0% compare
- 141 Kiribati 0.8% compare
- 142 Iran 0.7% compare
- 143 Democratic Republic of Congo 0.7% compare
More public sector data for Estonia
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Arms imports 204.00 million SIPRI trend indicator values (2025)
- 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)
Frequently asked questions
- What is interest payments in Estonia?
- Interest payments in Estonia was 1.0% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest interest payments recorded in Estonia?
- The highest recorded value was 1.6% in 1996.
- What is the lowest interest payments recorded in Estonia?
- The lowest recorded value was 0.1% in 2019.
- How does Estonia rank for interest payments?
- Estonia ranks 140th out of 152 countries with data for 2023.
- Is interest payments rising or falling in Estonia?
- Over the last ten years it is up 189.2%. The long-run trend across the full record is volatile.
- Where does this Estonia data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Interest payments (% of expense). Statizoid updates them automatically from the source API.
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About this data
Interest payments include interest payments on government debt (including long-term bonds, long-term loans, and other debt instruments) to domestic and foreign residents. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.