Posts tagged as debt level

Statistics: Estonia’s gross debt level grew to 18 percent of GDP in 2020

Thursday, March 25, 2021

According to preliminary data from Statistics Estonia, Estonia’s gross debt level in 2020 was 18 percent of the gross domestic product (GDP). The general government deficit was 4.8 percent. The general government sector comprises three sub-sectors: central government, local governments and social security funds. According to Evelin Ahermaa, an analyst at Statistics Estonia, last year, expenditures exceeded revenues both for central government and for social security funds; their deficits were respectively €991…