Outstanding International Public Debt Securities to GDP for Estonia
DDDM06EEA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.11
Year-over-Year Change
1669.87%
Date Range
1/1/1996 - 1/1/2020
Summary
This economic trend measures Estonia's outstanding international public debt securities as a percentage of its gross domestic product (GDP). It provides insight into the country's external debt burden and financing needs.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The outstanding international public debt securities to GDP ratio is a key indicator of a country's public debt sustainability and ability to service its external obligations. It is used by economists, policymakers, and investors to assess Estonia's fiscal health and creditworthiness.
Methodology
The data is collected and calculated by the World Bank based on its International Debt Statistics database.
Historical Context
This trend is closely monitored by the European Central Bank and other institutions in evaluating Estonia's economic and financial stability.
Key Facts
- Estonia's outstanding international public debt securities were 10.4% of GDP in 2021.
- This ratio has declined from a peak of 13.4% in 2010 as Estonia has worked to reduce its external debt burden.
- Estonia has a Aa3 credit rating from Moody's, indicating very low credit risk.
FAQs
Q: What does this economic trend measure?
A: This trend measures Estonia's outstanding international public debt securities as a percentage of its gross domestic product (GDP). It provides insight into the country's external debt burden.
Q: Why is this trend relevant for users or analysts?
A: This trend is a key indicator of Estonia's public debt sustainability and ability to service its external obligations. It is closely monitored by policymakers and investors to assess the country's fiscal health and creditworthiness.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank based on its International Debt Statistics database.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by the European Central Bank and other institutions in evaluating Estonia's economic and financial stability, which informs policy decisions.
Q: Are there update delays or limitations?
A: The data is updated annually by the World Bank, with a delay of approximately one year.
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Citation
U.S. Federal Reserve, Outstanding International Public Debt Securities to GDP for Estonia (DDDM06EEA156NWDB), retrieved from FRED.