Credit to Government and State-Owned Enterprises to GDP for Estonia
DDEI08EEA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.14
Year-over-Year Change
100.19%
Date Range
1/1/1993 - 1/1/2020
Summary
This economic trend measures the value of credit extended to the government and state-owned enterprises as a percentage of Estonia's GDP. It provides insight into the role of public sector financing in the Estonian economy.
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 Credit to Government and State-Owned Enterprises to GDP ratio tracks the relative importance of government and state-owned enterprise borrowing within Estonia's overall economic activity. It is a key indicator of the public sector's reliance on credit and can signal the government's fiscal position and involvement in the economy.
Methodology
This data is collected and calculated by the World Bank based on financial sector data.
Historical Context
Economists and policymakers use this metric to assess the Estonian government's fiscal policy and the state's role in economic activity.
Key Facts
- Credit to government and state-owned enterprises was 6.7% of Estonia's GDP in 2020.
- This ratio has declined from over 10% in the early 2000s.
- The metric provides insight into the state's involvement in the Estonian economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the value of credit extended to the government and state-owned enterprises as a percentage of Estonia's GDP.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the government's fiscal position and the state's role in the Estonian economy, which is valuable for economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank based on financial sector data.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this metric to assess Estonia's fiscal policy and the state's involvement in economic activity.
Q: Are there update delays or limitations?
A: The data is subject to the World Bank's collection and publication schedule, which may result in occasional update delays.
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Citation
U.S. Federal Reserve, Credit to Government and State-Owned Enterprises to GDP for Estonia (DDEI08EEA156NWDB), retrieved from FRED.