Estonia - Credit to GDP 2019
58.24%
−2.52% from 2018
Estonia's credit to gdp was 58.24% in 2019, decreased +2.52% from 60.76% in 2018. This was the 114th highest globally.
Global Ranking - 2019▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Somalia, Fed. Rep. | 0.00% | -4.8% |
| 2nd | South Sudan | 1.70% | 11.6% |
| 3rd | Afghanistan | 3.23% | -8.0% |
| 4th | Zimbabwe | 3.43% | -41.2% |
| 5th | Sierra Leone | 3.86% | 6.0% |
| 6th | Congo, Democratic Republic of | 6.64% | 12.1% |
| 7th | Malawi | 7.22% | 5.9% |
| 8th | Chad | 7.54% | -8.6% |
| 9th | Nigeria | 7.92% | -22.7% |
| 10th | Gambia, The | 8.20% | 16.3% |
| 11th | Iraq | 8.81% | 2.7% |
| 12th | Sudan | 9.17% | -1.9% |
| 13th | Guinea | 10.29% | 6.6% |
| 14th | Haiti | 10.37% | -7.5% |
| 15th | Niger | 11.22% | 10.0% |
| 16th | Tajikistan | 11.58% | -3.0% |
| 17th | Central African Republic | 11.71% | -5.2% |
| 18th | Tanzania | 12.64% | -0.5% |
| 19th | Congo, Republic of | 12.64% | -2.8% |
| 20th | Timor-Leste | 12.97% | -19.2% |
| 21st | Guinea-Bissau | 13.35% | -3.7% |
| 22nd | Gabon | 13.38% | 2.2% |
| 23rd | Angola | 13.47% | 1.6% |
| 24th | Uganda | 13.81% | 1.2% |
| 25th | Ghana | 13.94% | 1.6% |
| 26th | Cameroon | 14.09% | -4.0% |
| 27th | Madagascar | 14.21% | 9.6% |
| 28th | Liberia | 14.31% | -15.7% |
| 29th | Argentina | 14.48% | -9.3% |
| 30th | Libya | 14.63% | 13.9% |
| 31st | Equatorial Guinea | 15.24% | 7.4% |
| 32nd | Comoros | 15.58% | -2.1% |
| 33rd | Zambia | 15.63% | 4.4% |
| 34th | Pakistan | 15.69% | -5.7% |
| 35th | Benin | 17.61% | 5.2% |
| 36th | Papua New Guinea | 18.05% | -3.7% |
| 37th | Burundi | 18.58% | 12.5% |
| 38th | Côte d'Ivoire | 19.05% | -1.2% |
| 39th | Eswatini | 20.22% | -3.6% |
| 40th | Mali | 20.68% | -3.6% |
| 41st | Mozambique | 21.28% | -3.8% |
| 42nd | Lesotho | 21.32% | 5.9% |
| 43rd | Rwanda | 21.46% | 0.3% |
| 44th | Djibouti | 22.35% | 3.3% |
| 45th | São Tomé and Principe | 22.49% | -9.2% |
| 46th | Mauritania | 22.72% | 3.1% |
| 47th | Egypt, Arab Republic of | 22.85% | -6.0% |
| 48th | Micronesia, Federated States of | 22.87% | 12.5% |
| 49th | Algeria | 22.91% | 2.3% |
| 50th | Azerbaijan | 23.00% | 10.8% |
| 51st | Suriname | 23.09% | -4.9% |
| 52nd | Kyrgyz Republic | 23.30% | -0.3% |
| 53rd | Kazakhstan | 24.27% | -6.4% |
| 54th | Romania | 24.72% | -3.8% |
| 55th | Uruguay | 25.31% | 1.5% |
| 56th | Moldova | 25.32% | 7.1% |
| 57th | Uzbekistan | 25.86% | 26.6% |
| 58th | Myanmar | 26.64% | 1.6% |
| 59th | Togo | 27.59% | -0.8% |
| 60th | Dominican Republic | 28.10% | 2.6% |
| 61st | Burkina Faso | 28.35% | 4.4% |
| 62nd | Belarus | 28.77% | 4.2% |
| 63rd | Senegal | 29.52% | -0.1% |
| 64th | Ukraine | 30.03% | -13.0% |
| 65th | Solomon Islands | 30.74% | 0.1% |
| 66th | Kenya | 30.83% | -1.2% |
| 67th | Maldives | 31.54% | 1.6% |
| 68th | Nicaragua | 32.22% | -19.2% |
| 69th | Hungary | 33.17% | 2.8% |
| 70th | Albania | 33.73% | 3.7% |
| 71st | Guatemala | 34.08% | -2.8% |
| 72nd | Mexico | 35.59% | 5.9% |
| 73rd | Brunei Darussalam | 35.71% | 1.9% |
| 74th | Latvia | 35.72% | -5.8% |
| 75th | Botswana | 35.94% | 3.4% |
| 76th | Ireland | 36.06% | -9.2% |
| 77th | Guyana | 37.09% | 1.4% |
| 78th | Tonga | 38.21% | -2.8% |
| 79th | Dominica | 38.36% | -7.9% |
| 80th | Indonesia | 38.37% | -1.1% |
| 81st | Lithuania | 38.74% | -3.1% |
| 82nd | Bangladesh | 39.03% | -2.5% |
| 83rd | Serbia | 40.17% | 1.1% |
| 84th | Trinidad and Tobago | 41.45% | 6.4% |
| 85th | Antigua and Barbuda | 41.95% | 0.7% |
| 86th | Ecuador | 42.69% | 11.4% |
| 87th | Slovenia | 42.72% | -2.3% |
| 88th | St. Vincent and the Grenadines | 43.61% | -1.8% |
| 89th | Peru | 44.72% | 1.9% |
| 90th | Jamaica | 44.91% | 11.5% |
| 91st | West Bank and Gaza | 44.93% | 0.2% |
| 92nd | Belize | 45.96% | 1.4% |
| 93rd | Colombia | 46.04% | 0.4% |
| 94th | Kosovo | 46.67% | 5.0% |
| 95th | Sri Lanka | 47.01% | 0.7% |
| 96th | Paraguay | 47.75% | 7.1% |
| 97th | Philippines | 47.97% | 0.9% |
| 98th | St. Kitts and Nevis | 48.52% | -1.3% |
| 99th | Mongolia | 48.90% | -11.7% |
| 100th | Czechia | 49.44% | -2.5% |
| 101st | Montenegro | 49.54% | -1.4% |
| 102nd | Grenada | 49.55% | -2.2% |
| 103rd | Bulgaria | 49.83% | -1.4% |
| 104th | Poland | 50.23% | -3.2% |
| 105th | India | 50.74% | 0.8% |
| 106th | North Macedonia | 51.27% | 2.0% |
| 107th | Cabo Verde | 51.64% | -3.8% |
| 108th | Russian Federation | 52.56% | 2.6% |
| 109th | Croatia | 52.93% | -2.5% |
| 110th | St. Lucia | 53.96% | -3.5% |
| 111th | Bolivia, Plurinational State of | 54.89% | 5.3% |
| 112th | Costa Rica | 56.18% | -6.8% |
| 113th | Bosnia and Herzegovina | 57.17% | 0.9% |
| 114th | Estonia | 58.24% | -4.2% |
| 115th | El Salvador | 59.07% | 3.1% |
| 116th | Vanuatu | 59.09% | -3.9% |
| 117th | Tunisia | 59.29% | -6.7% |
| 118th | Bhutan | 59.37% | 8.3% |
| 119th | Aruba | 59.65% | 6.6% |
| 120th | Armenia | 60.16% | 8.4% |
| 121st | Slovak Republic | 62.46% | 1.7% |
| 122nd | Brazil | 62.79% | 4.3% |
| 123rd | Türkiye | 64.26% | -3.7% |
| 124th | Israel | 64.45% | -1.6% |
| 125th | Honduras | 64.46% | 2.6% |
| 126th | Georgia | 65.02% | 9.2% |
| 127th | Oman | 65.14% | 6.7% |
| 128th | Barbados | 67.37% | -1.7% |
| 129th | Belgium | 69.36% | 1.7% |
| 130th | Malta | 69.53% | 0.6% |
| 131st | Namibia | 70.95% | 7.8% |
| 132nd | Italy | 73.44% | -3.9% |
| 133rd | United Arab Emirates | 75.29% | 1.8% |
| 134th | Jordan | 76.90% | 1.7% |
| 135th | Mauritius | 76.97% | 3.7% |
| 136th | Germany | 77.97% | 1.8% |
| 137th | Nepal | 78.95% | 3.4% |
| 138th | Greece | 80.21% | -12.1% |
| 139th | Morocco | 81.47% | 3.2% |
| 140th | Samoa | 83.26% | 2.1% |
| 141st | Panama | 83.33% | -0.7% |
| 142nd | Cambodia | 84.32% | 14.2% |
| 143rd | European Union | 84.76% | -1.1% |
| 144th | Austria | 86.30% | 1.7% |
| 145th | Iceland | 87.71% | -2.0% |
| 146th | Kuwait | 91.96% | 1.5% |
| 147th | Portugal | 93.36% | -3.9% |
| 148th | Spain | 94.41% | -4.5% |
| 149th | Finland | 95.92% | 1.1% |
| 150th | Netherlands | 98.64% | -4.9% |
| 151st | Qatar | 100.64% | 25.1% |
| 152nd | Fiji | 104.11% | 12.2% |
| 153rd | Cyprus | 106.68% | -21.2% |
| 154th | France | 106.91% | 2.2% |
| 155th | Viet Nam | 108.03% | 2.6% |
| 156th | Luxembourg | 109.01% | 3.3% |
| 157th | South Africa | 117.19% | -1.0% |
| 158th | Singapore | 119.47% | 1.5% |
| 159th | Macao SAR, China | 119.79% | 5.2% |
| 160th | Malaysia | 120.71% | 0.4% |
| 161st | Chile | 124.88% | 5.7% |
| 162nd | United Kingdom | 131.44% | -1.0% |
| 163rd | Sweden | 131.82% | -1.1% |
| 164th | Australia | 135.67% | -2.7% |
| 165th | Korea | 142.65% | 6.9% |
| 166th | Thailand | 143.37% | -0.5% |
| 167th | Norway | 149.39% | 4.8% |
| 168th | New Zealand | 155.39% | 1.5% |
| 169th | Denmark | 161.90% | 0.0% |
| 170th | China | 162.21% | 4.7% |
| 171st | Japan | 177.37% | 5.1% |
| 172nd | United States | 196.18% | 6.5% |
| 173rd | Hong Kong SAR, China | 236.74% | 7.7% |
FAQ
What was Estonia's credit to gdp in 2019?▾
Estonia's credit to gdp in 2019 was 58.24%. This ranked 114th globally.
How did Estonia's credit to gdp change in 2019?▾
Estonia's credit to gdp decreased by 4.2% in 2019 compared to 2018.
Which country had the highest credit to gdp in 2019?▾
Hong Kong SAR, China had the highest credit to gdp in 2019 at 236.74%.
What is the credit to gdp of Estonia in 2019?▾
The credit to gdp of Estonia in 2019 was 58.24%. This ranked 114th globally.
How does 2019 compare to 2018 for Estonia's credit to gdp?▾
Estonia's credit to gdp went from 60.76% in 2018 to 58.24% in 2019, a 4.2% decrease.
HistorySaid - pattern alert
Estonia matched the Export Boom Cycle pattern in 2019. Historically: 768 occurrences, 546 successful (71%). Outcome 24 months later: 8.3%. View full analysis →
Related
2018
2020
All years
Full ranking 2019
Lending Rate
Deposit Rate
Real Interest Rate
M2 Money Supply Growth
Non-Performing Loans
Peak: 2009
Lowest: 2004
Credit to GDP 1990s
Credit to GDP 2000s
Credit to GDP 2010s
Credit to GDP 2020s
Highest ever
Lowest ever
Average
vs Brunei Darussalam
vs Japan
vs Lithuania
vs Czechia
European Union Credit to GDP
NATO Credit to GDP
OECD Credit to GDP
Global Ranking