Faster growth in imports than in exports led the current account into deficit in May
Eesti Pank publishes the flash estimate of the balance of payments monthly for the last month but one. More detailed information can be found on the Eesti Pank website under monthly balance of payments. Eesti Pank will publish the balance of payments for the second quarter of 2021 on 8 September 2021.
1 The quarterly balance of payments is compiled from a combined system of representative primary data sources, including surveys of companies, while the monthly balance of payments draws from a considerably smaller database. Although the monthly report uses as much of the data available for the month reported as possible, including administrative data sources and reports on international payments, it is subjective to a certain degree, which is why it is called an estimate. Once the quarterly balance of payments is released, the monthly balances of payments are adjusted accordingly. For more on the principles used in compiling the flash estimate, see balance of payments flash estimate.
Statistical releases are published by Eesti Pank together with statistical data. The release is independent of economic policy releases and is presented separately from them.
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