Table 2 Estonia's balance of payments, between 1994 and 1997

Table 2 Estonia's balance of payments, between 1994 and 1997 (EEK mn)⁽¹⁾

1994

1995

1996

1997

Current account

-2,145.6

-1,810.6

-5,108.5

-8,452.1

Trade balance

-4,615.9

-7,615.5

-12,589.8

-16,470.8

    Goods: export fob

15,828.5

19,428.2

21,531.8

29,059.5

    Goods: import fob

-20,444.4

-27,043.7

-34,121.6

-45,530.3

Services: net

1,362.7

4,330.3

6,245.0

8,465.9

    Services: credit

6,657.0

10,022.9

13,352.8

18,349.2

    Services: debit

-5,294.3

-5,692.6

-7,107.8

-9,883.3

Income: net

-378.0

28.2

26.2

-2,046.7

    Income: credit

482.5

727.7

1,352.5

1,562.1

    Income: debit

-860.5

-699.5

-1,326.3

-3,608.8

Transfers: net

1,485.6

1,446.4

1,210.1

1,599.5

    Government transfers

1,410.5

1,153.8

1,005.3

1,320.6

    Private transfers

75.1

292.6

204.8

278.9

Capital and financial account

2,221.4

2,836.1

6,596.4

11,477.0

   Capital account

-8.1

-9.1

-7.8

-2.0

   Financial account

2,229.5

2,845.2

6,604.2

11,479.0

      Direct investments

2,789.4

2,283.8

1,329.9

1,812.9

      Portfolio investments

-183.4

-255.1

1,784.4

3,663.3

      Other investments

-376.5

816.5

3,489.9

6,002.8

         Monetary authorities

86.9

-1.0

-220.8

-302.6

         General government

263.2

699.2

333.9

-397.7

         Banks

-799.8

481.8

2,336.4

4,195.8

         Other sectors

73.2

-363.5

1,040.4

2,507.3

Errors and omissions

319.8

174.9

-259.5

-253.6

Overall balance

395.6

1,200.4

1,228.4

2,771.3

Reserve assets

-395.6

-1,200.4

-1,228.4

-2,771.3

⁽¹⁾After additional information is received, data of the earlier periods have been updated accordingly.