09.12.2016
Andres Saarniit Economist at Eesti Pank
  • The current account surplus diminished in the first half of the year, but in the third quarter it was again bigger than at the same time last year
  • One cause of the increase in the surplus was the broad-based acceleration... more
08.09.2015
Andres Saarniit Economist at Eesti Pank

The surplus on the current account of the balance of payments increased in the second quarter of this year to equal 6% of GDP. Corporate income tax was the cause of the large change, as it is calculated separately for large dividends.... more

09.06.2015
Andres Saarniit Economist at Eesti Pank

Data released today show that the current account of the balance of payments had a very small deficit of 13 million euros or 0.3% of GDP. The first-quarter current account deficit has averaged 8-9% of GDP over the past 15 years. There... more

11.03.2015
Andres Saarniit Economist at Eesti Pank

Growth in exports of goods and services was faster in the final months of last year than in the preceding quarters, though the developments were different for different groups of goods. So whereas exports of dairy products were around... more

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