13.04.2018

The flash estimate1 put the Estonian current account at 18 million euros in surplus in February 2018. The surplus on the goods and services account fell to 65 million euros. Exports of goods increased by 4% and imports by 11%. The faster growth in goods imports meant the deficit on the goods... more

16.03.2018

The flash estimate1 put the Estonian current account at only two million euros in deficit in January 2018. The surplus on the goods and services account was the same as a year earlier at 26 million euros. Exports increased by 6% and imports by 10%. The faster growth in goods imports meant the... more

08.03.2018
  • The current account surplus of 734 million euros in 2017, or 3.2% of GDP, was around twice as large as that of 2016. This was because of the record surplus in the export and import account for services and other income transfers to companies from other countries.
  • The net outflow... more
08.03.2018
Kristo Aab Economist at Eesti Pank
  • The biggest boost to the current account surplus came from exports of services
  • The inflow of direct investment was at the same level as in 2016
  • The threat of external imbalances has declined

The year... more

13.02.2018

The flash estimate1 put the Estonian current account at 43 million euros in surplus in December 2017. The total surplus on the goods and services account was 64 million euros, which was 20 million euros more than a year earlier. Both exports and imports of goods increased by 4%. The larger... more

15.01.2018

The flash estimate1 put the Estonian current account at 53 million euros in surplus in November 2017. The surplus on the goods and services account was 97 million euros, which was 12 million euros more than a year earlier. Goods exports were up by 8% over the year and imports by 10%, and so the... more

14.12.2017

The flash estimate1 put the Estonian current account at 33 million euros in surplus in October 2017. The surplus on the goods and services account was 74 million euros, which was 24 million euros more than a year earlier. Goods exports were up by 8% over the year and imports by 9%, and so the... more

07.12.2017
Kristo Aab Economist at Eesti Pank
  • Growth in investment has led to increased imports
  • The movement of capital was affected by structural changes in the financial sector
  • During the first three quarters this year, 40% more foreign direct investment was... more
07.12.2017
  • The surplus on the current account of the Estonian balance of payments was 241 million euros in the third quarter of 2017, or 4.2% of GDP, which was 50 million euros less than at the same time a year earlier. The surplus was due to the record positive balance on the services account as... more
13.11.2017

The flash estimate1 put the Estonian current account at 76 million euros in surplus in September 2017. The surplus on the goods and services account was 116 million euros, which was 14 million euros less than a year earlier. Goods exports were down by 1% over the year and imports increased by 2... more

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