13.04.2017

The flash estimate1 put the Estonian current account at 49 million euros in surplus in February 2017. Unlike in January, there were no one-off factors affecting the current account in February, and so it returned to its usual level of recent times. The surplus on the goods and services account... more

16.03.2017

The flash estimate1 put the Estonian current account at 251 million euros in deficit in January 2017. The cause of the deficit was large one-off import transactions for transport vehicles. The deficit on the goods and services account was 240 million euros. Goods exports grew by 9% and goods... more

09.03.2017
Kristo Aab Economist at Eesti Pank
  • The current account surplus for 2016 was the largest since independence was regained at 2.7% of GDP
  • Reinvested income is preferred to new money for use in investment
  • The net international investment position... more
09.03.2017
  • The surplus on the current account in 2016 was 555 million euros, or 2.7% of GDP, and it increased mainly because the net outflow of investment income decreased
  • The balance for goods and services totalled 869 million euros, which was about the same as a year earlier
  • The... more
13.02.2017

The flash estimate1 put the Estonian current account at 65 million euros in surplus in December 2016. The surplus on the goods and services account doubled over the year to 74 million euros. The growth of 6% in goods exports at the end of the year was faster than the 5% in imports, so the... more

13.01.2017

The flash estimate1 put the Estonian current account at 76 million euros in surplus in November 2016. The surplus on the goods and services account was 45 million euros larger than a year earlier at 107 million euros. The growth of 8% in goods exports was faster than the 6% in imports, and this... more

14.12.2016

The flash estimate[1] put the Estonian current account at 37 million euros in surplus in October 2016. The surplus on the goods and services account was around the same as a year earlier at 67 million euros. The growth of 2% in goods exports was slower than the 4% in imports, and this increased... more

09.12.2016
  • The net outflow of 254 million euros of capital was due to direct investment by non-financial companies in companies based abroad and to repayments of trade credit
  • The net investment position moved in the direction of balance for the second consecutive quarter
  • The volume... more
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
09.12.2016
  • The current account surplus was 289 million euros in the third quarter of 2016, or 5.5% of GDP, having been 3.3% of GDP in the third quarter of 2015. The increase in the surplus was backed by growth in the surplus on goods and services and a reduction in the net outflow of investment income... more
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