08.08.2017

There were close to 1.8 m visitors from abroad, an increase of 7% when compared with Q2 of 2016.  While the number of visitors from Finland remained stable, accounting for one-third of the total, the trips made by residents of other EU Member States increased by one-tenth.

Residents of... more

14.07.2017

The flash estimate1 put the Estonian current account at 42 million euros in surplus in May 2017. The surplus on the goods and services account was 76 million euros, which was 7 million euros more than a year earlier. Goods exports were up by 12% over the year and imports by 10%, meaning the... more

13.06.2017

The flash estimate1 put the Estonian current account at 9 million euros in deficit in April 2017. The surplus on the goods and services account was 21 million euros, which was 16 million euros less than a year earlier. Goods exports were down by 3% over the year and imports by 1%, meaning the... more

08.06.2017
Kristo Aab Economist at Eesti Pank
  • The current account was unusually in surplus in the first quarter
  • More was paid back in debt liabilities to investors than was received as new investment in the country
  • The threat of external imbalance in the economy... more
08.06.2017
  • The current account surplus was 99 million euros in the first quarter of 2017, or around 2% of GDP. The surplus was supported by an increase in the positive balance of exports and imports of services and a reduction in the negative balance of income received and paid.
  • The net... more
15.05.2017

The flash estimate1 put the Estonian current account at 37 million euros in deficit in March 2017. All the components of the current account were up on the previous March, especially exports and imports of goods and services. The surplus on the goods and services account was 5 million euros,... more

09.05.2017

There were more than one million visits to Estonia by foreign residents in the first quarter of 2017, which was 6% more than in the same quarter of 2016. The biggest increase was in the number of tourists from Russia, who made 22,000 more visits to Estonia than a year before. The number of... more

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
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