14.07.2016

The flash estimate1 put the Estonian current account at 51 million euros in surplus in May 2016. The surplus on the goods and services account was 64 million euros, which was 51 million euros less than at the same time a year earlier. As goods exports were up 5% over the year and imports were up... more

13.06.2016

The flash estimate1 put the Estonian current account at 4 million euros in surplus in April 2016. The surplus on the goods and services account was 21 million euros, which was 60 million euros less than at the same time a year earlier. As goods exports were up 4% over the year and imports were... more

09.06.2016
Kristo Aab Economist at Eesti Pank
  • Imports of goods increased again after four quarters of decline
  • Imports of services declined because exports of transport and travel services were down
  • The Estonian economy was a net borrower again after two years... more
09.06.2016

The current account of the Estonian balance of payments was in deficit by 112 million euros, or 2.3% of GDP, in the first quarter of 2016. The current account balance has been negative in the first quarter of the year for seven consecutive years now. This is mainly because of seasonal factors,... more

13.05.2016

The flash estimate1 put the Estonian current account at 58 million euros in deficit in March 2016. The increase in the deficit was driven most by the widening of the deficit on the goods account to 114 million euros. Exports of goods were 0.4% down on a year earlier, while imports were up 1.8%... more

13.04.2016

The flash estimate1 put the Estonian current account at 42 million euros in deficit in February 2016. This was mainly because the deficit on the goods account was larger than in February 2015. Although exports of goods were some 2.5% up on a year earlier, imports were up 5.6% over the same... more

15.03.2016

The flash estimate1 put the Estonian current account at 55 million euros in deficit in January 2016. This was mainly because the deficit on the goods account was larger than in January 2015. Exports of goods were some 9% down on a year earlier, while imports were up 2.4% over the same period.... more

10.03.2016
Kristo Aab Economist at Eesti Pank
  • The current account surplus of 394 million euros in 2015 was twice as large as in 2014
  • Imports of goods declined faster in 2015 than exports of goods did
  • Estonian assets abroad increased in the fourth quarter by more... more
10.03.2016

The current account of the Estonian balance of payment was in surplus in 2015 by 394 million euros, or 1.9% of GDP, making it nearly twice as large as in 2014. The growth in the surplus was driven mainly by reductions of 16% in the deficit on the goods account and of 14% in the deficit on the... more

12.02.2016

The flash estimate1 put the surplus on the current account of the Estonian balance of payments at 34 million euros in December 2015. The deficit on the goods account was smaller than a year before as goods exports increased while imports decreased. Exports of services remained the same, but... more

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