30.09.2016
The euro area economy as a whole grew faster in 2015 than in the preceding years, and by the end of the year total output had reached about the same level as before the crisis. Economic growth in Estonia unfortunately slowed and was the slowest of the past six years, remaining below the long-term... more
23.09.2016
  • Estonia’s foreign direct investment position* at the end of 2015 put it behind only Hungary in volume among the newer European members from Central and Eastern Europe
  • The Estonian current account in 2015 posted its largest surplus since independence was regained
  • Both... more
13.09.2016

The flash estimate1 put the Estonian current account at 45 million euros in surplus in July 2016. The surplus on the goods and services account was 86 million euros, which was 14 million euros less than at the same time a year earlier. The decline of 4.5% in goods exports was faster than the 2.4... more

08.09.2016
Kristo Aab Economist at Eesti Pank
  • The current account surplus was smaller than that of a year ago
  • Exports from the main branches of services other than transport services are at record levels
  • Flows of direct investment were in balance

... more

12.08.2016

The flash estimate1 put the Estonian current account at 86 million euros in surplus in June 2016. The surplus on the goods and services account was 100 million euros, which was 15 million euros more than at the same time a year earlier. Goods exports grew by 2.6% and goods imports by 1%, which... more

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

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