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

13.01.2016

The flash estimate1 put the Estonian current account at 42 million euros in surplus in November 2015. The deficit on the goods account was larger than that in November 2014, and the surplus on the services account was smaller. Exports of goods and services contracted over the year, but imports... more

14.12.2015

The flash estimate1 put the Estonian current account at 29 million euros in surplus in October 2015. The deficit on the goods account narrowed as imports fell faster than exports. Exports and imports of services also shrank, as turnover of travel services increased slightly but the figures for... more

09.12.2015
Kristo Aab Economist at Eesti Pank

The current account surplus stood at 159 million euros in the third quarter of this year, which was equal to around 3% of the GDP of the quarter. The surplus was 67 million euros larger than in the third quarter of last year, but the growth... more

09.12.2015

The current account of the Estonian balance of payments was in surplus in the third quarter of 2015 by 159 million euros, or 3.1% of GDP, which is 73% more than in the third quarter of 2014. The growth in the surplus was driven mainly by the primary income account, which reflects labour and... more

13.11.2015

The flash estimate1 put the Estonian current account balance at close to zero in September 2015. Exports and imports of goods and investment income were both down in September, while exports of services and other income increased at the same time. The total volume of credit and debit on the... more

14.10.2015

The flash estimate1 put the Estonian current account at 6 million euros in surplus in July 2015. Exports and imports of goods, services and investment income were all down in August. Exports and imports of other income were boosted by the active use of subsidies from the European Union... more

23.09.2015

Adjusted data show that the current account of the Estonian balance of payments had a surplus of 205 million euros in 2014. Goods exports were smaller than imports, but the opposite applied for services, and in total the surplus of goods and services increased to 681 million euros. Revenues from... more

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