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

14.09.2015

The flash estimate1 put the Estonian current account at 25 million euros in surplus in July 2015. Activity in the Estonian external economy has declined in recent months and the volumes of credit and debit on the current account have been smaller than a year earlier for four months. Exports of... more

08.09.2015

The current account of the Estonian balance of payment recorded its highest ever surplus in the second quarter of 2015 at 308 million euros, or 5.9% of GDP, which is more than two and a half times larger than in the same quarter of last year. The main contribution to the growth in the surplus... more

13.08.2015

The flash estimate1 put the Estonian current account at 39 million euros in surplus in June 2015. Exports of goods were the same as a year ago, but the inflow of primary income2 was smaller. Imports of goods and the outflow of primary income were both less than in June 2014, while imports of... more

14.07.2015

The flash estimate1 put the Estonian current account at 52 million euros in surplus in May 2015. Estonia's activity in foreign markets has reduced over the past few months. The export volume of goods, services and income was smaller in May than the year before and the import of goods also... more

15.06.2015

The flash estimate1 put the Estonian current account at 20 million euros in surplus in April 2015. Almost all the components in the current account were down, as exports and imports of goods and services and income from direct investment were less than in April last year. As the fall in imports... more

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