14.12.2018

The flash estimate1 put the Estonian current account at 65 million euros in surplus in October 2018. The surplus on the goods and services account decreased by a tenth from a year earlier to 72 million euros. Exports and imports of goods were the largest of the year, as goods exports were up by... more

06.12.2018
  • The surplus on the current account of the Estonian balance of payments was 77 million euros in the third quarter of 2018, or 1.2% of GDP, which was less than one third of the surplus in the third quarter of 2017. The decline in the surplus was mainly caused by substantial growth in the... more
13.11.2018

The flash estimate1 put the Estonian current account at 68 million euros in surplus in September 2018. Turnover was up on the previous September for both goods and services, though faster growth in imports meant the total surplus of goods and services shrank to 120 million euros. Goods exports... more

08.11.2018
  • Tourists visiting Estonia spent an estimated 440 million euros
  • The share of Finnish tourists was the smallest of the past decade
  • The number of tourists visiting from Asia has stopped rising
  • Visitors from Estonia to foreign countries spent an estimated 290... more
15.10.2018

The flash estimate1 put the Estonian current account at 43 million euros in surplus in August 2018. Turnover was up on the previous August for both goods and services, though faster growth in imports meant the total surplus of goods and services shrank to 108 million euros. Goods exports... more

05.10.2018
  • The value of cross-border transactions made by customers of Estonian banks is not exceptionally high in international comparison.
  • The value of international payments initiated in Estonian banks in 2008-2015 was 3.1 times the GDP of Estonia, which is a similar ratio to those of... more
05.10.2018
The Balance of Payments Yearbook is a longer analysis of annual external sector statistics, which includes a number of graphs. In addition, the yearbook contains a chapter on the methodology: balance of payments terms and definitions, the compilation system, the legal basis, data protection, and... more
03.10.2018

In a news article published today, Bloomberg erroneously said that 900 billion euros’ worth of non-residents’ payments passed through Estonia in 2008-2015. These 900 billion euros are actually the aggregate amount of cross-border payments received in Estonia and paid from Estonia. The sum... more

28.09.2018

Eesti Pank compiles and publishes Estonia’s national balance of payments, and collects and disclosures statistics that are necessary for it to execute its responsibilities (see § 2 and § 34 of the Eesti Pank Act). These statistics are used widely in domestic and international monetary policy... more

28.09.2018
  • The surplus on the current account of the Estonian balance of payments reached a new record level in 2017
  • Exports and imports of both goods and services increased last year, with services exports doing so fastest of all
  • Estonia is one of the bigger recipients of direct... more
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