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
- 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
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
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
- 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
- produces the official external sector and financial sector statistics and the quarterly financial accounts for the Estonian economy
- distributes statistics to the European Central Bank and... more
The flash estimate1 put the Estonian current account at 11 million euros in surplus in July 2018. Turnover was up strongly on the previous July for both goods and services, though faster growth in imports meant the total surplus of goods and services shrank by 69 million euros. Exports and... more
- The surplus on the current account of the balance of payments was 118 million euros in the second quarter of 2018, or 1.8% of GDP. The surplus arose from the positive balance of exports and imports of services and support from the Structural Funds of the European Union.
- The... more
The flash estimate1 put the Estonian current account at 94 million euros in surplus in June 2018. The surplus on the goods and services account increased by a quarter from a year earlier to 139 million euros. Goods exports were up by 11% over the year and imports by 8%, meaning the deficit on... more