Bank concentration in Estonia
Estonia: Bank concentration was 91.4% in 2021. ▬ Flat
Bank concentration in Estonia, 2000–2021
Source: Bankscope, Bureau van Dijk (BvD). Measured in %.
Analysis
In 2021, bank concentration in Estonia stood at 91.4%.
That represents a change of down 3.1% on the previous year and down 7.3% over ten years.
Over the whole period, bank concentration in Estonia peaked at 98.5% in 2011 and was at its lowest, 89.6%, in 2016.
That places Estonia 36th out of 169 countries with data for 2021, putting it in the top quarter.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 96.1% | 93.2% | 97.7% | 10 |
| 2010s | 94.9% | 89.6% | 98.5% | 10 |
| 2020s | 92.8% | 91.4% | 94.3% | 2 |
Countries ranked near Estonia
More financial sector data for Estonia
- Domestic credit to private sector by banks 60.5% (2024)
- Total reserves in months of imports 0.7247 (2025)
- Net domestic credit 28.87 billion current LCU (2024)
- Net foreign assets 8.79 billion current LCU (2024)
- Monetary Sector credit to private sector 60.5% (2024)
- Claims on central government, etc. -2.8% (2024)
- Domestic credit to private sector 60.5% (2024)
- Official exchange rate 0.885 LCU per US$, period average (2025)
- Net migration -13,350 (2025)
- GDP deflator: linked series 142.95 base year varies by country (2025)
Frequently asked questions
- What is bank concentration in Estonia?
- Bank concentration in Estonia was 91.4% in 2021, according to Bankscope, Bureau van Dijk (BvD).
- What is the highest bank concentration recorded in Estonia?
- The highest recorded value was 98.5% in 2011.
- What is the lowest bank concentration recorded in Estonia?
- The lowest recorded value was 89.6% in 2016.
- How does Estonia rank for bank concentration?
- Estonia ranks 36th out of 169 countries with data for 2021.
- Is bank concentration rising or falling in Estonia?
- Over the last ten years it is down 7.3%. The long-run trend across the full record is flat.
- Where does this Estonia data come from?
- The figures come from Bankscope, Bureau van Dijk (BvD), published as part of Bank concentration (%). Statizoid updates them automatically from the source API.
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About this data
Raw data are from Bankscope. (Sum(data2025) for three largest banks in Bankscope) / (Sum(data2025) for all banks in Bankscope). Only reported if number of banks in Bankscope is 3 or more. Calculated from underlying bank-by-bank unconsolidated data from Bankscope.