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 170 countries with data for 2021, putting it in the top quarter.
Bank concentration (%) in Estonia, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 97.5% | — |
| 2001 | 97.7% | +0.2% |
| 2002 | 97.6% | -0.1% |
| 2003 | 97.6% | -0.1% |
| 2004 | 95.1% | -2.6% |
| 2005 | 94.2% | -0.9% |
| 2006 | 97.4% | +3.4% |
| 2007 | 93.2% | -4.3% |
| 2008 | 93.4% | +0.2% |
| 2009 | 97.4% | +4.3% |
| 2010 | 97.7% | +0.3% |
| 2011 | 98.5% | +0.8% |
| 2012 | 97.3% | -1.3% |
| 2013 | 96.6% | -0.7% |
| 2014 | 96.0% | -0.6% |
| 2015 | 92.2% | -3.9% |
| 2016 | 89.6% | -2.9% |
| 2017 | 90.7% | +1.3% |
| 2018 | 95.8% | +5.6% |
| 2019 | 94.6% | -1.2% |
| 2020 | 94.3% | -0.3% |
| 2021 | 91.4% | -3.1% |
Estonia compared with similar countries
- Estonia's 91.4% is above the median for high income countries, which is 73.1%, 1.2× the median. (63 countries reporting)
- Estonia's 91.4% is above the median for Europe & Central Asia, which is 68.9%, 1.3× the median. (50 countries reporting)
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
- Reserve position in the IMF, US dollar, annual growth rate 8.55 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0018 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 63.05 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 3.37 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0013 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 46.04 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 8.55 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0018 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 63.05 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 3.37 % change on previous year (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 170 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.